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    Marengo, IL Residential Income Properties for Sale

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    SunnySide Apartments: Marengo, IL
    $6,999,970
    49,680 SF

    SunnySide Apartments: Marengo, IL

    604 Grant Hwy, Marengo, IL 60152

    48-Unit Apartment Complex, High ROI

    • 48‑unit multifamily complex in Marengo, IL, on a 2.42‑acre lot.
    • Recently renovated (2023) Class B property with new roof (2019), windows, and patio doors.
    • 100% occupancy, generating $560,700 NOI and an 8.01% cap rate.
    • Asking price: $6,999,970 ($145,832.71 per unit, $140.90 per square foot).
    • Significant upside potential due to below‑market rents and potential condo conversion.
    Updated: Dec 11, 2024
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    Prime Marengo Development Land
    $2,250,000
    90.00 Acres

    Prime Marengo Development Land

    0 Church Rd & Grant Hwy, Marengo, IL 60152

    90 Acres E-1 Zoned Residential Land

    • 90‑acre development opportunity in Marengo, IL, zoned E‑1.
    • Two sections: 38‑acre wooded east side with pond and hilltop views, ideal for residential; 52‑acre flat west side perfect for subdivision.
    • Asking price: $2,250,000 ($950,000 east, $1,300,000 west).
    • Located on Grant Highway (Route 20), access via Church Road and Cornerstone Way.
    • Unincorporated Marengo, zip code 60152. Acreage approximate.
    Updated: Dec 11, 2024
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    Marengo Development Land
    $1,286,000
    25.20 Acres

    Marengo Development Land

    25 Acres, B-3 Zoned, Prime Location

    0 Grant Hwy & Church Rd, Marengo, IL 60152
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    Prime Marengo Development Land
    $1,170,000
    38.00 Acres

    Prime Marengo Development Land

    38 Acres, R-1 Zoning, Excellent Location

    0 Forest St, Marengo, IL 60152
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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 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

    Explore Opportunities in Nearby Cities

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

    Accessible 55+ Living Home
    Contact for pricing
    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
    Talamore Townhouse with Modern Amenities
    Contact for pricing
    1,577 SF

    Talamore Townhouse with Modern Amenities

    Three-bedroom townhouse in Talamore subdivision with clubhouse and pool.

    9989 Cummings St, Huntley, IL 60142
    View details
    New Duplex in Huntley
    Contact for pricing

    New Duplex in Huntley

    Single-story duplex with modern comfort near downtown Huntley.

    12235 Barcroft Cir, Huntley, IL 60142
    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

    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.

    Grant Hwy & Church Rd

    Grant Hwy & Church Rd

    Land • 25.20 Acres
    Value Estimation by Request
    0 Grant Hwy & Church Rd, Marengo, IL 60152
    View details
    604 Grant Hwy

    604 Grant Hwy

    Multifamily properties • 49,680 SF
    Value Estimation by Request
    604 Grant Hwy, Marengo, IL 60152
    View details
    Forest St

    Forest St

    Land • 38.00 Acres
    Value Estimation by Request
    0 Forest St, Marengo, IL 60152
    View details
    19817 Bockman Rd

    19817 Bockman Rd

    Farms • 9.95 Acres
    Value Estimation by Request
    19817 Bockman Rd, Marengo, IL 60152
    View details
    Church Rd & Grant Hwy

    Church Rd & Grant Hwy

    Land • 90.00 Acres
    Value Estimation by Request
    0 Church Rd & Grant Hwy, Marengo, IL 60152
    View details

    Marengo, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 9 residential income properties for sale in Marengo, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 6,778,807 square feet of properties for sale, with an estimated market value of $11,705,970.

    Sale prices for residential income properties in Marengo, IL start at $1,170,000, averaging $2,926,492, 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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