48-Unit Apartment
604-620 E Grant Highway, Marengo, IL 60152
For Sale
$6,999,970
Commercial Sale, Marengo, IL
Property SizeContact for details
Lot Size2.42 Acres
Days on Market99
Property Features for 604-620 E Grant Highway
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Cooling system
Amenities
laundry room
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Buildings
Listing Agency:
RE/MAX At Home · RE/MAX International
Listed By:
Basel Tarabein · License #IL 471008459
(847) 255-1000
Added: Aug 3
Changed: Oct 23
Last Checked: Nov 9 at 4:06AM
MLS# 12443014
Copyright © 2026 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.
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This 48-unit multifamily property comprises two garden-style, two-story buildings at 604-620 E Grant Highway in Marengo. The unit mix includes 36 two-bedroom apartments and 12 one-bedroom apartments, with separate utilities serving each residence. The buildings were constructed in 1978 and use brick and block construction with window-unit cooling.
Recent capital work includes a composition roof installed in 2019, new windows, patio doors, siding, gutters, and fascia completed in 2023, plus new front entrance doors scheduled for 2026. The remodeled laundry room can accommodate six washers and six dryers; no laundry revenue is currently included. The property occupies 2.42 acres and provides 85 paved parking spaces. All units are currently occupied.
Recent capital work includes a composition roof installed in 2019, new windows, patio doors, siding, gutters, and fascia completed in 2023, plus new front entrance doors scheduled for 2026. The remodeled laundry room can accommodate six washers and six dryers; no laundry revenue is currently included. The property occupies 2.42 acres and provides 85 paved parking spaces. All units are currently occupied.
Key Highlights
- 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
Property Analytics
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Lease Details
48
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
389
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Two garden-style buildings provide a fully occupied multifamily asset with separate utility metering and updated exterior components.
Where is this apartment building located?
The property is located at 604-620 E Grant Highway 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: 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
