Marengo, IL 60152 722/724 W Grant Highway
$395,000



3 more



Presented By: CENTURY 21 New Heritage
Home Details
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.
Presented By: CENTURY 21 New Heritage
Interior Features for 722/724 W Grant Highway
Bedrooms
Bedrooms Possible9
Total Bedrooms9
Bathrooms
Full Baths Building4
Half Baths Building
Total Baths4
Other Interior Features
BasementCellar, Partial
Total Number of Units4
General for 722/724 W Grant Highway
Additional Parcels Description1135100074
Additional Parcels Y/NYes
Architectural StyleFarmhouse
CityMarengo
Construction MaterialsAluminum Siding
CountyMcHenry
DirectionsRt 20/23. W on Rt. 20 to property on north side (across from Napa, east of Prairie Community Bank) Sign.
Elementary SchoolLocust Elementary School
Elementary School District165
Garage Spaces4
HeatingNatural Gas, Forced Air
High SchoolMarengo High School
High School District154
Insurance Expense1500
MLS AreaHarmony / Marengo
Middle/Junior School District165
New ConstructionNo
OwnershipFee Simple
PossessionTenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount7903.28
Tax Year2025
Total Rooms18
TownshipMarengo
Trash Expense960
Water Sewer Expense2400
Exterior for 722/724 W Grant Highway
Foundation DetailsStone
Lot Dimensions125x208
Lot FeaturesLevel
Lot Size Acres0.6
Other EquipmentCO Detectors
Parking FeaturesCarport, Garage, Yes, Garage Owned, Detached, Assigned, Unassigned, Driveway, Garage Faces Side, Owned
Total Parking6
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Marengo High School
Middle School
N/A
Elementary School
Locust Elementary School
