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    320 State St Marengo, IL 60152

    • Office Properties & Spaces
    • 3,633 SF
    • 0.47 lot acres
    For Sale
    View listing
    $275,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 320 State St

    Lot size
    0.47 lot acres
    Property size
    3,633 SF
    Property type
    Office Properties & Spaces
    Property subtype
    Office space

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marengo
    County
    McHenry
    State
    Illinois
    Longitude
    -88.6086
    Latitude
    42.2478

    Comparable in this City

    • Value Estimation by Request
      6,633 SF

      300-320 State St

      Restaurants • 6,633 SF
      300-320 State St, Marengo, IL 60152
      View Details
    • Value Estimation by Request
      90.00 Acres

      Church Rd & Grant Hwy

      Land • 90.00 Acres
      0 Church Rd & Grant Hwy, Marengo, IL 60152
      View Details
    • Value Estimation by Request
      0.28 Acres

      Nwn W St

      INDUSTRIAL (GENERAL) • 0.28 Acres
      Nwn W St, Marengo, IL 60152
      View Details
    • Value Estimation by Request
      1.70 Acres

      Nwn W St

      INDUSTRIAL (GENERAL) • 1.70 Acres
      Nwn W St, Marengo, IL 60152
      View Details
    • Value Estimation by Request
      8.31 Acres

      Marengo, IL 60152

      INDUSTRIAL (GENERAL) • 8.31 Acres
      Marengo, IL 60152
      View Details
    • Value Estimation by Request
      0.42 Acres

      Marengo, IL 60152

      COMMERCIAL (GENERAL) • 0.42 Acres
      Marengo, IL 60152
      View Details

    Similar Nearby for Sale

    • $275,000
      3,633 SF

      Prime Marengo Office Space

      3,633 SF Office - Sale or Lease
      320 State St, Marengo, IL 60152
      View Details
    • Contact for pricing
      3,000 SF

      Retail or Office Redevelopment Opportunity

      Retail, fast food, or office space along state highway frontage.
      302-310 W Grant Hwy, Marengo, IL 60152
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    • $275,000
      3,633 SF

      Converted Office Building For Sale

      3,633 SF office building with highway frontage.
      320 S State St, Marengo, IL 60152
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    • $1,170,000
      38.00 Acres

      Prime Marengo Development Land

      38 Acres, R-1 Zoning, Excellent Location
      0 Forest St, Marengo, IL 60152
      View Details
    • $6,999,970
      49,680 SF

      SunnySide Apartments: Marengo, IL

      48-Unit Apartment Complex, High ROI
      604 Grant Hwy, Marengo, IL 60152
      View Details

    Similar Nearby for Lease

    • $139,900
      1,200 SF

      Downtown Marengo Retail/Office Space

      Retail/office space in vibrant downtown Marengo with updated facade.
      112 S State St, Marengo, IL 60152
      View Details
    • $10 SF/Yr
      3,104 SF

      Marengo Commercial Property For Lease

      Commercial property for lease with modern, open layout.
      212 Lindow Ln, Marengo, IL 60152
      View Details
    • $1,000 /Mo
      900 SF

      Renovated Retail Space in Marengo

      900 SF retail space in downtown Marengo for rent.
      110 N State St, Marengo, IL 60152
      View Details
    • Contact for pricing
      279,200 SF

      Prime Marengo Warehouse Space

      Large warehouse space, multiple suites available.
      300 West St, Marengo, IL 60152
      View Details
    • $2,195 /Mo
      1,300 SF

      Newer Duplex Ranch For Rent

      Luxury 2-bedroom duplex with high-end finishes and attached garage.
      970 Partridge Cir, Marengo, IL 60152
      View Details
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    320 State St
    Marengo, IL 60152
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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