Building Details

Year Built 1980

Buildings 1

Listing Agency: CENTURY 21 New Heritage

Listed By: Sandra Butenschoen · License #475081467 Show Phone

Source: Tumpanelegacy

Added: Oct 1 Changed: Oct 5 Last Checked: Oct 4 at 2:28PM

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Investment Insights

Based on property information with market context.

This 1980 duplex has brick and vinyl siding, a full unfinished basement, and separate utilities for each unit. The property was renovated 2 years ago, including interior paint, floor coverings, and a stainless steel stove, refrigerator, and dishwasher. Each unit has a laundry hookup; outdoor features include a concrete patio and an upper-level balcony. An oversized concrete driveway provides additional parking.

Both units are leased month to month. The property is within walking distance of a city park, main street shops, and restaurants.

Key Highlights

• Two units with separate utilities
• Renovated 2 years ago with new floor coverings, paint, and stainless steel kitchen appliances
• Full unfinished basement and two laundry hookups

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Auto Parts Store Electrical Service Daycare Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

363

Businesses Nearby

Explore this area Business Placement

Demographics for 60152, IL

12,382

Population

4,715

Households

2.6

Avg Household Size

42

Median Age

27%

College-Educated

94%

High-School Grad

95.4 sq mi

ZIP Area

130

Density / Sq Mi

$94,209

Median Household Income

$51,808

Median Earnings

$1,090

Median Rent

$259,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Two laundry hookups and outdoor space serve a two-unit property with month-to-month leases.

Where is this duplex located?

The property is located at 307 /309 N State St Marengo, IL.

What is the asking price?

The asking price for this property is $305,000.

What are key features of this property?

This property features: Two units with separate utilities; Renovated 2 years ago with new floor coverings, paint, and stainless steel kitchen appliances; Full unfinished basement and two laundry hookups