Congrats, Jim..!! You've won a bargain.
It looks like a 1/4 HP American Model Supply of Chicago engine.
They were offered in 1/8, 1/4, 1/2, and 1 hp sizes.
These engines were also offered by Evray Model Supply, other Chicago area industrial supply houses and even Strelingers.
The main thing missing is the cast base.
Here is a video that includes one the same size.
Gil