550 Park Dr, Marengo, IL 60152
Property image
Property image
OFF MARKET

$339,900

Trulia Estimate
  • 4 Beds
  • 2 Baths

550 Park Dr, Marengo, IL 60152

Est. Refi. Payment $2,476/mo*
Refinance Your Home
Currently Off Market - Sold Jul 2, 2024 for $300,000

Home Value

Trulia Estimate
$340K
Since last month
Decreased$1K (-0.4%)
Since last year
Increased$23K (+7.3%)
Since last sale
Increased$40K (+13.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +212% in the last 10 years
MonthEstimated value
2026
August 2026$340K
August 2026$340K
July 2026$341K
June 2026$345K
May 2026$345K
April 2026$345K
March 2026$336K
February 2026$332K
January 2026$327K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
500 1/2 Johnson St, Marengo, IL
0.19
Multi-Family Home
$225,000
07/10/26
2
1.5
1,150
479 Kennedy St, Marengo, IL
0.11
Multi-Family Home
$245,000
12/05/25
2
1.5
1,150
900 Partridge Cir, Marengo, IL
1.60
Multi-Family Home
$190,000
10/31/25
2
2
900
722/724 W Grant Hwy, Marengo, IL
4.50
Multi-Family Home
$375,000
08/17/26
9
4
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
601 Park Dr, Marengo, IL 60152
0.06
$240,900
4
2
1,995
Off Market
615 Park Dr, Marengo, IL 60152
0.06
$317,000
3
2
2,000
Recently Sold
522 Park Dr #1, Marengo, IL 60152
0.03
$166,200
2
2
1,200
Off Market
519 Eisenhower St, Marengo, IL 60152
0.04
$356,600
4
3
2,250
Off Market
639 Eisenhower St, Marengo, IL 60152
0.08
$369,300
3
2
1,500
Off Market
480 Park Dr #490, Marengo, IL 60152
0.06
$346,700
4
2
-
Off Market
510 Eisenhower St, Marengo, IL 60152
0.07
$345,000
3
2.5
1,650
Recently Sold
579 Kennedy St, Marengo, IL 60152
0.10
$415,000
5
4.5
3,000
For Sale
Address Not Disclosed, Marengo, IL 60152
0.10
$469,900
6
3
-
For Sale
479 Kennedy St, Marengo, IL 60152
0.11
$245,000
2
1.5
1,150
Recently Sold
459 Kennedy St, Marengo, IL 60152
0.13
$34,500
-
-
-
For Sale

Local Information

  • Map ViewExplore the area around 550 Park Dr.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1973
2 Car Garage

About this House

Fully occupied and cash flowing. Units recently remodeled. New roof. Owner is an Illinois licensed Managing Broker
550 Park Dr, Marengo, IL 60152 is a 4 bedroom, 2 bathroom multi-family built in 1973. It last sold for $300,000 on Jul 2, 2024 (4% below the $313,690 asking price). More recently, it was listed as a rental in April 2020 with an asking price of $1,100 per month. That rental listing was removed on February 24, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $339,900, with a rent estimate of $1,723/month.
Last check for updates: about 3 hours ago
Listed by Phillip Mazur, (815) 788-8613
Right at Home Realty Illinois, LLC
Bought with: Nikhil Shah, (312) 208-8561, ARNI Realty Incorporated
Source: MRED as distributed by MLS GRID, MLS#12057646

Home Details for 550 Park Dr

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Finished,Unfinished,FullNumber of Rooms: 10
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas
View
No View

Exterior Features

Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: On Site,Attached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1973Year Renovated: 2018
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: CedarNot a New Construction
Property Information
Parcel Number: 1135329009

Price & Status

Price
List Price: $313,690
Status Change & Dates
Off Market Date: Tue May 21 2024Possession Timing: Close Of Escrow

Location

Direction & Address
City: Marengo
School Information
Elementary School District: 165Jr High / Middle School District: 165High School: Marengo High SchoolHigh School District: 154

Lot Information

Lot Area: 10586 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12057646

Additional Information

Source Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Jul 2, 2024
Source: MRED as distributed by MLS GRID #12057646
Sold
$300,000
May 22, 2024
Source: MRED as distributed by MLS GRID #12057646
Contingent
$313,690
May 16, 2024
Source: MRED as distributed by MLS GRID #12057646
Listed For Sale
$313,690
Feb 24, 2021
Source: N/A
ListingRemoved
Apr 23, 2020
Source: N/A
ListingRemoved
$1,100

Market trends in Marengo

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
40
7MoM

Around this home

What Locals Say about Marengo

At least 87 Trulia users voted on each feature.

  • 89 % Say it's dog friendly

  • 85 % Say parking is easy

  • 84 % Say car is needed

  • 79 % Say people would walk alone at night

  • 79 % Say kids play outside

  • 78 % Say yards are well-kept

  • 76 % Say there's holiday spirit

  • 70 % Say there are sidewalks

  • 63 % Say it's walkable to restaurants

  • 63 % Say it's quiet

  • 62 % Say neighbors are friendly

  • 53 % Say there's wildlife

  • 51 % Say streets are well-lit

  • 46 % Say they plan to stay for at least 5 years

  • 38 % Say there are community events

  • 36 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Mariogarden69
    "Safe and very nice people highly recommend to live here stores it’s not to far Farmers very respectful "
    0
    Flag
  • Mimi62391
    "we take care of each other , if anyone needs something we are always willing to help. very quiet place to leave , asome neighbors."
    3
    Flag
  • Khaled E.
    "Lived in for 19 years. Land wooded and 5 acres each . Very quiet neighborhood. Wild life and nature is all over . "
    0
    Flag
  • Khaled E.
    "Walking in the neighborhood and enjoy the leave and quit. A lots of trees and wild life . Safe area properties are secluded. Properties are 5 plus acres each and unincorporated. Has well and septic ."
    0
    Flag
  • Jesica.polizzi
    "Settlers days in October and trick or treating on Washington street, the farmers market during the summer is so nice, and the school district is great"
    1
    Flag
  • Caraballoalina
    "The neighbors are friendly. It is a safe town and developing rapidly. There are activities for youth and adults."
    1
    Flag
  • Yelliegibs014
    "Many young families & couples in the area, nice parks, great community activities year round, nearly everywhere you could want to walk has sidewalks. "
    0
    Flag
  • Extravajannza
    "I like it here. It’s nice and people are friendly. The weather is good except in winters. Lots of good places to visit. "
    0
    Flag
  • Huttner2
    "there's a lot of potholes but most people are friendly and will wave to you while driving by. theres a mcdonalds and soon a dunkin"
    1
    Flag
  • Samantha L.
    "Very quiet, family friendly area in a welcoming community."
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information

Frequently asked questions about 550 Park Dr

  • What is 550 Park Dr estimated to be worth?
    Trulia's estimated value for 550 Park Dr in Marengo, IL is $339,900.
  • What is the price history for 550 Park Dr?
    550 Park Dr in Marengo, IL last sold for $300,000 in July 2024.
  • Is Marengo a buyer's or seller's market?
    Marengo is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Marengo?
    Residents describe Marengo, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Marengo, IL.

Explore by feature - Air Conditioning

7 rentals with air conditioning in Marengo, IL

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Off Market Homes Near 550 Park Dr

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