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Marengo, IL 60152

About this property

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 and Additional Information

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$469,900 Active
0 sqft

Presented By Daniel and Associates Real Estate

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Get in touch today! Phone: 1-630-231-8090
Brokerage
RE/MAX At Home
1-847-255-1000
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Schools in the Area

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    Elementary School
    Locust Elementary School
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    Middle School
    Marengo Community Middle School
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    High School
    Marengo High School
Listed By Basel Tarabein
Brokerage: RE/MAX At Home

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