722/724 W Grant Highway
Marengo, IL 60152
9
Bed
4
Bath
0.60Acre(Lot)
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.
Property Details
Map
Map
Features
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Bedroom Information
Total Bedroom: 9Bathroom Information
Total Baths: 4Room Information
Rooms Total: 18Interior Features
Roof: AsphaltRoofing Information
Asphalt -
Flooring Information
Construction Materials: Aluminum Siding -
Heating & Cooling
Heating: Natural Gas, Forced Air WaterSource: Public
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Lot Information
Lot Dimensions: 125x208 Lot Description: Level Lot Acres: 0.6 Lot Size: .50-.99 AcreProperty Information
Property Type: Residential Income Style: Farmhouse Sub Type: Two to Four Units
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Listing Price Information
Original List Price:$395000
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Tax Information
Annual Tax: $7903.28 Tax Year: 2025 Parcel Number: 1135251017 Tax Exemption: None
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Parking Information
Total Parking: 6 Carport, Garage, Yes, Garage Owned, Detached, Assigned, Unassigned, Driveway, Garage Faces Side, Owned Is Parking Included in Price: YesGarage Information
Garage Space: 4
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School Information
Elementary School: Locust Elementary School Senior High School: Marengo High School -
Utility Information
Sewer: Public Sewer Water Source: Public -
Location Information
City: Marengo Direction: Rt 20/23. W on Rt. 20 to property on north side (across from Napa, east of Prairie Community Bank) Sign.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 790 Cascade Drive, Marengo, IL, 60152 | $369,900 | 4 | 2 | 1,740 | 1,740 SqFt |
| 701 Woodbine Lane, Marengo, IL, 60152 | $314,900 | 3 | 2 | 1,600 | 1,600 SqFt |
| 222 N Taylor Street, Marengo, IL, 60152 | $185,000 | 4 | 1 | 1,250 | 1,250 SqFt |
| 704 W Grant Highway, Marengo, IL, 60152 | $195,999 | 2 | 1 | 1,100 | 1,100 SqFt |
| 720 Ridge Drive, Marengo, IL, 60152 | $437,000 | 4 | 3 | 3,076 | 3,076 SqFt |
| 579 Kennedy Street, Marengo, IL, 60152 | $415,000 | 5 | 5 | 3,000 | 3,000 SqFt |
| 415 N Taylor Street, Marengo, IL, 60152 | $249,900 | 4 | 2 | 1,755 | 1,755 SqFt |
| 1210 Stonegate Drive, Marengo, IL, 60152 | $780,000 | 2 | 2 | 3,800 | 3,800 SqFt |
| 10945 Jani Lane, Marengo, IL, 60152 | $500,000 | 3 | 3 | 2,259 | 2,259 SqFt |
| 811 Whitetail Drive, Marengo, IL, 60152 | $388,500 | 4 | 2 | 1,740 | 1,740 SqFt |
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ByOwner last updated this listing 06/25/2026 @ 06:20
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