Marengo, IL 60152 455 Park Drive

$449,900

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Presented By: RE/MAX At Home
  • MLS# 12130299
  • 08/09/2024
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 3
  • SQFT • 3,000
  • Garage • 3

Home Details

**Fully Occupied Investment Property with Impressive Cash Flow!** This property generates $46,800 in annual gross rental income and is located in a prime area near a park. Each unit features two bedrooms, one bath, washer and dryer hookups, and an attached one-car garage. The units have electric heating and 200-amp service, with tenants responsible for electricity and water, while the owner covers garbage pickup. This property is eligible for FHA financing, allowing you to live in one unit while renting out the others. A fantastic investment opportunity with strong cash flow-schedule your showing today!
Presented By: RE/MAX At Home

Interior Features for 455 Park Drive

Bedrooms

Bedrooms Possible6
Total Bedrooms6

Bathrooms

Full Baths Building3
Half Baths Building
Total Baths3

Other Interior Features

BasementNone
Total Number of Units3

General for 455 Park Drive

Additional Parcels Y/NNo
Architectural StyleRanch
CityMarengo
Community FeaturesSidewalks, Street Lights, Street Paved
Construction MaterialsVinyl Siding
CountyMcHenry
DirectionsRoute US 20 South on Park
Electric Expense
Elementary SchoolLocust Elementary School
Elementary School District165
Fuel Expense
Garage Spaces3
Gross Income46800
HeatingElectric
High SchoolMarengo High School
High School District154
Insurance Expense1300
MLS AreaHarmony / Marengo
Middle/Junior High SchoolMarengo Community Middle School
Middle/Junior School District165
ModificationTimestamp2025-08-31T05:07:04.055Z
Net Operating Income40187
New ConstructionNo
Other StructuresNone
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameParkrise
Tax Annual Amount6613
Tax Year2022
Total Rooms12
TownshipMarengo
Trash Expense350
Water Sewer Expense0
Year Built1977
ZoningMULTI

Exterior for 455 Park Drive

Foundation DetailsConcrete Perimeter
Lot Dimensions79X134
Lot FeaturesCorner Lot, Cul-De-Sac
Lot Size Acres0.24
Model3 UNIT
Other EquipmentCeiling Fan(s)
Parking FeaturesGarage Door Opener, On Site, Garage Owned, Attached, Garage
Total Parking3
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Marengo High School
Middle School Marengo Community Middle School
Elementary School Locust Elementary School

Client Care

Price $449,900
MLS#12130299
List Date 08/09/2024
Property Type Multi-Family
Phone 847.485.2500
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Request Info
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