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Ranch Multifamily Property
For Sale
$469,900

Marengo, IL 60152, Marengo, IL 60152

Residential Income, Marengo, IL

Property SizeContact for details
Lot Size0.24 Acres
Days on Market88

Property Features

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning MULTI
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 1, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 6, Bedroom 5, Bathroom 1
Parking 3
Parking features Open, Garage
Patio and Porch features Deck
Lot features Corner Lot, Cul-De-Sac
Elementary school Locust Elementary School
Middle school Marengo Community Middle School
High school Marengo High School
Elementary school district 165
Middle school district 165
High school district 154
Subdivision Parkrise
Standard status Active
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 6613

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Water source Public

Building Details

Year built 1977
Building materials Vinyl Siding
Roof type Asphalt
Architectural style Ranch
Listing Agency: RE/MAX At Home · RE/MAX International
Listed By: Basel Tarabein · License #IL 471008459
Added: Jul 17 Changed: Oct 10 Last Checked: Oct 12 at 3:06AM
MLS# 12697677

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 ranch-style multifamily property is listed for sale and categorized as residential income/other multifamily housing. The property is zoned MULTI, supporting multifamily use.

Located at 455 Park Drive in Marengo, Illinois (McHenry County), the site sits on approximately 0.24 acres. The available information does not specify unit count, building size, or interior features, but the zoning and multifamily classification provide a clear foundation for investors or owner-operators evaluating residential income potential.

Key Highlights

  • 1977 ranch‑style home with vinyl siding
  • Electric heating and asphalt shingle roofing
  • Public water and public sewer service

Property Analytics

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Current Use

Multifamily properties

Location Intelligence

Trade Area within ½ mile

18
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Ranch-style multifamily property in Marengo, IL, zoned MULTI, on a 0.24-acre lot.
Where is this multifamily property located?
The property is located at 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: 1977 ranch‑style home with vinyl siding; Electric heating and asphalt shingle roofing; Public water and public sewer service
More about this property
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