Three-Unit Ranch
For Sale
Contact for pricing
455 Park Drive, Marengo, IL 60152
Freestanding multifamily property with separately metered residences and attached garages, offering a mix of occupied and vacant units.
Property SizeContact for details
Days on Market54
Property Features for 455 Park Drive
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
MULTI
Net Operating Income
$45,777
Building Details
Year Built
1977
Listing Agency:
RE/MAX AT HOME
(847) 255-1970
Listed By:
Basel Tarabein · License #IL 471008459
Source:
Crexi
Added: Jul 9
Changed: Aug 29
Last Checked: Jul 23 at 2:34AM
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 RE/MAX AT HOME
Investment Insights
Based on property information with market context.
Built in 1977, this freestanding ranch-style triplex contains three residential units, each arranged with two bedrooms, one full bathroom, and an attached one-car garage. Two units are leased, while the remaining residence is vacant and available for renovation or occupancy. The property is zoned MULTI.
Each unit has its own electric meter, 200-amp electrical service, and electric heat. Residents pay their individual electricity and water costs, while garbage service is handled by ownership. The three-unit configuration provides an existing rental setup alongside a vacant unit that can be updated for continued rental use or personal occupancy.
Each unit has its own electric meter, 200-amp electrical service, and electric heat. Residents pay their individual electricity and water costs, while garbage service is handled by ownership. The three-unit configuration provides an existing rental setup alongside a vacant unit that can be updated for continued rental use or personal occupancy.
Key Highlights
- Three residential units, each with 2 bedrooms, 1 full bath, and an attached one‑car garage
- Two of the three units are leased; one unit is vacant
- Separate electric metering for each unit
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
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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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Freestanding multifamily property with separately metered residences and attached garages, offering a mix of occupied and vacant units.
Where is this triplex located?
The property is located at 455 Park Drive Marengo, IL.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: Three residential units, each with 2 bedrooms, 1 full bath, and an attached one‑car garage; Two of the three units are leased; one unit is vacant; Separate electric metering for each unit
