455 Park Drive, Marengo, IL

$469,900

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6

Beds

0.24

Acres

About 455 Park Drive

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!

Features of 455 Park Drive

MLS® # 12697677
Price $469,900
Bedrooms 6
Bathrooms 0.00
Acres 0.24
Year Built 1977
Type Residential Income
Sub-Type Two to Four Units
Style Ranch
Status Active
Taxes $6,613

Community Information

Address 455 Park Drive
Area Harmony / Marengo
Subdivision Parkrise
City Marengo
County McHenry
State IL
Zip Code 60152

Amenities

Parking Spaces 3
Parking Garage Door Opener, Yes, Garage Owned, Attached, Garage
# of Garages 3
Is Waterfront No
New Construction No
Has Pool No

Interior

Heating Electric
Fireplace No
Has Basement No
Basement None

Exterior

Exterior Vinyl Siding
Lot Description Corner Lot, Cul-De-Sac
Roof Asphalt
Foundation Concrete Perimeter

School Information

District 154
Elementary Locust Elementary School
Middle Marengo Community Middle School
High Marengo High School

Additional Information

Days on Market 27
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX At Home

Listing Map

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