Corcoran Urban Real Estate
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12 Properties Within 0.5 miles of: 604-620 E Grant, Marengo
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604-620 E Grant
Marengo, IL 60152

  • Built In 1978
Price

$5,499,900

Est Payment
$34,117 / month (details)  
Taxes
$50,295  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
217.6X33X90.2X6X88.4X384.3X281.8X383.9  
Built
1978  
Neighborhood
Harmony / Marengo  
MLS
#11277016
Status
Expired

Property Description

Fully Occupied Apartment Complex With Long Term Tenants.the Current Rent Is Well Below Market Value And The Opportunity To Increase Income Is Huge. Newer Roof, Some New Windows & Patio Doors. Many Units Has Been Updated. Also, It Is A Great Opportunity To Do A Condo Conversion $$. Two Separate Buildings With Two-story Each. Total Of 48 Units Garden Style Apartments: 36- Two Bedroom & 12 -1bedroom Units. All Has Separate Utilities! The 2 Br. Units In Building 620 Have Their Own In- Closet Washer & Dryer. A Separate One Story Structure Between The Two Building Serves As The Office/Storage. Two 24-unit Buildings With A Paved Parking Spaces. For 85 Cars. Fantastic Income Opportunity With The Potential To Grow! ! .

Property Map

Property Details

Utilities

  • Heating
  • Cooling Central Individual, Window Unit(s)
  • Water
  • Sewer

Additional Information

Parking
86 Parking Spaces

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

11-26-2021 Listed at $5,499,900
11-27-2022 Status changed to Expired
Last Modified 11/27/22 12:05 AM
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