Closed

$3,250,000

Favorite

63,850

square ft

604 E Grant Hwy.

MARENGO, Illinois 60152

Closed / MLS #6167242 / Multiple Family / Marengo

Listing information updated 4/25/2024 at 10:12pm

48 Unit Garden Style apartment complex located in Marengo. 100% leased. Tenant heated with separate utilities. Potential condo-conversion offered at an 8% cap rate. 2-24 unit buildings one of which is less than 10 years old. 36 (2 bed) units and 12 (1 bed) units. Back-up package available.

Full Features

Exterior Type:

Brick,Block

Square Feet:

63,850

Acreage:

2.42

Parking Spaces:

Cooling System:

Central Individual

Current Use:

Residential-Multi-Family

Potential Use:

Residential-Multi-Family

Zoning:

R-4

Building Square Feet:

63,850

Current Net Income:

$251,345

Unit 1:

5 room(s) / 2 bed(s) / 0 bath(s)

Unit 2:

4 room(s) / 1 bed(s) / 0 bath(s)

Taxes & Assessments

Tax Amount:

$38,632

Tax Year:

N/A

Location

Zip Code:

60152

City:

Marengo

County:

Mc Henry

Listing Office: Berkshire Hathaway HomeServices Starck Real Estate

Listing Office Phone: 815.338.3850

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 4/25/2024 at 10:12pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Marengo, IL

A friendly community with a booming manufacturing and business industry, the city of Marengo has experienced continual growth over the past 20 years. Marengo is committed to historical preservation, with several buildings designated as historical landmarks. Homes in the area showcase Greek Reviv...

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$301,125

Average Sale Price

151

Average Days On The Market

96%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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604 E Grant Hwy. is a multiple family which sold for $3,250,000. This multiple family has been listed on @properties since June 6th, 2006.