NOT LISTED FOR SALE

604 E Grant Hwy Marengo, IL 60152

84 Beds
48 Baths
-- Sq Ft
105,415 Sq Ft Lot

Last Sold April 15, 2016

Last sale price $2,400,000

179 Days on Market

About This Home

As of April 2016

JUST REDUCED! SEE THIS COMPLEX WITH MUCH IMPROVED OCCUPANCY RATE SINCE THE PROFESSIONAL COMPANY TOOK OVER LAST MARCH 2014. ATTENTION INVESTORS ! DEVELOPERS! CONDO CONVERSION POTENTIALS! UNIQUE! 2 STORY BUILDINGS- 48 UNITS GARDEN STYLE APARTMENT COMPLEX: 36-2BEDROOM & 12 -1BEDROOM UNITS. SEPARATE UTILITIES! THE 2 BR. UNITS IN BUILDING 620 HAVE THEIR OWN IN- CLOSET WASHER & DRYER. A SEPARATE ONE STORY STRUCTURE BETWEEN THE 2 BLDGS. SERVES AS THE OFFICE. TWO 24 UNIT BUILDINGS WITH A PAVED PARKING SPACES. FOR 85 CARS. **SOLD "AS IS"* HURRY TIME IS TICKING! ** CONFIDENTIALLY AGREEMENT IS REQUIRED BEFORE FINANCIAL AND RENTAL INFORMATION WILL BE PROVIDED. CALL OR TEXT THE LISTING BROKER HOW TO OBTAIN THE CONFIDENTIALITY AGREEMENT WITH YOUR E-MAIL AND AGENT ID.

Last Agent to Sell the Property

Ana Anita Moral

Unique Realty LLC Listed on: 05/01/2015

Last Buyer's Agent

Jayesh Parekh

Kale Realty License #475149245

Kale Realty

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2.42

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Lot Details

2.42 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family
  • Potential Use: Condominium, Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Net Oper Income: 0000
  • Repairs Decor Expense: 0000
  • Scavenger Expense: 0000
  • Total Annual Exp: 0000
  • Total Annual Income: 0000
  • Total Monthly Income: 0000
  • Number Of Stories: 2
  • Estimated Year Built: 0000
  • Type Multi Family: Garden Complex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 2.42
  • Construction: Brick, Concrete Block
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 86

Utilities

  • Air Conditioner: Central Individual
  • Heatventilation: Electric
  • Water Expense: 0000

Condo/Co-op/Association

  • Units in Building: 48

Fee Information

  • Electricity Expense: 0000
  • Janitor Expense: 0000

Lot Info

  • Lot Dimensions: IRREGULAR
  • Lot Sq Ft: 105415
  • Land Amenities: Curbs and Gutters, Lighting/Exterior
  • Parcel Identification Number: 1136327042

Rental Info

  • Gross Rental Income: 0000
  • Tenant Pays: Electric, Heat

Multi Family

  • Fuel Expense: 0000
  • Insurance Expense: 0000
  • Other Expenses: 0000

Tax Info

  • Taxes: 46557.42
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2016 04/15/16 Sold $2,400,000 -25.0% --
10/27/2015 10/27/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $3,200,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $57,812 $761,839 $70,725 $691,114
2023 $56,793 $671,579 $62,346 $609,233
2022 $54,479 $607,324 $56,381 $550,943
2021 $50,990 $553,370 $51,372 $501,998
2020 $50,293 $526,617 $48,888 $477,729
2019 $53,397 $498,974 $46,322 $452,652
2018 $49,807 $467,379 $43,389 $423,990
2017 $48,418 $442,720 $41,100 $401,620
2016 $47,106 $413,641 $38,400 $375,241
2013 -- $404,704 $37,571 $367,133
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08907985

Midwest Real Estate Data (MRED)
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