Marengo, IL Multifamily properties for sale

$395,000

0.60 Acres

Income Property on Grant Highway

722/724 W Grant Highway, Marengo, IL 60152

Four-unit income property with development potential on 0.6 acres.

4‑unit income‑producing property on Grant Highway (Rt 20)
Rents total $3,075 per month, with separate electric bills for the units
0.6‑acre lot with 125' frontage on Rt 20, located in immediate B2 vicinity
Additional adjacent parcel available: 704 W. Grant (.55 acres) for a combined 1.1 acres
Utilities: public water and public sewer; heating is natural gas forced air

Updated: May 26

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$395,000

0.60 Acres

Four-Unit Income Property

722/724 W Grant Highway, Marengo, IL 60152

Four rental units on a sizable frontage parcel with separate electric billing, offered for sale as-is in a B2 area.

4‑unit, income‑producing rental property on Grant Highway (Rt 20)
Rents total $3,075 monthly, with separate electric billing for each unit
0.6‑acre lot with 125' frontage on Rt 20 in immediate B2 area
Potential to adjust rents to add approximately $300–$400 monthly, per remarks
Adjoining property at 704 W. Grant (0.55 acres) also for sale—buy both for 1.1 acres on Rt 20

Updated: May 26

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Woodstock Multifamily Investment Opportunity

$269,900

0.21 Acres

Woodstock Multifamily Investment Opportunity

Two-unit property near Woodstock Square, ideal for investment.

612 Oak Street, Woodstock, IL 60098

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$385,000

Woodstock Duplex with Long-Term Tenants

All-brick duplex in Woodstock with separately metered utilities.

860-868 Carol Avenue, Woodstock, IL 60098

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$399,000

4,000 SF

Refurbished Mixed-Use Property For Sale

Fully rented commercial space and two residential apartments for sale.

201 W Main Street, Genoa, IL 60135

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$425,000

Six-Unit Apartment Building For Sale

Six-unit apartment building with diverse unit mix and parking.

105 South Sycamore Street, Genoa, IL 60135

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Contact for pricing

0.12 Acres

Land For Sale, Lakemoor, IL

Commercial land available in Lakemoor, Illinois.

27 Oyster Bay, Lakemoor, IL 60051

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Contact for pricing

0.12 Acres

Vacant Lot in Gated Community

Vacant lot in gated community with many amenities for seasonal living.

2795 E 28th Lot 1205 Road, Seneca, IL 61360

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Contact for pricing

3.20 Acres

University Park Developable Land

3.2 acres with 24 concrete housing pads in University Park.

976 Mesa Court, University Park, IL 60484

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$67,999

Land For Sale

Land available in Mason County.

4993 E Wetland Trail, Custer, MI 49405

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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.

Multifamily properties

49,680 SF Lot: 2.42 Acres

Value Estimation by Request

604 Grant Hwy, Marengo, IL 60152

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Marengo, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 3 multifamily properties for sale in Marengo, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $790,000.

Sale prices for multifamily properties in Marengo, IL start at $395,000, averaging $395,000, and reaching up to $395,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
60152	$395K

Neighborhood

Average Price

60152

$395K

Marengo, IL Multifamily Properties for Sale

722/724 W Grant Highway, Marengo, IL 60152

722/724 W Grant Highway, Marengo, IL 60152