Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price range
    $
    $
    Size
    Property size / sq.ft.
    AI Search

    Marengo, IL Apartment Buildings for Sale

    Notify Me
    List
    Map
    Marengo Multifamily Investment Opportunity
    $6,999,970
    2.42 Acres

    Marengo Multifamily Investment Opportunity

    604-620 E Grant Hwy, Marengo, IL 60152

    Fully occupied apartment complex with significant income growth potential.

    • Substantial income growth potential due to below‑market rents.
    • 48 units (36 two‑bedroom, 12 one‑bedroom) providing a diverse rental income stream.
    • Recent capital improvements: newer roof (2019) and new windows/patio doors (2023).
    • Excellent condo conversion opportunity.
    • Two‑bedroom units in Building 620 include in‑closet washers and dryers.
    Updated: Dec 10, 2025
    View details
    SunnySide Apartments: Marengo, IL
    $6,999,970
    49,680 SF

    SunnySide Apartments: Marengo, IL

    604 Grant Hwy, Marengo, IL 60152

    48-Unit Apartment Complex, High ROI

    • 48‑unit multifamily complex in Marengo, IL, on a 2.42‑acre lot.
    • Recently renovated (2023) Class B property with new roof (2019), windows, and patio doors.
    • 100% occupancy, generating $560,700 NOI and an 8.01% cap rate.
    • Asking price: $6,999,970 ($145,832.71 per unit, $140.90 per square foot).
    • Significant upside potential due to below‑market rents and potential condo conversion.
    Updated: Dec 11, 2024
    View details
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Marengo, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Woodstock Income Property For Sale
    $825,000
    0.09 Acres

    Woodstock Income Property For Sale

    Eleven-unit income property in the heart of downtown Woodstock, Illinois.

    117 E Van Buren St, Woodstock, IL 60098
    View details
    Upscale Woodstock Office Condo
    $195,000
    4,320 SF

    Upscale Woodstock Office Condo

    Prime location, 1388 sq ft, professional office space.

    665 Calhoun St, Woodstock, IL 60098
    View details
    McHenry Multifamily Investment
    $690,000

    McHenry Multifamily Investment

    24-Unit Apartment Building, High ROI

    3937 Main St, McHenry, IL 60050
    View details
    Updated Mixed-Use Property For Sale
    $410,000
    0.21 Acres

    Updated Mixed-Use Property For Sale

    Updated mixed-use property with retail and residential units in McHenry.

    1308 Park St, McHenry, IL 60050
    View details

    Explore Off-Market Properties in Marengo, IL

    Consider similar Off-Market properties in Marengo, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    604 Grant Hwy

    604 Grant Hwy

    Multifamily properties • 49,680 SF
    Value Estimation by Request
    604 Grant Hwy, Marengo, IL 60152
    View details

    Marengo, IL Apartment Buildings Investment Opportunities Market Analysis

    Explore 3 apartment buildings for sale in Marengo, IL on our real estate platform. These investment opportunities span a total of 210,830 square feet of properties for sale, with an estimated market value of $13,999,940.

    Prices for two-family homes in Marengo, IL start at $6,999,970, averaging $6,999,970, and reaching up to $6,999,970 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

    List
    Map

    Browse Apartment buildings for Sale Near Marengo, IL

    Popular Searches in Marengo, IL

    Popular Categories

    Most Searched ZIP Codes in Marengo, IL

    • 60152

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.