455 Park Drive Marengo, IL 60152
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!
Baird & Warner Rusty Clements Agent Cell: 630.854.5162 Email
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Listing Office: RE/MAX At Home
Listing Office Phone: 847-255-1000
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