48-Unit Apartment
For Sale
$6,999,970
604-620 E Grant Highway, Marengo, IL 60152
MULTI_FAMILY - Marengo, IL
Property SizeContact for details
Lot Size2.42 Acres
Days on Market8
Property Features for 604-620 E Grant Highway
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
84
Bathrooms
48
Full bathrooms
48
Rooms
Bathroom 25, Bedroom 56, Bedroom 75, Bathroom 44, Bedroom 54, Bedroom 49, Bedroom 13, Bedroom 24, Bathroom 3, Bathroom 6, Bathroom 16, Bedroom 48, Bathroom 47, Bedroom 50, Bedroom 25, Bathroom 46, Bedroom 3, Bedroom 39, Bathroom 4, Bedroom 5, Bathroom 18, Bedroom 68, Bedroom 58, Bedroom 14, Bedroom 4, Bedroom 61, Bedroom 79, Bathroom 31, Bedroom 32, Bedroom 43, Bedroom 9, Bedroom 19, Bedroom 40, Bedroom 64, Bathroom 19, Bedroom 65, Bedroom 30, Bedroom 82, Bathroom 35, Bedroom 22, Bathroom 22, Bedroom 16, Bathroom 42, Bathroom 29, Bathroom 33, Bedroom 67, Bedroom 21, Bedroom 17, Bedroom 52, Bedroom 33, Bedroom 73, Bedroom 15, Bedroom 74, Bedroom 76, Bathroom 2, Bathroom 48, Bedroom 20, Bedroom 10, Bedroom 71, Bathroom 10, Bedroom 27, Bathroom 17, Bedroom 12, Bedroom 28, Bedroom 7, Bathroom 24, Bedroom 42, Bathroom 11, Bedroom 18, Bedroom 37, Bedroom 78, Bedroom 45, Bedroom 69, Bedroom 70, Bathroom 15, Bathroom 40, Bedroom 83, Bedroom 53, Bathroom 34, Bathroom 32, Bedroom 34, Bedroom 6, Bathroom 28, Bedroom 8, Bedroom 51, Bedroom 80, Bathroom 30, Bathroom 5, Bathroom 41, Bedroom 60, Bedroom 72, Bathroom 1, Bedroom 11, Bedroom 31, Bedroom 36, Bedroom 57, Bedroom 62, Bedroom 66, Bedroom 81, Bathroom 27, Bedroom 38, Bathroom 38, Bathroom 12, Bathroom 37, Bedroom 47, Bedroom 59, Bathroom 8, Bathroom 39, Bedroom 44, Bedroom 46, Bathroom 7, Bedroom 2, Bedroom 41, Bathroom 20, Bathroom 23, Bedroom 26, Bedroom 1, Bathroom 14, Bedroom 29, Bathroom 43, Bathroom 26, Bedroom 23, Bathroom 13, Bedroom 55, Bedroom 84, Bedroom 35, Bathroom 9, Bathroom 36, Bathroom 21, Bedroom 77, Bathroom 45, Bedroom 63
Directions
RT. 23 TO RT. 20
Subdivision
Harmony / Marengo
Standard status
Active
APN
1136327042
Lot size
2.42 Acres
Taxes and HOA fees
Tax Year
2022
Tax Annual Amount
56793
Utilities
Cooling system
Window Unit(s)
Amenities
in-closet washers and dryers
Building Details
Year built
1978
Floors in Building
2
Number of units
48
Building materials
Brick, Block
Roof type
Composition
Listing Agency:
RE/MAX At Home · RE/MAX International
(847) 255-1000
Listed By:
Basel Tarabein · License #IL 471008459
(847) 255-1000
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 10 at 2:06AM
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.
Investment Insights
Based on property information with market context.
This multifamily property comprises two garden-style, two-story apartment buildings with 48 units across a mix of 36 two-bedroom and 12 one-bedroom residences. Each apartment has separate utilities, and the two-bedroom units in Building 620 include in-closet washers and dryers. A separate one-story structure positioned between the buildings provides office and storage space. The property was built in 1978 and uses brick and block construction with window-unit cooling.
Located at 604-620 E Grant Highway in Marengo, Illinois, the property occupies 2.42 acres and includes 85 paved parking spaces. Capital improvements include a composition roof updated in 2019, along with windows and patio doors installed in 2023. The complex is zoned MULTI and is described as fully occupied.
Located at 604-620 E Grant Highway in Marengo, Illinois, the property occupies 2.42 acres and includes 85 paved parking spaces. Capital improvements include a composition roof updated in 2019, along with windows and patio doors installed in 2023. The complex is zoned MULTI and is described as fully occupied.
Key Highlights
- 48 units: 36 two‑bedroom apartments and 12 one‑bedroom apartments
- Two garden‑style, two‑story apartment buildings on 2.42 acres
- Separate utilities for every apartment
Property Analytics
Property Profile
Current Use
Lease Details
48
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
355
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two garden-style buildings provide separately metered apartments, with an onsite office, storage structure, and paved parking.
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 apartment buildings on 2.42 acres; Separate utilities for every apartment
