BEDS6
BATHS3 full
MLS#12568570
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONParkrise
SCHOOLDistrict 154
Property Description
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. Two of the three units are currently leased, generating monthly rental income. The third unit is vacant and ready for your personal finishing touches and updates. Once renovated, the property has an excellent rental potential annually, making it an exceptional income-producing asset. Looking for an owner-occupied investment? This property is the perfect fit. Renovate the vacant unit, move in, and enjoy the benefits of owner-occupied financing while the rental income from the other two units helps long term. 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!
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Garage: 3
Heating: Electric
Home Style: Ranch
Lot Size: 0.24 Acres
Roof Type: Asphalt
Taxes: $6,613
Year Built: 1977
Feature Descriptions
Additional Structures: None
Exterior: Vinyl Siding
Lot: Corner Lot, Cul-De-Sac
Lot Dimensions: 79X134
Other Equipment: Ceiling Fan(s)
Parcel#: 1135328004
Parking: Garage Door Opener, Yes, Garage Owned, Attached, Garage
Sewer: Public Sewer
Total Rooms: 12
Township: Marengo
Water: Public
Local Schools
High School: Marengo High School
Middle School: Marengo Community Middle School
Elementary School: Locust Elementary School
School District: District 154
Listed By / Shown By
Listed By
Agency Name: RE/MAX At Home
Agency Phone: 847-255-1000
Shown By
Agent Name: Jackie Tabor
Agent Phone: (815) 520-6134
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 2,967.59 per month $2,270.70 Principal & Interest $551.08 Property Tax $145.80 Homeowner's InsuranceChange Payment Information
Jackie Tabor
Office: (815) 282-2222 ext. 1419
Cell: (815) 520-6134
Fax: (815) 282-2268
Direct: (815) 637-0176
Email Me
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455 Park Drive | MLS# 12568570
This multi-family property located at 455 Park Drive , Marengo, IL 60152 is currently listed for sale with an asking price of $499,900. Park Drive is located within the District 154 school district. Search Marengo real estate on jtabor.gogambino.com today.