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    48-Unit Apartment Complex
    Updated: Aug 3
    48-Unit Apartment Complex

    604-620 E Grant Highway, Marengo, IL 60152

    $6,999,970
    2.42 AC lot
    48 units: 36 two‑bedroom apartments and 12 one‑bedroom apartments
    Two garden‑style, two‑story apartment buildings on 2.42 acres
    Separate utilities for every apartment
    Two‑bedroom units in Building 620 include in‑closet washers and dryers
    85 paved parking spaces plus a one‑story office and storage structure
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    48-Unit Garden Apartment Complex
    Updated: Aug 8
    48-Unit Garden Apartment Complex

    604-620 E Grant Highway, Marengo, IL 60152

    $6,999,970
    48 units: 36 two‑bedroom and 12 one‑bedroom apartments
    Two garden‑style, two‑story buildings plus a one‑story office and storage structure
    Roof updated in 2019; windows and patio doors installed in 2023
    Separate utilities serve the apartment units
    85 paved parking spaces
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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

    Opportunities in Nearby Cities

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

    Mixed-Use Building with Storefronts
    Mixed-Use Building with Storefronts

    115 S Main Street, Algonquin, IL 60102

    $1,695,000
    0.20 AC lot

    Historic brick property combines residential apartments with commercial space and updated building systems.

    View details
    Mixed-Use Downtown Building
    Mixed-Use Downtown Building

    522 S State Street, Belvidere, IL 61008

    $450,000
    4,180 sqft

    Mixed-use building with a main-level bar and five occupied residential lofts, with central air throughout.

    View details
    Seven-Cottage Apartment Property
    Seven-Cottage Apartment Property

    320-380 Highland Avenue, Algonquin, IL 60102

    $900,000
    1.40 AC lot

    Wooded multifamily setting with Fox River views and MULTI zoning.

    View details
    Mixed-Use Building with Bar and Lofts
    Mixed-Use Building with Bar and Lofts

    522 S State Street, Belvidere, IL 61008

    Contact for pricing

    Turnkey mixed-use property combining an established bar with fully occupied residential lofts and central air.

    View details

    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
    Multifamily properties

    604 Grant Hwy, Marengo, IL 60152

    Value Estimation by Request
    49,680 sqft 2.42 AC lot
    View details

    Marengo, IL Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Marengo, IL on our real estate platform.

    Sale prices for two-family homes in Marengo, IL average $6,999,970 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 12K
    Population Growth (5Y) -2.8%
    Median Household Income $94,209
    College Educated 34.4%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McHenry County

    New Delisted

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