Marengo, IL Residential income properties for sale

$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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$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 15 Potential Opportunities for your consideration. Besides 2 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.

Woodstock Multifamily Investment Opportunity

$269,900

0.21 Acres

Woodstock Multifamily Investment Opportunity

Two-unit property near Woodstock Square, ideal for investment.

612 Oak Street, Woodstock, IL 60098

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$399,000

4,000 SF

Refurbished Mixed-Use Property For Sale

Fully rented commercial space and two residential apartments for sale.

201 W Main Street, Genoa, IL 60135

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$425,000

Six-Unit Apartment Building For Sale

Six-unit apartment building with diverse unit mix and parking.

105 South Sycamore Street, Genoa, IL 60135

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$335,000

Up-Down Duplex with Private Garages

Well maintained duplex with separate decks and private garages, with recent major systems and shared property upkeep support.

855-857 Rhodes Street, Woodstock, IL 60098

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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.

$65,000

1.46 Acres

Union, IL Estate Lot

Gently rolling 1.46 acre estate lot in quiet country setting.

17405 Wildflower Circle, Union, IL 60180

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$59,000

1.05 Acres

Union, IL Acre Plus Homesite

Acre plus homesite in Belle Pointe subdivision, near Huntley.

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

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$775,000

1.00 Acre

Vacant Land Near Train Line

One-acre vacant land parcel near train line and downtown district.

200 East Judd Street, Woodstock, IL 60098

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$170,000

5.00 Acres

Lakewood, IL Homesite on Golf Course

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

7010 Fairway Drive lot: 8, Lakewood, IL 60014

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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.

Multifamily properties

49,680 SF Lot: 2.42 Acres

Value Estimation by Request

604 Grant Hwy, Marengo, IL 60152

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Land

Lot: 38.00 Acres

Value Estimation by Request

Forest St

0 Forest St, Marengo, IL 60152

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Land

Lot: 25.20 Acres

Value Estimation by Request

Grant Hwy & Church Rd

0 Grant Hwy & Church Rd, Marengo, IL 60152

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Farms

Lot: 9.95 Acres

Value Estimation by Request

19817 Bockman Rd, Marengo, IL 60152

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Land

Lot: 90.00 Acres

Value Estimation by Request

Church Rd & Grant Hwy

0 Church Rd & Grant Hwy, Marengo, IL 60152

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Marengo, IL Residential Income Properties Market Trends and Statistics

Explore 7 residential income properties 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 residential income properties 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.

Neighborhood	Average Price
60152	$395K

Neighborhood

Average Price

60152

$395K

Marengo, IL Residential Income Properties for Sale

722/724 W Grant Highway, Marengo, IL 60152

722/724 W Grant Highway, Marengo, IL 60152