Genoa, IL 60135 201 W Main Street
$399,000



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Presented By: Northern Illinois Realty LLC
Home Details
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.
Presented By: Northern Illinois Realty LLC
Interior Features for 201 W Main Street
Other Interior Features
FlooringVinyl
General for 201 W Main Street
Additional Parcels Y/NNo
CityGenoa
CoolingCentral Air
CountyDeKalb
DirectionsRoute 72 To Genoa - Building on North Side of Main Street.
ElectricSeparate Meters
Leasable Area
Lot Size Square Feet2500
MLS AreaGenoa
Net Operating Income48000
Number Of Units Total3
Property SubtypeRetail
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount4897.82
Tax Year2024
Tenant PaysElectricity, Heat
TownshipGenoa
Year Built1900
ZoningCOMMR
Exterior for 201 W Main Street
Building Area Total4000
Lot Dimensions25X100
Additional Details
Price History

SQFT • 4,000