Fix And Flip Investment Properties for Sale in Marengo, IL

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 704 W Grant Hwy, Marengo, IL
Fix & Flip
$ 175,000
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign160
  • 2 Bed
  • 1 Bath
  • 1100 sft
704 W Grant Hwy, Marengo, IL, 60152
Property at 2812 Woodcliff Dr, Marengo, IL
Fix & Flip
$ 300,000
ROI
20.5ROI percentage
Cash Flow/m
Dollar sign59
  • 3 Bed
  • 2 Bath
  • 1818 sft
2812 Woodcliff Dr, Marengo, IL, 60152
Property at 802 E Washington St, Marengo, IL
Fix & Flip
$ 248,900
ROI
20.8ROI percentage
Cash Flow/m
Dollar sign74
  • 2 Bed
  • 2 Bath
  • 1368 sft
802 E Washington St, Marengo, IL, 60152

Why Invest in Marengo, Illinois?

Investing in Marengo, IL is increasingly appealing, especially for fix-and-flip projects. The local market has seen a promising appreciation rate and a solid renter-occupied percentage, making it a sound choice for flipping properties. With a growing community and favorable economic indicators, Marengo presents abundant opportunities for investors seeking substantial returns.

15%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

Marengo's housing market is showing a positive trend with increasing home values and rental rates. It's an ideal location for both long-term rental investments and short-term fix-and-flip opportunities.

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