Property for Sale: 110 E Prairie, Marengo, IL 60152

$900,000
$900,000
110 E Prairie, Marengo, IL 60152
$900,000
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Price:
$900,000

Type Commercial
Lot Size 0.18 acres
Year Built 1900

City Marengo
County Mc Henry

MLS 12136437
Status Active
Prime Investment Opportunity in Downtown Marengo - Fully Leased 10-Unit Apartment Building. Located in the heart of Marengo, IL, presents an exceptional investment opportunity. The property has undergone recent updates, enhancing its appeal and boosting rental income. Constructed with durable brick and block, the building requires minimal maintenance, making it a hassle-free investment. Tenants are responsible for their own electric bills, while the landlord only covers real estate taxes and water, with no natural gas utilized on the property. The building offers an excellent opportunity for investors seeking a low-maintenance, high-return asset. This property is ideally located within walking distance to local restaurants, banks, bars, and other conveniences. This fully leased, updated apartment building offers an outstanding opportunity for both seasoned investors and those new to the market, providing strong cash flow with low operational costs and minimal management requirements.

Room Features

Basement Description Crawl, Slab

Lot & Building Features

Construction Brick, Concrete
Cooling None
Tax Year 2023
Lot Dimensions 90 X 60 X 88 X 58 ft

Price History of 110 Prairie, Marengo, IL

Date Name Price Difference
12/31/1969 Listing Price $900,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 110 Prairie, Marengo, IL

Location Map Street View
Photo of Sharon Biros Koerber
Direct: 708-987-0180
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Baird & Warner, Janelle Vik
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110 Prairie (MLS #12136437) is a commercial listing located in Marengo, IL. This is a commercial listing with a lot of 7,841 sqft (or 0.18 acres). This property was listed on 08/13/2024 and has been priced for sale at $900,000.

Nearby zip codes are 60021, 60033, 60097, 60098 and 60180. This property neighbors other cities such as Fox River Grove, Harmony, Union, Wonder Lake and Woodstock.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Baird & Warner