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    Marengo, IL
    Multifamily

    Marengo, IL Multifamily Properties for Sale

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    Union, IL Woodstock, IL Garden Prairie, IL Hampshire, IL Huntley, IL Lakewood, IL Genoa, IL Capron, IL
    48-Unit Apartment Complex
    Updated: Aug 3
    48-Unit Apartment Complex

    604-620 E Grant Highway, Marengo, IL 60152

    $6,999,970
    2.42 AC lot
    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
    85 paved parking spaces
    Composition roof installed in 2019; windows, patio doors, siding, gutters, and fascia updated in 2023
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    Ranch Multifamily Property
    Updated: Jul 17
    Ranch Multifamily Property

    455 Park Drive, Marengo, IL 60152

    $469,900
    0.24 AC lot
    1977 ranch‑style home with vinyl siding
    Electric heating and asphalt shingle roofing
    Public water and public sewer service
    Layout includes 6 bedrooms and 3 bathrooms
    Parking features include a garage and open parking
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    Two-Story Garden-Style Apartment Buildings
    Two-Story Garden-Style Apartment Buildings

    604-620 E Grant Hwy, Marengo, IL 60152

    $6,999,970
    49,680 sqft

    Fully occupied multifamily property with separate utility metering, recent exterior improvements, and on-site laundry facilities.

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    See what stands out in McHenry County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Three-Unit Ranch Triplex
    Three-Unit Ranch Triplex

    455 Park Drive, Marengo, IL 60152

    Contact for pricing

    Freestanding multifamily property with separately metered residences and attached garages, offering a mix of occupied and vacant units.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 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 1 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.

    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    616 S Jefferson Street, Woodstock, IL 60098

    $339,900
    0.14 AC lot

    Three residential units with one-bedroom layouts, garage parking, and additional on-site parking.

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    Residential Income Multifamily Property
    Residential Income Multifamily Property

    920 Wheeler Street, Woodstock, IL 60098

    $126,500

    For-sale multifamily residential income property at 920 Wheeler Street in Woodstock, IL.

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    New Single-Story Duplex Home
    New Single-Story Duplex Home

    12215 Barcroft Circle, Huntley, IL 60142

    $336,390

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

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    New Duplex in Huntley
    New Duplex in Huntley

    12235 Barcroft Circle, Huntley, IL 60142

    $336,390

    Single-story duplex with modern comfort near downtown Huntley.

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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.

    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

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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.

    604 Grant Hwy
    Multifamily properties

    604 Grant Hwy, Marengo, IL 60152

    Estimated value:
    by Request
    49,680 sqft 2.42 AC lot
    View details

    Marengo, IL Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Marengo, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 49,680 square feet of properties for sale, with an estimated market value of $14,469,840.

    Sale prices for multifamily properties in Marengo, IL start at $469,900, averaging $4,823,280, and reaching up to $6,999,970 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 3
    Triplexes 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) -2.8%
    Median Household Income $94,209
    College Educated 34.4%

    High-Yield Neighborhoods for Investment

    Identify Marengo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60152 $3.7M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McHenry County

    New Delisted

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