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604-620 E Grant Hwy Marengo, IL 60152

Sponsored
For Sale
$6,999,970

MULTI_FAMILY - Marengo, IL

Lot size:
2.42 Acres
Days on Market:
28
Last Refresh:
Jan 6 at 4:06 pm

Property Features for 604-620 E Grant Hwy

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Zoning
MULTI
Rooms
Bathroom 38, Bathroom 26, Bedroom 69, Bathroom 6, Bathroom 22, Bedroom 39, Bathroom 8, Bedroom 54, Bathroom 11, Bedroom 79, Bedroom 71, Bedroom 62, Bedroom 42, Bedroom 36, Bedroom 35, Bathroom 9, Bathroom 40, Bedroom 13, Bathroom 41, Bathroom 43, Bathroom 30, Bedroom 25, Bedroom 40, Bathroom 3, Bedroom 8, Bedroom 10, Bathroom 21, Bathroom 44, Bedroom 55, Bedroom 48, Bathroom 32, Bedroom 44, Bathroom 37, Bathroom 36, Bedroom 15, Bathroom 5, Bedroom 63, Bathroom 13, Bathroom 2, Bathroom 29, Bedroom 81, Bedroom 57, Bedroom 11, Bathroom 15, Bedroom 31, Bedroom 45, Bedroom 61, Bedroom 67, Bedroom 52, Bedroom 14, Bedroom 19, Bedroom 51, Bathroom 12, Bedroom 65, Bedroom 83, Bedroom 59, Bedroom 22, Bathroom 25, Bedroom 5, Bedroom 76, Bedroom 74, Bedroom 58, Bedroom 34, Bathroom 48, Bedroom 3, Bathroom 39, Bedroom 53, Bedroom 70, Bathroom 19, Bedroom 33, Bedroom 80, Bathroom 24, Bedroom 78, Bedroom 29, Bathroom 16, Bedroom 12, Bedroom 6, Bedroom 4, Bedroom 84, Bathroom 18, Bedroom 1, Bathroom 33, Bathroom 28, Bathroom 34, Bedroom 26, Bedroom 20, Bedroom 77, Bathroom 14, Bathroom 42, Bathroom 47, Bathroom 23, Bedroom 47, Bedroom 16, Bedroom 23, Bedroom 66, Bedroom 73, Bedroom 18, Bathroom 20, Bedroom 75, Bedroom 56, Bathroom 10, Bathroom 27, Bedroom 30, Bedroom 7, Bedroom 17, Bedroom 32, Bedroom 21, Bedroom 82, Bathroom 31, Bedroom 43, Bathroom 17, Bedroom 68, Bedroom 50, Bathroom 46, Bedroom 64, Bedroom 60, Bedroom 9, Bedroom 46, Bathroom 4, Bedroom 28, Bedroom 49, Bedroom 24, Bedroom 27, Bathroom 1, Bathroom 7, Bedroom 38, Bedroom 37, Bathroom 45, Bedroom 41, Bedroom 2, Bedroom 72, Bathroom 35
Bedrooms
84
APN
1136327042
Lot size
2.42 Acres

Utilities

Cooling system
Window Unit(s)

Building Details

Year built
1978
Floors in Building
2
Number of units
48
Building materials
Brick, Block
Roof type
Composition

TARABEIN INC. D/BA RE/MAX AT HOME (847) 255-1000 [email protected]

Listing agent Basel Tarabein (847) 255-1970

Listing date Dec 10, 2025

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Marengo Multifamily Investment Opportunity

This fully occupied apartment complex presents an investment opportunity with potential for income growth due to below-market rents. The property comprises two two-story, garden-style buildings totaling 48 units. There are 36 two-bedroom apartments and 12 one-bedroom apartments, each with separate utilities. Select two-bedroom units in Building 620 feature in-closet washers and dryers. A one-story structure situated between the buildings provides office and storage space. The property includes 85 paved parking spaces. Recent updates include a newer roof installed in 2019, along with new windows and patio doors installed in 2023. The property, situated on 2.42 acres, is zoned MULTI and presents a condo conversion opportunity. It is located in Marengo, Illinois, in McHenry County.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Marengo
County
McHenry
State
Illinois
Longitude
-88.6008731
Latitude
42.246138

FAQs

What type of property is this?
Apartment building - Fully occupied apartment complex with significant income growth potential.
Where is this apartment building located?
The property is located at 604-620 E Grant Hwy Marengo, IL.
What is the asking price?
The asking price for this property is $6,999,970.
What are key features of this property?
This property features: - 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).
More about this property
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