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    Marengo, IL Residential Income 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
    View details
    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
    View details
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 3 Active listings in Marengo, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Accessible 55+ Living Home
    $350,000
    1,580 SF

    Accessible 55+ Living Home

    Thoughtfully designed home for comfortable, convenient, and accessible 55+ living.

    841 Serene Trl, Woodstock, IL 60098
    View details
    Prime 41 Acre IL Hunting Land
    $629,100
    41.94 Acres

    Prime 41 Acre IL Hunting Land

    Recreational & Residential Land, Ideal Location.

    0 Us-14, Harvard, IL 60033
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    Prime 40-Acre IL Hunting/Residential Land
    $611,250
    40.75 Acres

    Prime 40-Acre IL Hunting/Residential Land

    Spacious acreage near Woodstock & Harvard. Ideal for home & recreation.

    0 Us-14, Harvard, IL 60033
    View details
    Woodstock Development Land
    $11,500,000
    184.88 Acres

    Woodstock Development Land

    185 Acres, Prime Location, High Traffic

    0 Rte 47 & Hercules Rd, Woodstock, IL 60098
    View details

    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.

    Marengo Land Ready For Development
    $240,000
    1.00 Acre

    Marengo Land Ready For Development

    Land approved for 14 multifamily units near I-90.

    176 And Ctr Dr -, Marengo, IL 60152
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    Residential Lot with Pond View
    $64,900
    0.50 Acres

    Residential Lot with Pond View

    0.51 acre residential lot with pond and golf course views.

    10006 Saint Andrews Dr, Marengo, IL 60152
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    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 Residential Income Properties Investment Opportunities Market Analysis

    Explore 4 residential income properties for sale in Marengo, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,894,677 square feet of properties for sale, with an estimated market value of $19,155,840.

    Prices for residential income properties in Marengo, IL start at $449,900, averaging $3,192,640, 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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    • 60152

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