Investment Properties for Sale in Marengo, IL

Property at 445 Stanford Dr, Marengo, IL
Listed for sale 3 days ago
$ 415,000
ROI
22.2ROI percentage
Cash Flow/m
Dollar sign283
  • 4 Bed
  • 3 Bath
  • 2000 sft
445 Stanford Dr, Marengo, IL, 60152
Property at 20525 Ridgeview Ln, Marengo, IL
Fix & Flip
Listed for sale 5 days ago
$ 290,000
ROI
28.9ROI percentage
Cash Flow/m
Dollar sign737
  • 3 Bed
  • 3 Bath
  • 1688 sft
20525 Ridgeview Ln, Marengo, IL, 60152
Property at 817 Whitetail Dr, Marengo, IL
Listed for sale 6 days ago
$ 374,900
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign533
  • 3 Bed
  • 2 Bath
  • 1522 sft
817 Whitetail Dr, Marengo, IL, 60152
Property at 1015 Briden Dr, Marengo, IL
Listed for sale 7 days ago
$ 219,000
ROI
21.2ROI percentage
Cash Flow/m
Dollar sign90
  • 2 Bed
  • 2 Bath
  • 1200 sft
1015 Briden Dr, Marengo, IL, 60152

Why Invest in Marengo, Illinois?

Investing in Marengo, IL, especially in rental properties, can yield significant returns. The city offers an attractive rental market with a robust average cash flow and a growing appreciation rate. Investors can benefit from a healthy rental yield as the local economy expands and more people move to this charming area.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent in Marengo is around $1,800 per month, offering a range of housing options from single-family homes to multifamily units. This competitive rental market makes it ideal for investors seeking rental properties.

Find Your Perfect Investment Property in Marengo, Illinois

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