604-620 E Grant Highway, Marengo IL 60152

$6,999,970

604-620 E Grant Highway, Marengo, IL 60152

bedrooms

bathrooms

square feet

49,680

Acreage

2.42

Open Houses

year built

1978

Full Baths

Half Baths

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**Incredible Investment Opportunity!** This fully occupied apartment complex features long-term tenants with current rents significantly below market value, offering substantial potential for income growth. Recent updates include a newer roof (2019) and brand-new windows and patio doors (2023). The property consists of two garden-style, two-story buildings totaling 48 units: 36 two-bedroom and 12 one-bedroom apartments, each with separate utilities. The two-bedroom units in Building 620 include in-closet washers and dryers. Additionally, there is a one-story structure between the buildings that serves as an office and storage space. With 85 paved parking spaces, this property is not only a strong rental investment but also presents an excellent condo conversion opportunity. Don't miss this chance to capitalize on a fantastic income-producing asset with significant growth potential!

Location
Subdivision	-
County	McHenry
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 12163819

Listing agent: Basel Tarabein #471008459

Listing broker: Tarabein Inc. D/Ba Re/Max At Home (847) 255-1000

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Last update: Tuesday, January 14 2025 at 11:07 p.m. EST

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