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$375,000
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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 ($3,075 monthly)are below the present going rate, however have good, prompt paying tenants. 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...investors, give it some thought! Property being sold "AS IS" no exceptions.
Full Property Details
Full Property Details for 722/724 W Grant Hwy
General
- Sold For: $375,000
- Taxes: $7,903 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12654421
- Added to Site: 93 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 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
- 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
- Midd School District: 165
- Elementary School: Locust Elementary School
- High School: Marengo High School
- Private School: Marengo High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Architectural Style: Farmhouse
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- 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
- Parking Included: Yes
- Tax Amount: $7,903.28
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1135251017
Listed by CENTURY 21 New Heritage
Sold by Realty of America, LLC
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Price & Sales History for 722/724 W Grant Hwy
Date
Details
Price
Change
Source
8/17/2026
Sold
$375,000
-2.6%
MLS
6/28/2026
Price Reduced
$385,000
-2.53%
MLS
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.
722/724 W Grant Highway, Marengo, IL 60152 (MLS# 12654421) is a Multi-Family property that was sold at $375,000 on August 17, 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.

