Homes for sale - 455 Park Drive, Marengo, IL 60152

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Greg Cirone

xragents@gmail.com +1(708) 415-6755

$449,900

Est. payment - /mo

6 Beds

10,454 Sqft Lot

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UPDATED:

08/17/2024 08:41 AM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

Subdivision Parkrise

MLS Listing ID 12130299

Style Ranch

Bedrooms 6

Year Built 1977

Annual Tax Amount $6,613

Tax Year 2022

Lot Size 10,454 Sqft

Lot Dimensions 79X134

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!

Location

State IL

County Mchenry

Community Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement None

Interior

Heating Electric

Fireplace N

Exterior

Exterior Feature Deck

Garage Attached

Garage Spaces 3.0

Waterfront false

View Y/N true

Roof Type Asphalt

Building

Lot Description Corner Lot, Cul-De-Sac

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

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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Listed by Basel Tarabein • RE/MAX At Home

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Greg Cirone

+1(708) 415-6755

Managing Broker | License ID: 471003959

Managing Broker License ID: 471003959

455 Park Drive Marengo, IL 60152

Greg Cirone

Greg Cirone

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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455 Park Drive