300 West St Marengo, IL 60152
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.