Property profile

3805 Il Rte 23 Marengo, IL 60152

OFF-MARKET
Industrial properties
Property ID
US28-1407079
1.17 ac lot
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 1.17 ac (50,971 SF)
APN 11-23-400-007
UPID US28-1407079

Cap rate & NOI

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

Location

3805 Il Rte 23 Marengo, IL 60152
Marengo metro Census 871003 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2025
4 recorded transactions
2025
$185,000
2015
Price N/A
2015
Price N/A
2015
Price N/A

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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