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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 Hampshire, IL Huntley, IL Capron, IL Genoa, IL Harvard, IL
    10 properties
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    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 buildings on 2.42 acres
    100% occupied with separate utilities for each unit
    85 paved parking spaces
    Composition roof installed in 2019; windows, patio doors, siding, gutters, and fascia updated in 2023
    View details
    Duplex with Renovated Interiors
    Updated: Oct 20
    Duplex with Renovated Interiors

    479 Eisenhower Street, Marengo, IL 60152

    $405,000
    22.00 AC lot
    Two units, each with 3 bedrooms and 2 full bathrooms
    Remodeled kitchens include stainless steel appliances and soft‑close cabinetry
    Major improvements: roof, water heaters, subflooring, and radiators in 2021; decks rebuilt in 2022; asphalt driveway installed in 2025
    Separate, secure basement storage areas for each residence
    Laundry hookups in both units; upper unit has two walk‑in closets
    View details
    Two-Unit Duplex
    Two-Unit Duplex

    307/309 N State Street, Marengo, IL 60152

    $305,000
    2 units  1 building  Built 1980

    Each residence has separate utilities and its own laundry hookups.

    Concrete patio  Balcony  Laundry hookups
    View details
    See hot listings in Marengo

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Two-Story Garden-Style Apartment Buildings
    Two-Story Garden-Style Apartment Buildings

    604-620 E Grant Hwy, Marengo, IL 60152

    $6,999,970
    48 units  49,680 sqft  2 buildings  2-story  Built 1978  garden-style
    100% occupied

    Fully occupied multifamily property with separate utility metering, recent exterior improvements, and on-site laundry facilities.

    85 spaces  36 x 2BR  12 x 1BR  Laundry room
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    Triplex with Storage Building
    Triplex with Storage Building

    322/324 W. Washington Str W Washington Street, Marengo, IL 60152

    $405,000
    3 units  3,060 sqft  0.34 acres
    Road access

    The property includes two driveways, a detached storage building, and updates to several bathrooms and windows.

    View details
    Ranch Multifamily Property
    Ranch Multifamily Property

    Marengo, IL 60152

    $469,900
    Built 1977  0.24 acres

    Ranch-style multifamily property in Marengo, IL, zoned MULTI, on a 0.24-acre lot.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Two-Unit Duplex with Separate Utilities
    Two-Unit Duplex with Separate Utilities

    307/309 N State Street, Marengo, IL 60152

    $305,000
    2 units  Built 1980

    Independent utility service and laundry connections serve both residences.

    Utilities to site  Concrete patio  Balcony  Laundry hookups
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    Duplex with Detached Garage
    Duplex with Detached Garage

    324 Maple St, Marengo, IL 60152

    $460,000
    2 units

    A separate one-bedroom apartment complements the three-bedroom primary residence.

    2 spaces  1 x 3BR/2.1BA  1 x 1BR  Trex front porch  Concrete rear patio  Updated landscaping  Main-floor laundry
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    Duplex with Separate Utilities
    Duplex with Separate Utilities

    307 /309 N State St, Marengo, IL 60152

    $305,000
    2 units  1 building  Built 1980

    Two laundry hookups and outdoor space serve a two-unit property with month-to-month leases.

    View details
    Three-Unit Ranch Triplex
    Three-Unit Ranch Triplex

    455 Park Drive, Marengo, IL 60152

    Contact for pricing
    Built 1977

    Freestanding multifamily property with separately metered residences and attached garages, offering a mix of occupied and vacant units.

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    10 active listings match your search: Residential Income for sale in Marengo, IL. Based on your search, we've also compiled 13 Potential Opportunities for your consideration: 4 properties in nearby cities, 5 off-market properties to explore as potential leads, and 4 land listings with development potential.

    Opportunities in Nearby Cities

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

    Mixed-Use Property with Workshop
    Mixed-Use Property with Workshop

    782 Washington St, Woodstock, IL 60098

    $500,000
    3,336 sqft  0.75 acres  Built 1860  Multi-tenant
    Highway access + Road access

    Five apartments share the property with heated workspace, storage, and multiple garage areas.

    Utilities to site
    View details
    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    782 Washington Street, Woodstock, IL 60098

    $500,000
    0.67 acres  2 buildings  Built 1860
    Highway access + Road access

    The property combines multifamily housing with a heated office and workshop, storage space, and separate garages.

    Utilities to site  7 parking spaces
    View details
    New Single-Story Duplex Home
    New Single-Story Duplex Home

    12215 Barcroft Circle, Huntley, IL 60142

    $336,390
    Built 2025

    Two-bedroom duplex with study in amenity-rich Huntley community.

    View details
    New Duplex in Huntley
    New Duplex in Huntley

    12235 Barcroft Circle, Huntley, IL 60142

    $336,390
    Built 2025

    Single-story duplex with modern comfort near downtown Huntley.

    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.

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

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

    $59,000
    1.05 acres

    Acre plus homesite in Belle Pointe subdivision, near Huntley.

    View details
    Residential Land with Pond Views
    Residential Land with Pond Views

    944-964 Como Circle, Hampshire, IL 60140

    Contact for pricing

    Land zoned for six units with utilities and pond views.

    View details
    Genoa, IL Corner Lot
    Genoa, IL Corner Lot

    1311 Secretariat Drive lot: 30, Genoa, IL 60135

    $53,000
    0.4 acres

    Corner lot in Derby Line Estates subdivision, Genoa, IL.

    View details
    Residential Land in Burlington Hills
    Residential Land in Burlington Hills

    Shepard and Hillview Lane lot: 33 Burlington Hills, Hampshire, IL 60140

    $99,900
    2.03 acres

    2.03 acre lot to build your dream home.

    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

    Estimated value: by Request
    49,680 sqft 2.42 AC lot
    View details
    Grant Hwy & Church Rd
    Land

    0 Grant Hwy & Church Rd, Marengo, IL 60152

    Estimated value: by Request
    25.20 AC lot
    View details
    19817 Bockman Rd
    Farms

    19817 Bockman Rd, Marengo, IL 60152

    Estimated value: by Request
    9.95 AC lot
    View details
    Church Rd & Grant Hwy
    Land

    0 Church Rd & Grant Hwy, Marengo, IL 60152

    Estimated value: by Request
    90.00 AC lot
    View details

    Marengo, IL Residential Income Properties Market Trends and Statistics

    Explore 15 residential income properties for sale in Marengo, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 49,680 square feet of properties for sale, with an estimated market value of $16,654,840.

    Sale prices for residential investment properties in Marengo, IL start at $305,000, averaging $1,850,537, 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 11
    Duplexes 5
    Apartment buildings 3
    Triplexes 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 $1.9M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McHenry County

    New Delisted

    How Realmo verifies these figures

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