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455 Park Drive

Marengo, IL 60152
  • $449,900
  • STATUS: Active
  • ON SITE: 482 Days
  • MLS #: 12130299
UPDATED: 58 min ago
$449,900
  • 6
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1977
County:
Area:

School Information

Elementary School:
High School:
School District:
165

Description

**Fully Occupied Investment Property with Impressive Cash Flow!** This property generates $46,800 in annual gross rental income and is located in a prime area near a park. Each unit features two bedrooms, one bath, washer and dryer hookups, and an attached one-car garage. The units have electric heating and 200-amp service, with tenants responsible for electricity and water, while the owner covers garbage pickup. This property is eligible for FHA financing, allowing you to live in one unit while renting out the others. A fantastic investment opportunity with strong cash flow-schedule your showing today!

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2025-12-05T11:06:09.897 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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455 Park Drive Marengo, IL 60152

  • Price: $449,900
  • Status: Active
  • On Site: 482 Days
  • Updated: 58 min ago
  • MLS #: 12130299
6
Beds
0
Baths
0
½ Baths
0.24
Acres
1977
Built
Neighborhood:
Parkrise
County:
Mchenry
Area:
Mchenry
Elementary School:
Locust Elementary School
Middle School:
Marengo Community Middle School
High School:
Marengo High School
School District:
165
Property Description
**Fully Occupied Investment Property with Impressive Cash Flow!** This property generates $46,800 in annual gross rental income and is located in a prime area near a park. Each unit features two bedrooms, one bath, washer and dryer hookups, and an attached one-car garage. The units have electric heating and 200-amp service, with tenants responsible for electricity and water, while the owner covers garbage pickup. This property is eligible for FHA financing, allowing you to live in one unit while renting out the others. A fantastic investment opportunity with strong cash flow-schedule your showing today!
Exterior Features

Architectural Style Ranch Foundation Details Concrete Perimeter Is Parking Included In Price Yes Lot Features Corner LotCul-De-Sac Lot Size .25-.49 Acre Multi Family Type 3 Story Unit/s Other Structures None Parking Features Garage Door OpenerOn SiteGarage OwnedAttachedGarage Parking Total 3 Roof Asphalt Waterfront YN No

Interior Features

Basement Bathrooms YN No Basement Details None Bedrooms Below Grade 0 Bedrooms Total 6 Full Baths In Building 3 Half Baths In Building 0 Heating Electric Rooms Total 12

Property Features

Additional Parcels YN No Age 41-50 Years Built Before1978 YN Yes Community Features SidewalksStreet LightsStreet Paved Corporate Limits Marengo General Information School Bus Service Gross Income 46800 Insurance Expense 1300 Mls Actual Status Active Net Operating Income 40187 New Construction YN No Other Equipment Ceiling Fan(s) Ownership Fee Simple Rebuilt YN No Rehab Year 2016 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 6613 Tax Year 2022 Total Numberof Unitsin Building 3 Total Rental Income 46800 Township Marengo Type Two to Four Units Water Source Public Zoning MULTI

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of RE/MAX At Home: 847-255-1000.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2025-12-05T11:06:09.897 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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