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Listed by Sandra Butenschoenof CENTURY 21 New Heritage
$ 395,000
Est. payment /mo
New
722/724 W Grant Highway Marengo, IL 60152
9 Beds
0.6 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12654421
Style Farmhouse
Bedrooms 9
Annual Tax Amount $7,903
Tax Year 2025
Lot Size 0.600 Acres
Lot Dimensions 125x208
Property Sub-Type Two to Four Units
Property Description
LOCATION, LOCATION, LOCATION!! Situated on Grant Highway (Rt 20.) here is a 4 unit, income producing property. The rents are below the present going rates, and could be adjusted, bringing in additional income in the range of $300-$400 easily. Separate electric bills. The .6 of an acre has 125' frontage which encourages future development as it is in immediate B2 vicinity...all kinds of possible usages...as an added enticement, the adjoining property 704 W. Grant is also for sale...that parcel is .55 acres. Purchase both and have 1.1 acre on Rt 20 ... investors, give it some thought!
Location
State IL
County Mchenry
Rooms
Basement Cellar, Partial
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 4.0
View Y/N true
Roof Type Asphalt
Building
Lot Description Level
Foundation Stone
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding
New Construction false
Schools
Elementary Schools Locust Elementary School
High Schools Marengo High School
School District 165, 165, 154
Others
Ownership Fee Simple
Special Listing Condition None
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