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Property profile & analytics
OFF-MARKET
Warehouses

300 West St Marengo, IL 60152

279,200 SF 39.61 ac lot
Property ID
Property summary
AI-generated overview

This expansive 279,200 square foot warehouse, situated on a generous 39.61-acre lot in Marengo, Illinois, presents a significant investment opportunity. The property boasts a prime location, less than six miles from Interstate 90, ensuring excellent accessibility for transportation and logistics. The warehouse features two convenient entrances, accessible from West Street and Ritz Road, facilitating efficient loading and unloading operations. The property benefits from two 4160V electrical services, providing ample power for industrial needs. Furthermore, the property's proximity to the Union Pacific rail line along its northern perimeter offers the potential for future rail service integration, enhancing logistical capabilities. The seller is offering financial incentives for building improvements, tailored to meet the specific requirements of a prospective tenant, making this a highly attractive proposition. Finally, the substantial lot size includes additional undeveloped land, presenting opportunities for future expansion or development. This exceptional warehouse is ideally suited for a variety of industrial uses and offers a compelling combination of size, location, and potential. The property is located in McHenry County, Illinois, with the address being 300 West St, Marengo, IL 60152.

Property profile
Verified
Property type Warehouses
Total area 279,200 SF
Lot 39.61 ac (1,725,412 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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