201 W Main Street Genoa, IL $ 399,000
201 W Main Street
$ 399,000
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201 W Main Street

Genoa, IL, 60135
$ 399,000
Bedrooms-- Baths-- Sq 4,000

Monthly Estimate*

$ 2,489

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Commercial Property for sale in Genoa, IL

for $399,000. This 4,000 square foot building was built in 1900 on a lot size of 0.057392.

FULLY RENTED COMMERCIAL SPACE AND 2 RESIDENTIAL APARTMENTS AVAILABLE NOW FOR NEW INVESTOR! NEW-NEW-NEW! - Beautifully refurbished throughout 1st & 2nd floors. New electric, new plumbing, new drywall and trim, new fixtures. First level commercial space includes approximately 1500 square feet of office/retail space, bathroom, finished basement and garage. This commercial space has a 5 year lease with a 3 year option. Current Lease amount is $1500 per month. Second floor showcases 2 - two bedroom apartments that have been totally gutted and professionally improved. There is a washer & dryer upstairs for both tenants to use. These residential rentals are currently rented at $1250 a piece for a one year term. Both tenants would like a long term lease. All units are separately metered. Finished basement offers a massive amount of room for storage. An attached garage is located at the back of the building. Street parking available, as well as a City Parking Lot across the street.

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Commercial Active

Price

$ 399,000

Property Type

Commercial

Taxes

$ 4,897

Style

Lot Size

0.057392

Year Built

1900

Town/City

Genoa

County/Region

De Kalb

MLS | Web ID

12050653

Features
General
Cooling Central Air
Zoning COMMR
Year Built 1900
Electric Separate Meters
Tenant Pays Electricity Heat
Stories Count 2
Township Genoa
Property Subtype Retail
Tax Year 2024
County DeKalb
Net Operating Income 48000
Property Type Commercial Sale Retail/Stores
Status Active
Directions Route 72 To Genoa - Building on North Side of Main Street.
City Genoa
Number Of Units Total 3
MLS Area Genoa
Lot Size Square Feet 2500
Tax Annual Amount 4897.82
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
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Interior
Flooring Vinyl
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Exterior
Building Area Total 4000
Lot Dimensions 25X100
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* Excluded Features
List By
Northern Illinois Realty Llc

Broker

joline@northernillinoisrealty.com

Email

Affordability Calculator

$2,897
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,489
Monthly Property Taxes
$408
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2024$399,000 Listed Price

Map


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201 W Main Street, Genoa, IL, 60135 is a Commercial Property for sale at $399,000 with 4,000 sqft and a lot size of 0.057392. 201 W Main Street was built in 1900. The property's zip code is 60135 which is in Genoa, IL