201 W Main Street
Genoa, IL, 60135
$349,500
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12050653 image #0
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.

Property Details

Price:
$349,500
MLS #:
MRD12050653
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Retail
Neighborhood:
genoa
Listed Date:
May 13, 2024
Total Sq Ft:
4,000
Year Built:
1900
GenoaGenoa

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Schools

Interior

Cooling
Central Air
Flooring
Vinyl

Exterior

Stories
2

Financial

HOA Fee Frequency
Not Applicable
Net Operating Income
$54,000
Tax Year
2025
Taxes
$4,984

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Community

Market Summary

Current real estate data for Commercial in Genoa as of Oct 04, 2026
8
Commercial Listed
293
Avg DOM
$363,688
Avg List Price

Property Summary

    201 W Main Street Genoa IL is a Commercial for sale in Genoa, IL, 60135. It is listed for $349,500

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