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    1 home
      1 home available
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      $1,495,500
      3beds
      1.5bath
      3,000sqft
      119acres
      House for Sale

      21820 W Railroad Street, Marengo, IL 60152

      Listing by: Midwest Land Group LLC
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      © 2025 Mainstreet REALTORS® All Rights Reserved.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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      Chicagoland Homes
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      21820 W Railroad Street, Marengo, IL 60152
      $1,495,500
      3beds
      1full,1half bath
      3,000sqft
      119acres

      21820 W Railroad Street, Marengo, IL 60152

      House for Sale by Drew KisselMidwest Land Group LLC.

      Data checked -. Listing last updated 15 days ago.
      1. Overview
      2. Details
      3. More 

      Nestled in the serene and picturesque landscape of Marengo, Illinois, this 119 +/- acre property presents an outstanding investment opportunity for savvy buyers seeking both immediate income and long-term potential. The estate features two well-maintained homes, thoughtfully divided into three rental units that generate substantial monthly income, providing a reliable cash flow from day one. Complementing the residential income, approximately 50 +/- acres of fertile, tillable land is leased at $195 per acre annually, yielding a steady $9,750 per year. Additionally, a spacious barn with heat and concrete floors offers versatile potential for storage, workshops, or further development, making this property a diversified income powerhouse in a growing rural market. Beyond its financial appeal, the true gem of this property lies in its natural beauty and recreational opportunities. Behind the tillable fields, 45 +/- acres of prime hunting land offer an outdoor enthusiast's paradise, with abundant whitetail deer and turkey populations. The property's private access to the Kishwaukee River enhances its allure, providing opportunities for fishing, kayaking, or simply enjoying the tranquil waterfront. With a touch of vision and some effort, this expansive acreage could be transformed into a premier hunting sanctuary or a private retreat, blending income generation with the joys of rural living. Don't miss this rare chance to own a versatile, income-producing estate with endless possibilities in the heart of Marengo's countryside and just minutes from downtown.

      Internet Serviceability
      Details
        Property type
      Residential
        Year built
        Heating
      Natural Gas
        Cooling
      Window Unit(s)
        Total rooms
      4
        Garage
      No
        Parking spots
      6
      MRD12417635
      MLS ID
      Active
      Status
      07-11-2025
      On market date
        Laundry features
        Fireplace
      No
        Pets allowed
        Architectural Style
      Farmhouse
      Interior features
      Exterior features
      Lot features
      Appliances included
      Construction materials
      Aluminum Siding, Vinyl Siding
      Monthly taxes
      $455
      Yearly taxes
      $5,460.16
      Community Features
      -
      School district
      Marengo Comm Hs Dist 154
      Schools
      Marengo High School
      Senior community
      No
      Common Charges
      -
      Maintenance
      -
      Additional Fees
      -
      Fees Include
      None
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      Drew Kissel
      Drew Kissel
      Direct 
       
      Location
      from i90- head north on route 23 through stop light at route 20 in downtown Marengo. Continue from light 1/4 mile just over railroad tracks and turn left on Railroad st. Continue on railroad st 1/2 mile and property is located on your right.
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      21820 W Railroad Street, Marengo, IL 60152, is a 3 bedroom, 1 bathroom, 3000 sqft. Single Family Residence built in . This property is currently available for sale and was listed on Mainstreet REALTORS® on 7-11-2025. The MLS# for this Single Family Residence is MLS# MRD12417635.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2025 Mainstreet REALTORS®