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455 Park Drive

Marengo, IL 60152

6 beds
3 baths
– sqft
10,454 sqft lot
1977 build
– on site

**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!

Listing courtesy of MRED / RE/MAX At Home as distributed by MLS GRID

Last checked: Checking… • Last updated Dec 12, 2024 •

MLS# 12130299 —

The Building

Year Built:

1977
Rebuilt:

No
New Construction:

false
Architectural Style:

Ranch
Model:

3 UNIT
Roof:

Asphalt
Basement:

None
Foundation Details:

Concrete Perimeter
Exterior Features:

Deck
Other Equipment:

Ceiling Fan(s)

Interior

Rooms Total:

12

Location

Directions:

Route US 20 South on Park
Location:

8390

The Property

Parcel Number:

1135328004
Property Type:

Residential Income
Lot Features:

Corner Lot, Cul-De-Sac
Lot Size Dimensions:

79X134
Lot Size Acres:

0.24
Lot Size Source:

County Records
Zoning:

MULTI
Waterfront:

false
Additional Parcels:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Annual Amount:

6613

Beds

Bedrooms Total:

6
Bedrooms Possible:

6

Baths

Baths:

3
Full Baths:

3

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School:

Locust Elementary School
Elementary School District:

165
Middle Or Junior School:

Marengo Community Middle School
Middle Or Junior School District:

165
High School:

Marengo High School
High School District:

154

The Community

Subdivision Name:

Parkrise
Community Features:

Sidewalks, Street Lights, Street Paved

Parking

Parking Total:

3
Garage Type:

Attached
Garage Spaces:

3
Garage Onsite:

Yes
Garage Ownership:

Owned

Extra Units

Other Structures:

None

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
8/9/24 Aug 9, 2024	Listed / Active	MRED	$449,900	199.9% (24.7% / YR)
7/8/16 Jul 8, 2016		MRED	$150,000

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This multifamily located in Parkrise, Marengo, IL 60152 is currently for sale for $449,900. 455 Park Drive is a – square foot multifamily with 6 beds and 3 baths that has been on Estately for 135 days. 455 Park Drive is in the Parkrise neighborhood of Marengo and has a WalkScore® of 37, making it car-dependent. This multifamily is in the attendance area of Marengo Comm Middle School, Marengo Community High School, and Locust Elementary School.

Listing courtesy of MRED, RE/MAX At Home, and Basel Tarabein as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2024 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of Dec 12, 2024, 07:11 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.