604-620 E Grant Hwy, Marengo, IL 60152

FULLY OCCUPIED APARTMENT COMPLEX WITH LONG TERM TENANTS.THE CURRENT RENT IS WELL BELOW MARKET VALUE AND THE OPPORTUNITY TO INCREASE INCOME IS HUGE. NEWER ROOF, SOME NEW WINDOWS & PATIO DOORS. MANY UNITS HAS BEEN UPDATED. ALSO, IT IS A GREAT OPPORTUNITY TO DO A CONDO CONVERSION $$. TWO SEPARATE BUILDINGS WITH TWO-STORY EACH. TOTAL OF 48 UNITS GARDEN STYLE APARTMENTS: 36- TWO BEDROOM & 12 -1BEDROOM UNITS. ALL HAS SEPARATE UTILITIES! THE 2 BR. UNITS IN BUILDING 620 HAVE THEIR OWN IN- CLOSET WASHER & DRYER. A SEPARATE ONE STORY STRUCTURE BETWEEN THE TWO BUILDING SERVES AS THE OFFICE/STORAGE. TWO 24-UNIT BUILDINGS WITH A PAVED PARKING SPACES. FOR 85 CARS. FANTASTIC INCOME OPPORTUNITY WITH THE POTENTIAL TO GROW!!.