Skip main navigation
New
  • $1,495,500

    21820 W Railroad St, Marengo, IL 60152

    3beds
    3,000sqft
    : 
    Single Family Residence
    Built in ----
    119 Acres Lot
    $-- Zestimate®
    $499/sqft
    $-- HOA

    What's special

    Tranquil waterfrontTwo well-maintained homesSerene and picturesque landscapeFertile tillable landSpacious barnExpansive acreage
    Nestled in the serene and picturesque landscape of Marengo, Illinois, this 119 +/- acre property presents an outstanding investment opportunity for savvy buyers seeking both immediate income and long-term potential. The estate features two well-maintained homes, thoughtfully divided into three rental units that generate substantial monthly income, providing a reliable cash flow from day one. Complementing the residential income, approximately 50 +/- acres of fertile, tillable land is leased at $195 per acre annually, yielding a steady $9,750 per year. Additionally, a spacious barn with heat and concrete floors offers versatile potential for storage, workshops, or further development, making this property a diversified income powerhouse in a growing rural market. Beyond its financial appeal, the true gem of this property lies in its natural beauty and recreational opportunities. Behind the tillable fields, 45 +/- acres of prime hunting land offer an outdoor enthusiast's paradise, with abundant whitetail deer and turkey populations. The property's private access to the Kishwaukee River enhances its allure, providing opportunities for fishing, kayaking, or simply enjoying the tranquil waterfront. With a touch of vision and some effort, this expansive acreage could be transformed into a premier hunting sanctuary or a private retreat, blending income generation with the joys of rural living. Don't miss this rare chance to own a versatile, income-producing estate with endless possibilities in the heart of Marengo's countryside and just minutes from downtown.
    3 days
    on Zillow
    |
    214
    |
    10
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 11, 2025 at 12:42pm

    Listing courtesy of:

    Drew Kissel 779-775-8679,

    Midwest Land Group LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12417635MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 21820 W Railroad St.

    Next available tour time:Today at 6pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: No additional rooms
    Primary bedroom
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10X10
    Bedroom 2
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10X10
    Bedroom 3
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10X10
    Kitchen
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10X10
    Heating
    • Natural Gas
    Cooling
    • Window Unit(s)
    Features
    • Basement: None
    Interior area
    • Total structure area: 0
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Gravel, On Site
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Has view: Yes
    • View description: Back of Property
    • Water view: Back of Property
    Lot
    • Size: 119 Acres
    Details
    • Additional parcels included: 1126300024,1126100007,1126100002,1127200005
    • Parcel number: 1126300025
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Farmhouse
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding, Vinyl Siding
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    HOA
    • Services included: None
    Location
    • Region: Marengo

    Financial & listing details

    • Price per square foot: $499/sqft
    • Annual tax amount: $5,460
    • Date on market: 7/11/2025
    • Ownership: Fee Simple
    • Loading
    • Loading