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$449,900
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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!
Full Property Details
Full Property Details for 455 Park Dr
General
- Price: $449,900
- Taxes: $6,613 (2022)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12130299
- Updated: 8/31/2025
- Added to Site: 525 day(s) ago
Rental Information
- Complex Features: Sidewalks, Street Lights, Street Paved
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 6
Additional Information
- Equipment: Ceiling Fan(s)
- Other Features: School Bus Service
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Parking On-Site: Yes
Location
- Area: Harmony / Marengo
- County: McHenry
- Township: Marengo
- Subdivision: Parkrise
- Driving Directions: Route US 20 South on Park
School Information
- School District: 165
- Elem School District: 165
- Midd School District: 165
- High School District: 154
- Elementary School: Locust Elementary School
- Middle School: Marengo Community Middle School
- High School: Marengo High School
- Private School: Marengo High School
Heating & Cooling
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Trash: 350
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Model: 3 UNIT
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1977
- Built Before 1978: Yes
- Remodeled/Updated: 2016
Unit Information
- Units in Building: 3
Manufactured Home
- Model: 3 UNIT
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.24
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 79 x 134
- Lot Features: Corner Lot, Cul-De-Sac
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $1,300
- Parking Included: Yes
- Assessment Year: 1977
- Tax Amount: $6,613
- Tax Year: 2022
- Pays Trash: 350
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1135328004
Listed by RE/MAX At Home
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Schools
Schools serving 455 Park Dr
School Districts:Marengo Community High School District 154, Marengo-Union Elementary Consolidated District 165
| Name | Grades | Distance |
|---|---|---|
Locust Elementary School 539 Locust Street, Marengo, IL 60152 | PK-3 | 1.1 mi |
Marengo Community Middle School 816 East Grant Highway, Marengo, IL 60152 | 6-8 | 1.2 mi |
Marengo High School 110 Franks Road, Marengo, IL 60152 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 455 Park Dr
Date
Details
Price
Change
Source
8/09/2024
Listed
$449,900
199.93%
MLS
6/09/2016
Sold
$150,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 455 Park Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,017
2%
$92,474
13%
2023
$6,894
100%
$81,518
11%
2022
-100%
$73,719
10%
2021
$6,189
—
$67,170
5%
2021
$6,189
-5%
$63,923
6%
2019
$6,482
10%
$60,568
13%
2017
$5,877
-3%
$53,740
-5%
2018
$6,046
6%
$56,733
13%
2016
$5,718
21%
$50,210
26%
2015
$4,728
-23%
$40,000
-21%
2014
$6,162
—
$50,754
-5%
2013
$6,149
3%
$53,448
-5%
2012
$5,958
—
$56,493
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 455 Park Dr
455 Park Drive, Marengo, IL 60152 (MLS# 12130299) is a Multi-Family property with 3 units containing 6 bedrooms and 0 full bathrooms. 455 Park Drive is currently listed for $449,900 and was received on August 09, 2024. Want to learn more about 455 Park Drive? Do you have questions about finding other Multi-Family real estate for sale in Marengo? You can browse all Marengo real estate or contact a Coldwell Banker agent to request more information.

