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722/724 W Grant Highway Marengo, IL $ 395,000
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$ 395,000 Get more info
722/724 W Grant Highway
$ 395,000
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722/724 W Grant Highway

Marengo, IL, 60152
$ 395,000
Bedrooms9 Baths4.0

Monthly Estimate*

$ 2,432

722/724 W Grant Highway, Marengo, IL 60152 - Image 1
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722/724 W Grant Highway, Marengo, IL 60152 - Image 8

Multi-Family Home for sale in Marengo, IL

for $395,000 with 9 bedrooms and 4 full baths. The lot size is 0.6.

LOCATION, LOCATION, LOCATION!! Situated on Grant Highway (Rt 20.) here is a 4 unit, income producing property. The rents ($3,075 monthly)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! Property being sold "AS IS" no exceptions.

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Multi-Family Active

Price

$ 395,000

Bedrooms

9

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,903

Style

Farmhouse

Lot Size

0.6

Town/City

Marengo

County/Region

McHenry

MLS | Web ID

12654421
Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Tenant's Rights
Roof Asphalt
Garage Spaces 4
Architectural Style Farmhouse
Construction Materials Aluminum Siding
Township Marengo
Tax Year 2025
Ownership Fee Simple
Additional Parcels Description 1135100074
County McHenry
Insurance Expense 1500
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 18
Status New
Directions Rt 20/23. W on Rt. 20 to property on north side (across from Napa east of Prairie Community Bank) Sign.
High School Marengo High School
City Marengo
High School District 154
MLS Area Harmony / Marengo
Elementary School Locust Elementary School
Tax Annual Amount 7903.28
Trash Expense 960
Water Sewer Expense 2400
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 165
Elementary School District 165
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Interior
Basement Cellar Partial
Total Bedrooms 9
Total Baths 4
Bedrooms Possible 9
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Carport Garage Yes Garage Owned Detached Assigned Unassigned Driveway Garage Faces Side Owned
Lot Features Level
Water Source Public
Total Parking 6
Foundation Details Stone
Lot Dimensions 125x208
Lot Size Acres 0.6
Waterfront Y/N N
Other Equipment CO Detectors
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* Excluded Features
List By
Century 21 New Heritage

Broker

sandybutc21@gmail.com

Email

Affordability Calculator

$3,091
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,432
Monthly Property Taxes
$659
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1540796 Elementary School
565110 Middle School
Marengo High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/27/2026$395,000 Listed Price

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722/724 W Grant Highway, Marengo, IL, 60152 is a Multi-Family Home for sale at $395,000 with a lot size of 0.6. 722/724 W Grant Highway has 9 bedrooms and 4.0 baths. The property's zip code is 60152 which is in Marengo, IL

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