Property profile

0 James Bohlander Marengo, IL 60152

OFF-MARKET
Industrial properties
25,800 SF 2.16 ac lot Built 1960
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Industrial properties
Year built 1960
Total area 25,800 SF
Lot 2.16 ac (94,090 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

James Bohlander Marengo, IL 60152
Marengo metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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