Courtesy: CENTURY 21 New Heritage
815-568-8093
Exciting opportunity to own your own home PLUS receive rent from the 2nd unit! RENOVATION completed 2 years ago...was freshly painted, new floor coverings thru out and brand new SS stove, refrigerator AND dishwasher! Room sizes are Living room 13'x18'~ Kitchen/eat in 11'x16'~ Bedrooms 13'x13', 11'x11' Full unfinished basement. All separate utilities, even 2 laundry hookups. Exterior is brick and vinyl siding. Lower unit has concrete patio, Upper unit has balcony. Oversized concrete driveway, provides extra parking. Month to month leases.Easy walk to city park, main street stores, restaurants. 24 hr. notice for showings.
Courtesy: RE/MAX Connections II
815-568-9000
Beautifully renovated two-unit property offering exceptional flexibility for homeowners and investors alike! Live in one unit and rent the other to help offset expenses, rent out both units for income potential, or keep a family member close while still providing them with their own private living space. Completely renovated from top to bottom and rebuilt down to the studs, this property combines timeless character with modern finishes and peace of mind. The main residence features 3 spacious bedrooms, 2.1 baths, an open and thoughtfully designed floor plan, and convenient main-floor laundry. The private second unit is a 1-bedroom apartment, perfect for rental income, extended family, or an in-law arrangement. Nearly every major component has been replaced, including new mechanical systems, energy-efficient windows, and drywall. The stunning new kitchen features quartz countertops, custom cabinetry, and new stainless steel appliances. Beautifully renovated bathrooms offer solid-surface showers and quality finishes. Original character has been preserved with era-appropriate trim and refinished hardwood floors. Outside, enjoy a maintenance-free exterior, welcoming Trex front porch, spacious concrete rear patio, updated landscaping, and a detached oversized 2-car garage. A rare opportunity to own a fully renovated two-unit property with so many possibilities-owner occupy and generate rental income, accommodate extended family with separate living quarters, or add a move-in-ready two-unit property to your investment portfolio!
Courtesy: RE/MAX At Home
847-255-1000
Outstanding investment opportunity! This free-standing ranch-style triplex offers three spacious units, each featuring 2 bedrooms, 1 full bath, and an attached one-car garage. Two of the three units are currently leased, generating monthly rental income. The third unit is vacant and ready for your personal finishing touches and updates. Once renovated, the property has an excellent rental potential annually, making it an exceptional income-producing asset. Looking for an owner-occupied investment? This property is the perfect fit. Renovate the vacant unit, move in, and enjoy the benefits of owner-occupied financing while the rental income from the other two units helps long term. Each unit is separately metered with 200-amp electrical service and electric heat. Tenants pay their own electricity and water, while the owner is responsible only for garbage service, helping to keep operating expenses low and maximizing cash flow. Whether you're an experienced investor seeking strong cash-on-cash returns or a buyer looking to build long-term wealth through real estate, this property offers tremendous upside and outstanding potential. Opportunities like this are hard to find. Schedule your private showing today!
Courtesy: Baird & Warner
815-459-1855
Investors, this is the one you've been waiting for! Solid 2-flat in Marengo offers two well-configured units and excellent income potential. The lower level features 2 bedrooms and 1 full bath, while the upper level offers 1 bedroom, 1 full bath, and a walk-in closet. Enjoy the charm of a large front porch, a full basement for added storage and utility, and a large 2-car garage that sets this property apart. Property needs some TLC - a perfect opportunity for investors looking to add value and maximize their return. Live in one unit and rent the other, or rent both for full income potential. A true buy-and-hold gem with strong bones and lasting appeal. Schedule your showing today!
Marengo is located in Illinois. Marengo, Illinois has a population of 7,466. Marengo is less family-centric than the surrounding county with 27.18% of the households containing married families with children. The county average for households married with children is 33.95%.
The median household income in Marengo, Illinois is $65,136. The median household income for the surrounding county is $93,801 compared to the national median of $69,021. The median age of people living in Marengo is 30.5 years.
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 12.3 degrees. The average rainfall is approximately 36.5 inches per year, with 33.8 inches of snow per year.
