$249,000
bedrooms
3
bathrooms
3
square feet
2,398
Acreage
-
Open Houses
-
year built
1971
Full Baths
3
Half Baths
0
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.
Location | |
Subdivision | - |
County | McHenry |
Elementary School | Marengo High School |
Middle School | Marengo High School |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 12283111
Listing agent:
Tamara Berman
#475178891
Listing broker:
Century 21 New Heritage
(847) 683-2000
Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Monday, March 24 2025 at 7:41 p.m. EDT
Kotohomes National
Other listings you might be interested in
$309,999
3 Bed •
3 Bath •
2,500 ft²
541 Blackhawk Drive
Lake In The Hills, IL 60156
$280,000
3 Bed •
3 Bath •
1,928 ft²
298 New Haven Drive
Cary, IL 60013
$300,000
3 Bed •
3 Bath •
2,000 ft²
10215 Main Street
Hebron, IL 60034
$435,000
3 Bed •
3 Bath •
2,150 ft²
3131 Braeburn Court
Woodstock, IL 60098
$352,990
3 Bed •
3 Bath •
2,155 ft²
6800 Willow Drive Plan: PENDLETON
Wonder Lake, IL 60097
$369,990
3 Bed •
3 Bath •
2,155 ft²
2278 Cobble Springs Drive
Wonder Lake, IL 60097
$389,900
3 Bed •
3 Bath •
2,454 ft²
1527 N Harrison Street
Algonquin, IL 60102
$374,990
3 Bed •
3 Bath •
2,155 ft²
6812 Willow Drive
Wonder Lake, IL 60097
$315,000
3 Bed •
3 Bath •
2,296 ft²
2295 N Salem Lane
Round Lake Beach, IL 60073
$363,990
3 Bed •
3 Bath •
2,221 ft²
313 Red Oak Cir Plan: Chelsea
Volo, IL 60020
$420,000
3 Bed •
3 Bath •
2,641 ft²
8 Lake Gillilan Court
Algonquin, IL 60102
$398,000
3 Bed •
3 Bath •
2,389 ft²
2606 Martin Drive
Spring Grove, IL 60081