NOT LISTED FOR SALE

705 E Grant Hwy Marengo, IL 60152

Estimated Value: $236,000 - $297,000

4 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot Lot

Sale Details

Date Sold: July 2, 2024

Last sale price $250,000

Est. 4% increase in value since last sale

Current estimated payment $1,653 / mo

20 Days on Market

About This Home

As of July 2024

This awesome house has not one, but two units! That means there are two homes in one! You'll find a total of 4 cozy bedrooms and 2 bathrooms here. Imagine the possibilities! Rent out one unit and live in the other, or rent out both for double the income! Don't miss out on this amazing opportunity! Come see this two-unit house today and start your journey to real estate success!

Last Agent to Sell the Property

Gibran Young

CENTURY 21 New Heritage License #475194056 Listed on: 05/08/2024

CENTURY 21 New Heritage

Last Buyer's Agent

Lisa Rossow

CENTURY 21 New Heritage License #471006158

CENTURY 21 New Heritage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,845

Year Built

  • Built in 1928

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 66x107x66x107
  • Paved or Partially Paved Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Schools

  • Locust Elementary School
  • Marengo Community Middle School
  • Marengo High School

Additional Features

  • Property is near park
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,845

Year Built

Built in 1928

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Locust Elementary School
  • High School: Marengo High School
  • Middle/Junior School: Marengo Community Middle School

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 66X107X66X107
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 2845.42
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Jun 18, 2024
Sold by
Bought by
Seller's Agent
Gibran Young
CENTURY 21 New Heritage
Buyer's Agent
Lisa Rossow
CENTURY 21 New Heritage
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Views
32
Current Estimated Value
$259,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,280
Avg. Annual Appreciation
1.89%
Original Mortgage
$187,500
Outstanding Balance
$185,471
Interest Rate
7.87%
Mortgage Type
New Conventional
Estimated Equity
$73,809

Purchase Details

Closed on
Apr 11, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 6, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,800
Interest Rate
6.97%

Purchase Details

Closed on
Feb 8, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$250,000 Fidelity National Title
-- None Available
-- Fidelity Natl Title
$157,250 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $187,500
Previous Owner $45,000
Previous Owner $125,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/02/2024 07/02/24 Sold $250,000 -9.1% --
05/29/2024 05/29/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $275,000 0.0% --
05/15/2024 05/15/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $275,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,978 $47,244 $11,985 $35,259
2023 $2,845 $41,647 $10,565 $31,082
2022 $2,840 $37,662 $9,554 $28,108
2021 $2,609 $34,316 $8,705 $25,611
2020 $2,546 $32,657 $8,284 $24,373
2019 $2,669 $30,943 $7,849 $23,094
2018 $2,449 $28,984 $7,352 $21,632
2017 $2,346 $27,455 $6,964 $20,491
2016 $2,238 $25,652 $6,507 $19,145
2013 -- $29,864 $6,367 $23,497
Source: Public Records

Agents Affiliated with this Home

  • Gibran Young

    Seller's Agent in 2024

    Gibran Young

    CENTURY 21 New Heritage

    (815) 240-5700

    11 in this area

    101 Total Sales

    Gibran Young
    Section Image
  • Lisa Rossow

    Seller Co-Listing Agent in 2024

    Lisa Rossow

    Century 21 New Heritage - Hampshire

    (847) 683-2000

    6 in this area

    81 Total Sales

    Lisa Rossow
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12049232

Midwest Real Estate Data (MRED)

APN: 11-36-379-009

Illinois McHenry County Marengo 60152

705 E Grant Hwy, Marengo, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) 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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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