455 Park DR, Marengo, IL 60152
455 Park DR, Marengo, IL 60152
455 Park DR, Marengo, IL 60152
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Listed by Basel Tarabeinof RE/MAX At Home
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Est. payment /mo
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6 Beds
10,454 Sqft Lot
Price Dropped by $30K

455 Park DR Marengo, IL 60152

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John Stokes

John Stokes

+1(312) 287-3377

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

Subdivision Parkrise

MLS Listing ID 12697677

Style Ranch

Bedrooms 6

Year Built 1977

Annual Tax Amount $6,613

Tax Year 2023

Lot Size 10,454 Sqft

Lot Dimensions 79X134

Property Sub-Type Two to Four Units

Property Description

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. All three units are fully rented. The third unit is being fully renovated now and the tenant should be moving in at the end of the month. The total rental income is $57,240. 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!

Location

State IL

County Mchenry

Community Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement None

Interior

Heating Electric

Fireplace N

Exterior

Garage Spaces 3.0

View Y/N true

Roof Type Asphalt

Building

Lot Description Corner Lot, Cul-De-Sac

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Locust Elementary School

Middle Schools Marengo Community Middle School

High Schools Marengo High School

School District 165, 165, 154

Others

Ownership Fee Simple

Special Listing Condition None

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John Stokes

John Stokes

Agent | License ID: 262311

+1(312) 287-3377

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455 Park DR

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