722/724 W Grant Highway, Marengo, IL 60152

Marengo
Local realty services provided by:Better Homes and Gardens Real Estate Connections
722/724 W Grant Highway,Marengo, IL 60152
$395,000
  • 9 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: sandra butenschoen
Office: century 21 new heritage
MLS#:12654421
Source:MLSNI

Price summary

  • Price:$395,000

About this home

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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Home facts

  • Listing ID #:12654421
  • Updated:May 28, 2026 at 11:46 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:18
  • Basement Description:Cellar, Partial

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Lot area:0.6 Acres
  • Architectural Style:Farmhouse
  • Foundation Description:Stone

Schools

  • High school:Marengo High School
  • Elementary school:Locust Elementary School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$395,000
  • Tax amount:$7,903 (2025)

Features and amenities

  • Amenities:CO Detectors

Parking

  • Total parking spaces:6
  • Parking description:Assigned, Carport, Detached Garage, Driveway, Garage, Unassigned
  • Garage:Yes
  • Garage spaces:4
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