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20525 Ridgeview Lane Marengo, IL 60152 • Residential - Single Family • (Bank Owned) - Active

  • 20525 Ridgeview Lane, Marengo, IL 60152 Main Photo

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Description

*****Multiple Offers received highest and best due 10/14/2026 01:00 PM CST ***** Bring your ideas and make this spacious Marengo ranch your own! Situated on approximately 1.5 acres in unincorporated Marengo, this home offers plenty of space, a flexible floor plan and tons of potential for the buyer ready to put in some TLC. The main level features a large living room with a fireplace, hickory plank flooring and patio doors leading outside, along with a separate formal dining room, kitchen with breakfast bar, mud room and three bedrooms. The partially finished basement adds even more usable living space with two additional rooms, a full bath, laundry, recreation room and additional flex/work space-great possibilities for guests, extended family, hobbies or a home office. Car enthusiasts, hobbyists or anyone needing extra storage will appreciate the garage space! In addition to the attached garage, the property includes a second detached 2-car garage with workshop, offering plenty of room for projects, toys and equipment. Outside, enjoy approximately 1.5 acres with mature trees, a fenced yard, and plenty of room to enjoy the outdoors. A great opportunity for someone looking for space, privacy and the chance to build equity while making a home their own. Property being sold as-is. This property may qualify for Seller Financing. Property was built prior to 1978, Lead Based Paint.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,688
Lot Size: 1.50 acres
Garage Size: 5
Attached Garage
Heated Garage
Built in 1976
High School: Marengo High School
Wooded Lot
Cul-De-Sac Lot
Two Fireplaces

General Information

Bedrooms: 3
Bathrooms: 3
Sqft: 1,688
County: McHenry
High School: Marengo High School
Subdivision: Ridgeview Estates
Listed By:
RE/MAX Classic 815-784-2800
MRED MLS

Room Information

Work Room: 15X10
Den: 14X13
Mud Room: 9X8
Recreation Room: 14X20
Bonus Room: 14X12
Bedroom 2: 15X10
Bedroom 3: 11X11
Dining Room: 15X12
Family Room: 25X12
Kitchen: 11X10
Living Room: 28X13
Primary Bedroom: 14X13
$290,000
Est. $2,048/mo
3beds
3baths
1,688sqft
5cars
(Bank Owned) - Active
BEDS3 BATHS3 full SQUARE FEET1,688 MLS#12773799
STATUS(Bank Owned) - Active PROPERTY TYPEResidential - Single Family SUBDIVISIONRidgeview Estates SCHOOLDistrict 154

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20525 Ridgeview Lane, Marengo, IL 60152.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $290,000$290,000$290,000
Down Payment $58,000$10,150$72,500
Monthly Mortgage Amount $1,544$1,894$1,880
Taxes $404$404$404
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$128$0
Monthly Estimated Total $2,048$2,526$2,384

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About this area

Iowa/Marengo
Marengo

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Find homes for sale in Marengo, Iowa, and learn about the local community and real estate market.

Marengo, IA is the county seat of Iowa County, Iowa. This small community joins together historical and contemporary places and amenities. Ruhl&Ruhl Realtors has plenty of homes for sale in Marengo, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Marengo.

Ruhl&Ruhl Realtors has plenty of homes for sale in Marengo, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Marengo.

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1075 Highway 1 West
Iowa City, IA 52246
Phone Number: (319) 339-8111

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