Courtesy of RE/MAX At Home

604-620 E Grant Highway

Marengo, IL, 60152

$5,499,900

$110 per ft²
$5,499,900
$110 per ft²
Active
Active
 - For Sale
carpenters-square
49,680 ft²
property_type
Commercial
calendar
Built 1978
FULLY OCCUPIED APARTMENT COMPLEX WITH LONG TERM TENANTS.THE CURRENT RENT IS WELL BELOW MARKET VALUE AND THE OPPORTUNITY TO INCREASE INCOME IS HUGE. NEWER ROOF, SOME NEW WINDOWS & PATIO DOORS. MANY UNITS HAS BEEN UPDATED. ALSO, IT IS A GREAT OPPORTUNITY TO DO A CONDO CONVERSION $$. TWO SEPARATE BUILDINGS WITH TWO-STORY EACH. TOTAL OF 48 UNITS GARDEN STYLE APARTMENTS: 36- TWO BEDROOM & 12 -1BEDROOM UNITS. ALL HAS SEPARATE UTILITIES! THE 2 BR. UNITS IN BUILDING 620 HAVE THEIR OWN IN- CLOSET WASHER & DRYER. A SEPARATE ONE STORY STRUCTURE BETWEEN THE TWO BUILDING SERVES AS THE OFFICE/STORAGE. TWO 24-UNIT BUILDINGS WITH A PAVED PARKING SPACES. FOR 85 CARS. FANTASTIC INCOME OPPORTUNITY WITH THE POTENTIAL TO GROW!!.
MLS® ID:
11277016
Listed:
11/25/21
Updated:
8/16/22
Compass
Kim Keefe's Team Open Doors

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Individual, Window Unit(s)

Exterior/Building Features

Lot Size
2.42 acres lot
Roof
Composition

Other Property Details

Area Name
Harmony / Marengo
Taxes
$50295
Tax Frequency
per YEAR
Garage
No
Parking
N
Parking Total
86.0
View
N
County
Mc Henry
Pool
No
Total Stories
2
Zoning
MULTI

 

Courtesy of RE/MAX At Home

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Kim Keefe's Team Open Doors are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 8/16/22. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2022 Listings Courtest of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 9:09 PM UTC, 8/16/22

 

 

Compass
Kim Keefe's Team Open Doors
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