Unique Investment Opportunity! Don’t pass up the chance to snag a mixed-use rental property that cash flows, in the heart of downtown Genoa! This property is currently under construction and is being completely rehabbed. Take advantage of a LOW RENT MULTIPLIER while still under construction. Once rehab is complete, the price will increase. The one bedroom apartment on the second floor has a current lease through April 30, 2027. The commercial space on the first floor has a one-year lease, beginning on 10/1/26. Tenant will be opening a book store. Parking lot for the building is in the rear. You may tour the first floor space with short notice, but 24 hour notice preferred to view the apartment on the second floor. Being sold AS IS. *There are currently no pictures of the commercial space on the first floor, as it is under construction, but showings are welcome! Pictures will be updated as work is completed.
Property Details
Price:
$185,000
MLS #:
MRD12755620
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
genoa
Listed Date:
Sep 9, 2026
Year Built:
1900
See this Listing
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Wood
Stories
2
Financial
Tax Year
2025
Taxes
$3,955
Map
Community
- Address101 W Main Street Genoa IL
- CityGenoa
- CountyDeKalb
- Zip Code60135
Market Summary
Current real estate data for Commercial in Genoa as of Oct 05, 2026
7
Commercial Listed
327
Avg DOM
$358,500
Avg List Price
Property Summary
- 101 W Main Street Genoa IL is a Commercial for sale in Genoa, IL, 60135. It is listed for $185,000
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Copyright 2026. All rights reserved.
101 W Main Street
Genoa, IL

