Sold: Mar 31, 2023
Address
110-116 E Prairie Street, Marengo, IL
Price
$ 640,000
Property Attributes
- MLS#11721308
- TypeMulti-Family
- CountyMC HENRY
- CityMarengo
- Zip60152
- Style
- Price$ 640,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size7,841 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
High cash flow, multi-family investment opportunity in Marengo, IL. This ten (10) unit apartment building offers a strong rental history and low maintenance investment. Currently self-managed, this apartment building consistently returns 100% occupancy. The brick & block building is very low maintenance and requires very little management. All utilities are separate and the landlord only pays RE Taxes & water. Tenants pay the electric - there is no natural gas utilized in the property. Situated in downtown Marengo, the building is within walking distance to restaurants, banks, bars and other conveniences. There is no on-site parking however there is a municipal lot immediately to the north of the property. There is also a laundromat immediately to the north of the subject site. Excellent cash flow building with low maintenance requirements. Very little to do regarding lawn care and snow removal.
| Price History | |
|---|---|
| 2/17/2023 | Listed $649,000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Woodstock may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2023 All rights reserved.Based on information submitted to the MLS GRID as of June 9, 2023 4:25 PM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of June 9, 2023 4:25 PM UTC
Metro MLS - Milwaukee Data provided by Metro MLS. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
