722/724 W Grant Highway Marengo, IL 60152
Listing Courtesy of: MLS LogoMidwest Real Estate Data as distributed by MLS GRID / Listed By: Sandy Butenschoen, Century 21 New Heritage

  722/724 W Grant Highway Marengo, IL 60152

Active (6 Days)
$395,000 (USD)
9
BED
4
BATH

Description

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.

MLS #:
12654421
Taxes
$7,903(2025)
Lot Size
0.6 acres
Type
Multifamily
Style
Farmhouse
School District
154,165
County
McHenry County

Listed By

Sandy Butenschoen, Century 21 New Heritage
Source
Midwest Real Estate Data
Last checked May 31 2026 at 8:56 AM GMT+0000
Bathroom Details
Interior Features
  • Co Detectors
Lot Information
  • Level
Property Features
  • Foundation: Stone
Heating and Cooling
  • Forced Air
  • Natural Gas
Basement Information
  • Cellar
  • Partial
Exterior Features
  • Roof: Asphalt
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
School Information
  • Elementary School: Locust Elementary School
  • High School: Marengo High School
Parking
  • Unassigned
  • Driveway
  • Assigned
  • Garage Owned
  • Garage
  • Garage Faces Side
  • Owned
  • Detached
  • Carport
  • Yes
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Interest rate
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Mortgage calculator estimates are provided by C21 New Heritage and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 5/31/2026 08:56. 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. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.