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123 W Railroad St
Marengo, IL 60152
$1 Auction – Chicago MSA 22K SF Industrial · Industrial Property For Sale
Investment Highlights
- ABSOLUTE $1 AUCTION | ±22,000 SF | AUCTION MARCH 20-22, 2023
- Zoned M Manufacturing District and Suitable for a Variety of General Industrial Uses & Activities including Cannabis (Special Use)
- Affluent 2022 Demographics with ±39,392 Individuals and Avg Household Income of ±$101,462
- Freestanding 22,000 SF Industrial Building with Month-to-Month Tenant Paying Rent, Taxes, and Insurance
- Steady Traffic Along State Street, IL-23 with ±10,774 VPD
- Absolute Auction – First Bid Meets Reserve!
Property Facts
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1920 |
| Building Class | C | Clear Ceiling Height | 26’ |
| Lot Size | 1.54 AC | No. Drive In / Grade-Level Doors | 5 |
| Rentable Building Area | 22,000 SF | ||
| Zoning | M, Marengo | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.54 AC |
| Rentable Building Area | 22,000 SF |
| No. Stories | 1 |
| Year Built | 1920 |
| Clear Ceiling Height | 26’ |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | M, Marengo |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Property Taxes
| Parcel Number | 11-35-231-004 | Improvements Assessment | $28,143 |
| Land Assessment | $34,322 | Total Assessment | $62,465 |
Property Taxes
Parcel Number
11-35-231-004
Land Assessment
$34,322
Improvements Assessment
$28,143
Total Assessment
$62,465
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