604 E Grant Hwy #620, 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!!.