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Two-Unit Duplex with Separate Utilities
New
For Sale
$305,000

307/309 N State Street, Marengo, IL 60152

Independent utility service and laundry connections serve both residences.

Property SizeContact for details
Days on Market6

Property Features for 307/309 N State Street

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Residential Income
Zoning MULTI

Units

Multifamily Units 2
Individually Metered Utilities unspecified utilities

Additional Details

Utilities to Site Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $7,152

Amenities

concrete patio
balcony
laundry hookups
Balcony

Building Details

Year Built 1980
Listing Agency: CENTURY 21 New Heritage
Listed By: Sandra Butenschoen · License #475081467
Source: Gogginrealestate
Added: Oct 31 Last Checked: Nov 4 at 7:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 New Heritage

Rey
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Investment Insights

Based on property information with market context.

This 1980 duplex contains two residences with separate utility service and laundry hookups. A renovation completed 2 years ago included fresh paint, new floor coverings, and a stainless steel stove, refrigerator, and dishwasher. Room dimensions include a 13' x 18' living room, an 11' x 16' kitchen/eating area, and bedrooms measuring 13' x 13' and 11' x 11'. The full basement is unfinished. Brick and vinyl siding finish the exterior; outdoor spaces include a concrete patio at the lower unit and a balcony at the upper unit. An oversized concrete driveway provides additional parking. Both units are leased month to month.

The property is at 307/309 N State Street in Marengo, with a city park, main street shops, and restaurants within walking distance.

Key Highlights

  • Two residences with separate utilities and 2 laundry hookups
  • Renovation completed 2 years ago; new flooring, paint, stove, refrigerator, and dishwasher
  • Room dimensions: living room 13'x18', kitchen/eat‑in 11'x16', bedrooms 13'x13' and 11'x11'

Property Analytics

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby

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

Frequently Asked Questions

What type of property is this?
Duplex - Independent utility service and laundry connections serve both residences.
Where is this duplex located?
The property is located at 307/309 N State Street 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 residences with separate utilities and 2 laundry hookups; Renovation completed 2 years ago; new flooring, paint, stove, refrigerator, and dishwasher; Room dimensions: living room 13'x18', kitchen/eat‑in 11'x16', bedrooms 13'x13' and 11'x11'
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