Date
Details
Price
Change
Source
5/26/2026
Listed
$395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$395,000 Just Listed
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Property Description
LOCATION, LOCATION, LOCATION!! Situated on Grant Highway (Rt 20.) here is a 4 unit, income producing property. The rents are below the present going rates, and could be adjusted, bringing in additional income in the range of $300-$400 easily. Separate electric bills. The .6 of an acre has 125' frontage which encourages future development as it is in immediate B2 vicinity...all kinds of possible usages...as an added enticement, the adjoining property 704 W. Grant is also for sale...that parcel is .55 acres. Purchase both and have 1.1 acre on Rt 20 ... investors, give it some thought!
Full Property Details
Full Property Details for 722/724 W Grant Hwy
General
- Price: $395,000
- Taxes: $7,903 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12654421
- Updated: 5/26/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Cellar, Par
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 9
Additional Information
- Equipment: Carbon Monoxide Detectors
- Other Features: School Bus Service
Parking
- Garage: Yes
- Garage Spaces: 4
- Total Spaces: 6
- Parking Features: Carport, Garage, Yes, Garage Owned, Detached, Assigned, Unassigned, Driveway, Garage Faces Side, Owned
Location
- Area: Harmony / Marengo
- County: McHenry
- Township: Marengo
- Driving Directions: Rt 20/23. W on Rt. 20 to property on north side (across from Napa, east of Prairie Community Bank) Sign.
School Information
- School District: 165
- Elem School District: 165
- Midd School District: 165
- High School District: 154
- Elementary School: Locust Elementary School
- High School: Marengo High School
- Private School: Marengo High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Trash: 960
Structural Information
- Architectural Info: Farmhouse
- Architectural Style: Farmhouse
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Cellar, Partial
- Foundation: Stone
- Roof: Asphalt
- Built Before 1978: Yes
- Remodeled/Updated: 2020
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.6
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 125 x 208
- Lot Features: Level
Financial Considerations
- Insurance Fee: $1,500
- Parking Included: Yes
- Tax Amount: $7,903.28
- Tax Year: 2025
- Pays Trash: 960
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1135251017
Listed by CENTURY 21 New Heritage
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— 722/724 W Grant Hwy —
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NMLS#: 1598647
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Price & Sales History for 722/724 W Grant Hwy
Tax History
Tax History for 722/724 W Grant Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,329
2%
$43,863
13%
2023
$3,270
100%
$38,666
11%
2022
-100%
$34,967
10%
2021
$2,936
—
$31,861
5%
2021
$2,936
-4%
$30,321
6%
2019
$3,074
10%
$28,729
13%
2017
$2,788
3%
$25,490
7%
2016
$2,712
-1%
$23,816
2%
2015
$2,748
2%
$23,251
5%
2014
$2,686
—
$22,127
-5%
2013
$2,681
-7%
$23,301
-13%
2018
$2,868
10%
$26,910
9%
2012
$2,597
—
$24,629
—
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 722/724 W Grant Hwy
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- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,520Sq. Ft.
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- Active
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- 1,579Sq. Ft.
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722/724 W Grant Highway, Marengo, IL 60152 (MLS# 12654421) is a Multi-Family property with 4 units containing 9 bedrooms and 0 full bathrooms. 722/724 W Grant Highway is currently listed for $395,000 and was received on May 26, 2026. Want to learn more about 722/724 W Grant Highway? 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.