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    Marengo, IL Multifamily Properties for Sale

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    Marengo Multifamily Investment Opportunity
    $6,999,970
    2.42 Acres

    Marengo Multifamily Investment Opportunity

    604-620 E Grant Hwy, Marengo, IL 60152

    Fully occupied apartment complex with significant income growth potential.

    • Substantial income growth potential due to below‑market rents.
    • 48 units (36 two‑bedroom, 12 one‑bedroom) providing a diverse rental income stream.
    • Recent capital improvements: newer roof (2019) and new windows/patio doors (2023).
    • Excellent condo conversion opportunity.
    • Two‑bedroom units in Building 620 include in‑closet washers and dryers.
    Updated: Dec 10, 2025
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    Fully Occupied Investment Property
    $449,900
    0.24 Acres

    Fully Occupied Investment Property

    455 Park Dr, Marengo, IL 60152

    Investment property with impressive cash flow in prime location.

    • High annual gross rental income of $46,800.
    • Fully occupied, providing immediate cash flow.
    • Eligible for FHA financing, allowing owner occupancy.
    • Each unit includes washer and dryer hookups and a one‑car garage.
    • Tenants pay for electricity and water.
    Updated: Aug 25, 2025
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    SunnySide Apartments: Marengo, IL
    $6,999,970
    49,680 SF

    SunnySide Apartments: Marengo, IL

    48-Unit Apartment Complex, High ROI

    604 Grant Hwy, Marengo, IL 60152
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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Marengo, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Woodstock Income Property For Sale
    $825,000
    0.09 Acres

    Woodstock Income Property For Sale

    Eleven-unit income property in the heart of downtown Woodstock, Illinois.

    117 E Van Buren St, Woodstock, IL 60098
    View details
    Woodstock Investment Opportunity
    $299,900
    0.17 Acres

    Woodstock Investment Opportunity

    Two-unit property near downtown Woodstock with a four-car garage.

    912 Clay St, Woodstock, IL 60098
    View details
    New Duplex in Huntley
    $381,990

    New Duplex in Huntley

    Single-story duplex with modern comfort near downtown Huntley.

    12235 Barcroft Cir, Huntley, IL 60142
    View details
    New Single-Story Duplex Home
    $381,990

    New Single-Story Duplex Home

    Two-bedroom duplex with study in amenity-rich Huntley community.

    12215 Barcroft Cir, Huntley, IL 60142
    View details

    Explore Off-Market Properties in Marengo, IL

    Consider similar Off-Market properties in Marengo, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    604 Grant Hwy

    604 Grant Hwy

    Multifamily properties • 49,680 SF
    Value Estimation by Request
    604 Grant Hwy, Marengo, IL 60152
    View details

    Marengo, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 4 multifamily properties for sale in Marengo, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 221,285 square feet of properties for sale, with an estimated market value of $14,449,840.

    Prices for multifamily properties in Marengo, IL start at $449,900, averaging $4,816,613, and reaching up to $6,999,970 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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