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    Marengo, IL Quadplexes for Sale

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    Union, IL Garden Prairie, IL Hampshire, IL
    Income Property on Grant Highway
    $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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    Four-Unit Income Property
    $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 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.

    Sycamore Multifamily Investment Opportunity
    $575,000
    5,200 SF
    Sycamore Multifamily Investment Opportunity

    Well-maintained four-unit property with recent upgrades and strong rental potential.

    247-253 N Cross Street, Sycamore, IL 60178

    View details
    Well-Maintained Four-Unit Investment Property
    $575,000
    5,200 SF
    Well-Maintained Four-Unit Investment Property

    Low-maintenance, four-unit property with recent upgrades and strong rental demand.

    247-253 N Cross Street, Sycamore, IL 60178

    View details
    All-Brick Quadplex Investment Property
    $345,000
    All-Brick Quadplex Investment Property

    Fully rented four-unit property with updated interiors, hardwood floors, and on-site parking plus a two-car garage.

    1819 Logan Street, Rockford, IL 61103

    View details
    Multifamily Property with Four Units
    $350,000
    5,266 SF
    Multifamily Property with Four Units

    Four-unit multifamily property for sale.

    2123 Douglas St, Rockford, IL 61103

    View details

    Marengo, IL Quadplexes Market Trends and Statistics

    Explore 2 quadplexes 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 four-unit buildings 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 2
    Apartment buildings 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 $395K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McHenry County

    New Delisted

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