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225 S State St
Marengo, IL 60152
Asking Price
$220K
Asset Type
Office
Class
Class B
What's Special
Retail | 3,000 SqFt <ul><li>Positioned at a highly visible and strategic location in Marengo, near the prominent corner of US Route 20 and Illinois Route 23</li><li>Strong traffic exposure and close proximity to Interstate 90 and Route 23 interchange</li><li>Conveniently located adjacent to a city parking lot</li><li>3,000 square feet of total building area</li><li>4,000 square feet of total lot size</li><li>Newly updated and thoughtfully designed with modern finishes throughout</li><li>Two private treatment
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NOI
$80,000
Cap Rate
36.36%
DSCR
6.12
Strong
Cash-on-Cash
101.42%
Monthly Payment
$1,088.44
Annual Cash Flow
$66,938.72