Quadplex

Marengo, IL Quadplexes for Sale

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4-Unit Quadplex with Patio
Updated: May 26
4-Unit Quadplex with Patio

722/724 W Grant Highway, Marengo, IL 60152

$385,000
0.60 AC lot
4‑unit quadplex with separate electric bills
Approximately 0.6‑acre lot with 125 feet of frontage on W Grant Highway (Rt 20)
Public water and public sewer
Aluminum siding exterior with asphalt roof
Natural gas forced‑air heating
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Four-Unit Income Property
Updated: May 26
Four-Unit Income Property

722/724 W Grant Highway, Marengo, IL 60152

Contact for pricing
0.60 AC lot
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
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Marengo, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Fully Leased Historic Mixed-Use Building
Fully Leased Historic Mixed-Use Building

134 W State Street, Sycamore, IL 60178

$1,075,000
8,494 sqft

Mixed-use historic building with four residential units and two ground-floor commercial spaces, fully leased for ongoing occupancy.

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Four-Unit Residential Property
Four-Unit Residential Property

524 W Harrison Street, Belvidere, IL 61008

$275,000
1,785 sqft

The property includes basement access, off-street parking, and established tenant occupancy.

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Rented Four-Unit Residential Building
Rented Four-Unit Residential Building

1016 S Main Street, Belvidere, IL 61008

$180,000
2,374 sqft

Four fully rented units with separate electric meters and a two-car garage.

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Historic Brick Mixed-Use Building
Historic Brick Mixed-Use Building

134 W State Street, Sycamore, IL 60178

$1,075,000
0.15 AC lot

Historic brick mixed-use building with central air and two commercial spaces on the main level.

View details

Marengo, IL Quadplexes Market Trends and Statistics

Explore 2 quadplexes for sale in Marengo, IL on our real estate platform.

Sale prices for four-unit buildings in Marengo, IL average $385,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 3
Quadplexes 2

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 $385K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McHenry County

New Delisted

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