Contact us: 563.441.1776
Description
LOCATION, LOCATION, LOCATION!! Situated on Grant Highway (Rt 20.) here is a 4 unit, income producing property. The rents ($3,075 monthly)are below the present going rates, and could be adjusted, bringing in additional income in the range of $300-$400 easily. Separate electric bills. The .6 of an acre has 125' frontage which encourages future development as it is in immediate B2 vicinity...all kinds of possible usages...as an added enticement, the adjoining property 704 W. Grant is also for sale...that parcel is .55 acres. Purchase both and have 1.1 acre on Rt 20 ... investors, give it some thought! Property being sold AS IS no exceptions.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 9
Bathrooms: 4
County: McHenry
High School: Marengo High School
Listed By:
CENTURY 21 New Heritage
815-568-8093
MRED MLS
MLS ID: 12654421
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722/724 W Grant Highway, Marengo, IL 60152.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $395,000 | $395,000 | $395,000 |
| Down Payment | $79,000 | $13,825 | $98,750 |
| Monthly Mortgage Amount | $1,895 | $2,357 | $2,440 |
| Taxes | $550 | $550 | $550 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $174 | $0 |
| Monthly Estimated Total | $2,560 | $3,196 | $3,105 |
About this area
Find homes for sale in Marengo, Iowa, and learn about the local community and real estate market.
Marengo, IA is the county seat of Iowa County, Iowa. This small community joins together historical and contemporary places and amenities. Ruhl&Ruhl Realtors has plenty of homes for sale in Marengo, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Marengo.
Ruhl&Ruhl Realtors has plenty of homes for sale in Marengo, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Marengo.
Nearest Ruhl&Ruhl Office
1075 Highway 1 West
Iowa City, IA 52246
Phone Number: (319) 339-8111
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 06/27/2026. The listing information on this page last changed on 06/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 06/27/2026 12:23:32 AM EST) or MRED MLS (last updated Sat 06/27/2026 12:19:12 AM EST) or SCWMLS (last updated Fri 06/26/2026 11:54:56 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 06/26/2026 10:16:32 PM EST) or Cedar Rapids MLS (last updated Fri 06/26/2026 10:44:17 PM EST) or NEIRBR MLS (last updated Sat 06/27/2026 12:18:42 AM EST) or ICAAR MLS (last updated Fri 06/26/2026 11:37:34 PM EST) or ECIMLS (last updated Fri 06/26/2026 11:44:13 PM EST) or RMLSA (last updated Sat 06/27/2026 12:20:57 AM EST) or Muscatine MLS (last updated Sat 06/27/2026 12:15:09 AM EST) or No Coast MLS (last updated Sat 06/27/2026 12:14:21 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. 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.
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