0 James Bohlander, Marengo, IL 60152
This expansive industrial property, located at James Bohlander in Marengo, Illinois (60152), presents a significant investment opportunity. The former "Top Die Casting" building offers 25,800 square feet of space on a 2.16-acre lot, priced at $800,000 ($31.01/sq ft). Built in 1960, this two-story structure boasts a versatile layout suitable for various manufacturing uses. The property features two loading docks, enhancing operational efficiency. Ceiling heights range from 8'8" to 16'13", providing ample vertical space. The building is zoned I-1 and offers significant parking and storage for trucks and trailers. Interior features include over 20,000 square feet of shop/workspace, one drive-in overhead door, and multiple office spaces spread across both floors. The second floor also includes a common area, break room, and locker rooms. This prime location enjoys steady traffic on a state highway, making it easily accessible. The property is vacant and ready for immediate occupancy, offering the potential for single-tenant use or division into multiple units. The APN is 1123400007, and ownership is fee simple. This is a rare opportunity to acquire a substantial manufacturing facility in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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