Marengo, IL Apartment buildings for sale

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 buildings on 2.42 acres
100% occupied with separate utilities for each unit
85 paved parking spaces
Composition roof installed in 2019; windows, patio doors, siding, gutters, and fascia updated in 2023

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Updated: Jul 5

Two-Story Garden-Style Apartment Buildings

604-620 E Grant Hwy, Marengo, IL 60152

$6,999,970

49,680 sqft

48‑unit apartment property with 36 two‑bedroom and 12 one‑bedroom units
Two garden‑style, two‑story buildings totaling 49,680 square feet
100% occupied with separate utilities for each unit
85 paved parking spaces
Roof completed in 2019; windows, patio doors, siding, gutters, and fascia updated in 2023

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 Property with Apartments

782 Washington Street, Woodstock, IL 60098

$500,000

0.67 AC lot

The property combines multifamily housing with a heated office and workshop, storage space, and separate garages.

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Refurbished Mixed-Use Property For Sale

201 W Main St, Genoa, IL 60135

$399,000

1,500 sqft

Fully rented commercial space and two residential apartments for sale.

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100-Unit Apartment Portfolio

830 EDGEBROOK DR, Dekalb, IL 60115

Contact for pricing

Individual HVAC systems and gas meters serve each unit, with tenants responsible for gas used for heat and cooking.

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85-Unit Garden-Style Apartment Property

802 Kimberly Drive, Dekalb, IL 60115

$6,300,000

Three brick residential buildings offer varied floor plans near Northern Illinois University and local employment centers.

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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.

Multifamily properties

604 Grant Hwy, Marengo, IL 60152

Estimated value: by Request

49,680 sqft 2.42 AC lot

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Marengo, IL Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Marengo, IL on our real estate platform. These investment opportunities span a total of 49,680 square feet of properties for sale, with an estimated market value of $13,999,940.

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.

Neighborhood	Average Price
60152	$7M

Neighborhood

Average Price

60152

$7M