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Olga Vega

olga@legacyrealtygroupllc.com +1(219) 588-9494

Listed by Basel Tarabeinof RE/MAX At Home

Est. payment -/mo

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455 Park DR Marengo, IL 60152

6 Beds

10,454 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

Subdivision Parkrise

MLS Listing ID 12697677

Style Ranch

Bedrooms 6

Year Built 1977

Annual Tax Amount $6,613

Tax Year 2023

Lot Size 10,454 Sqft

Lot Dimensions 79X134

Property Sub-Type Two to Four Units

Property Description

Outstanding investment opportunity! This free-standing ranch-style triplex offers three spacious units, each featuring 2 bedrooms, 1 full bath, and an attached one-car garage. Two of the three units are currently leased, generating monthly rental income. The third unit is vacant and ready for your personal finishing touches and updates. Once renovated, the property has an excellent rental potential annually, making it an exceptional income-producing asset. Looking for an owner-occupied investment? This property is the perfect fit. Renovate the vacant unit, move in, and enjoy the benefits of owner-occupied financing while the rental income from the other two units helps long term. Each unit is separately metered with 200-amp electrical service and electric heat. Tenants pay their own electricity and water, while the owner is responsible only for garbage service, helping to keep operating expenses low and maximizing cash flow. Whether you're an experienced investor seeking strong cash-on-cash returns or a buyer looking to build long-term wealth through real estate, this property offers tremendous upside and outstanding potential. Opportunities like this are hard to find. Schedule your private showing today!

Location

State IL

County Mchenry

Community Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement None

Interior

Heating Electric

Fireplace N

Exterior

Garage Spaces 3.0

View Y/N true

Roof Type Asphalt

Building

Lot Description Corner Lot, Cul-De-Sac

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Locust Elementary School

Middle Schools Marengo Community Middle School

High Schools Marengo High School

School District 165, 165, 154

Others

Ownership Fee Simple

Special Listing Condition None

Olga Vega

Managing Broker | License ID: RB14047917

+1(219) 588-9494

Olga Vega

455 Park DR Marengo, IL 60152

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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455 Park DR

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