$395,000

201 W Main Street, Genoa IL, 60135

Price per sqft$98.75

Built in1900

Property size4,000 sqft

Property typeCommercial

Listed by Joline Latimer with Northern Illinois Realty LLC 779-382-0400

Overview

Active

Re-activated

Listed May 13, 2024

Updated 11h ago

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, basement and garage. This commercial space has a 3 year lease. 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 $1500 a piece. One tenant would like a long-term lease. All units are separately metered. 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. After expenses, property nets over $40,000 a year.

Additional information

MLS^® ID: 12050653

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.06 Acres

Other Property Details

Taxes: $4,984
Tax Frequency: Annually

Listed by Joline Latimer with Northern Illinois Realty LLC 779-382-0400

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