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

Description

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.

  • Listing Courtesy of: CENTURY 21 New Heritage

Details

Updated on June 28, 2026 at 3:03 pm
  • Property ID MRD12654421
  • Price $395,000
  • Land Area 0.6 Acres
  • Bedrooms 9
  • Garages 4
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 6
  • Parcel Number 1135251017
  • Water Source Public
  • Sewer Public Sewer
  • Architectural Style Farmhouse
  • MLS Status Active
  • Days On Market 33
  • Living Area 0.6
  • Cumulative Days On Market 8
  • Tax Annual Amount 7903.28
  • Heating Natural Gas,Forced Air
  • Parking Features Carport,Garage,Yes,Garage Owned,Detached,Assigned,Unassigned,Driveway,Garage Faces Side,Owned
  • Directions Rt 20/23. W on Rt. 20 to property on north side (across from Napa, east of Prairie Community Bank) Sign.

Address

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  • Address 722/724 W Grant Highway
  • City Marengo
  • State/county IL
  • Zip/Postal Code 60152
  • Country United States

Overview

Property ID: MRD12654421
  • Multi Family
  • Property Type
  • 9
  • Bedrooms
  • 4
  • Garages

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