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    Industrial properties

    0 James Bohlander, Marengo, IL 60152

    25,800 SF 2.16 ac lot Built 1960
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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