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    Marengo, IL
    Residential Income

    Marengo, IL Residential Income Properties for Sale

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    Union, IL Woodstock, IL Garden Prairie, IL Huntley, IL Hampshire, IL Lakewood, IL Genoa, IL Harvard, 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 apartment buildings on 2.42 acres
    Separate utilities for every apartment
    Two‑bedroom units in Building 620 include in‑closet washers and dryers
    85 paved parking spaces plus a one‑story office and storage structure
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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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    4-Unit Quadplex with Patio
    4-Unit Quadplex with Patio

    722/724 W Grant Highway, Marengo, IL 60152

    $385,000
    0.60 AC lot

    4-unit quadplex on W Grant Highway (Rt 20) with a patio, public water and sewer, and separate electric bills.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    48-Unit Garden Apartment Complex
    48-Unit Garden Apartment Complex

    604-620 E Grant Highway, Marengo, IL 60152

    $6,999,970

    Two-story garden-style buildings provide separate utilities and a mix of one- and two-bedroom apartments.

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    Four-Unit Income Property
    Four-Unit Income Property

    722/724 W Grant Highway, Marengo, IL 60152

    Contact for pricing
    0.60 AC lot

    Four rental units on a sizable frontage parcel with separate electric billing, offered for sale as-is in a B2 area.

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 5 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 4 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 Triplex with Garage Parking
    Three-Unit Triplex with Garage Parking

    616 S Jefferson Street, Woodstock, IL 60098

    $339,900
    0.14 AC lot

    Woodstock triplex with three 1 bed, 1 bath units, two long-term tenants, and updates including roof, windows, furnaces, and water heater.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    616 S Jefferson Street, Woodstock, IL 60098

    $339,900

    Zoned MULTI with a two-car garage and established tenancy in two units.

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    Refurbished Mixed-Use Property For Sale
    Refurbished Mixed-Use Property For Sale

    201 W Main St, Genoa, IL 60135

    $399,000
    1,500 sqft

    Fully rented commercial space and two residential apartments for sale.

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    Mixed-Use Building with Storefront
    Mixed-Use Building with Storefront

    114 N Washington Street, Genoa, IL 60135

    $169,000

    First-floor commercial suites include a storefront, office space, and a rear overhead door.

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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.

    Union, IL Estate Lot
    Union, IL Estate Lot

    17405 Wildflower Circle, Union, IL 60180

    $65,000
    1.46 AC lot

    Gently rolling 1.46 acre estate lot in quiet country setting.

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    Union, IL Acre Plus Homesite
    Union, IL Acre Plus Homesite

    9601 MELS Way lot: #17, Union, IL 60180

    $59,000
    1.05 AC lot

    Acre plus homesite in Belle Pointe subdivision, near Huntley.

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    Lakewood, IL Homesite on Golf Course
    Lakewood, IL Homesite on Golf Course

    7010 Fairway Drive lot: 8, Lakewood, IL 60014

    $170,000
    5.00 AC lot

    5-acre homesite on Turnberry Golf Course in Lakewood, Illinois.

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    Residential Land with Pond Views
    Residential Land with Pond Views

    944-964 Como Circle, Hampshire, IL 60140

    $100,000

    Land zoned for six units with utilities and pond views.

    View details

    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

    Value Estimation by Request
    49,680 sqft 2.42 AC lot
    View details
    Forest St
    Land

    0 Forest St, Marengo, IL 60152

    Value Estimation by Request
    38.00 AC lot
    View details
    Grant Hwy & Church Rd
    Land

    0 Grant Hwy & Church Rd, Marengo, IL 60152

    Value Estimation by Request
    25.20 AC lot
    View details
    19817 Bockman Rd
    Farms

    19817 Bockman Rd, Marengo, IL 60152

    Value Estimation by Request
    9.95 AC lot
    View details
    Church Rd & Grant Hwy
    Land

    0 Church Rd & Grant Hwy, Marengo, IL 60152

    Value Estimation by Request
    90.00 AC lot
    View details

    Marengo, IL Residential Income Properties Market Trends and Statistics

    Explore 10 residential income properties for sale in Marengo, IL, showcased through 5 active listings on our real estate platform.

    Sale prices for residential income properties in Marengo, IL start at $385,000, averaging $3,713,710, 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

    Multifamily properties 6
    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 $427.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McHenry County

    New Delisted

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