635 3rd Avenue Marengo, IL 60152
Listing Courtesy of: Midwest Real Estate Data / Century 21 New Heritage / Tamara Berman / CENTURY 21 New Heritage / Azucena (Ozzie) Martinez

  635 3rd Avenue Marengo, IL 60152

Contingent (13 Days)
$249,000
3
BED
3
BATH
2,398
SQFT

Description

Smart Investment Opportunity - Priced Below Replacement Cost! Looking to maximize your homeownership investment while hedging against inflation? This rare opportunity at 635 3rd Ave, Marengo, IL offers incredible value, priced below the cost of replacement! This spacious 3-bedroom, 3-bath home sits on an oversized lot, offering expansive living spaces rarely found in homes of this era. Built in the 1970s, it boasts larger-than-average rooms, a huge family room, and a 40 x 25 indoor pool area-a feature nearly impossible to replicate at today's construction costs. While the home is in need of updating, its solid bones and unparalleled potential make it a savvy investment for those looking to add equity and increase value through strategic renovations. With soaring construction and material costs, buying a home at this price point is a smart financial move-especially when you consider the long-term benefits of real estate as a hedge against inflation. Located in the emerging community of Marengo, poised for growth with new I-90 access, further securing its value for the future. Whether you're an investor, a homeowner looking to personalize your space, or someone who understands the long-term financial advantages of real estate ownership, this property presents a rare chance to buy smart and build wealth. Don't miss out-opportunities like this priced-below-replacement home don't last! Secure your financial future in real estate today.

MLS #:
12283111
Taxes
$6,127(2023)
Type
Single-Family Home
Year Built
1971
School District
154,165
County
McHenry County

Listed By

Tamara Berman, Century 21 New Heritage
Azucena (Ozzie) Martinez, CENTURY 21 New Heritage
Source
Midwest Real Estate Data as distributed by MLS Grid
Last checked Apr 3 2025 at 11:04 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Heating and Cooling
  • Forced Air
  • Natural Gas
  • Central Air
Basement Information
  • Unfinished
  • Full
Exterior Features
  • Vinyl Siding
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
School Information
  • Elementary School: Marengo High School
  • Middle School: Marengo High School
Garage
  • Attached
Living Area
  • 2,398 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Interest rate
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Mortgage calculator estimates are provided by C21 New Heritage and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 4/20/22 08:21. All data is obtained from various sources and may not have been verified by broker or MLSGRID. Supplied Open House Information is subject to change without notice. All information should beindependently reviewed and verified for accuracy. Properties may or may not be listed by the office/agentpresenting the information. Properties displayed may be listed or sold by various participants in the MLS. All listing data on this page was received from MLS GRID.