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722/724 W Grant Highway, Marengo, IL 60152

Marengo
Local realty services provided by:CENTURY 21 New Heritage
722/724 W Grant Highway,Marengo, IL 60152
$395,000
  • 9 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:
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:June 18, 2026 at 10:54 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
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Lisa Rossow

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