Description for
114 N Washington StreetGenoa, IL 60135
An amazing investment property! 5 different First floor Office or Retail Spaces. These spaces will be perfect for so many different uses or needs. This 7300 square feet of rental space; when fully rented out, will allow you a Positive Cash Flow! There is a large approximately 980 square foot store front room that faces Main Street. This room would be perfect for a tenant to lease it for a retail need, a fitness studio or so many other possibilities. The Residential Unit is right above that large room. It has 1 bedroom and 1 bathroom. The apartment has a separate meter and is responsible for its own gas and electric. This apartment is rented currently on a month to month lease. There are 3 units in the center of this building. 2 of them are currently rented on 1 year leases. The rent on these units gives the opportunity for anyone who is working out of their home to also have a nice office if in need of a more quiet working area. The back unit also has an overhead door. There is plenty of parking for the whole unit. The current owner has the parking lot plowed as needed. Come out and take a look. This property allows so much opportunity in so many ways.
Price
$239,000
DeKalb
7,300 (approx)
11739492
Active
Description
An amazing investment property! 5 different First floor Office or Retail Spaces. These spaces will be perfect for so many different uses or needs. This 7300 square feet of rental space; when fully rented out, will allow you a Positive Cash Flow! There is a large approximately 980 square foot store front room that faces Main Street. This room would be perfect for a tenant to lease it for a retail need, a fitness studio or so many other possibilities. The Residential Unit is right above that large room. It has 1 bedroom and 1 bathroom. The apartment has a separate meter and is responsible for its own gas and electric. This apartment is rented currently on a month to month lease. There are 3 units in the center of this building. 2 of them are currently rented on 1 year leases. The rent on these units gives the opportunity for anyone who is working out of their home to also have a nice office if in need of a more quiet working area. The back unit also has an overhead door. There is plenty of parking for the whole unit. The current owner has the parking lot plowed as needed. Come out and take a look. This property allows so much opportunity in so many ways.
Listing Information
Property Type: Mixed Use, Business Opportunities, 2 Story
7,300 (approx)
1920
2
Frame
Commercial
Genoa//
6 Total
Commercial
Neighborhood
Room Information
Exterior / Lot Features
Frame
Composition
83X137X55X19X66X141
COMMR
Driving Directions
MAIN STREET (ROUTE 72) TO WASHINGTON ST - NORTH TO PROPERTY - JUST BEHIND THE GAS STATION
Financial Considerations
0319379001
$4,424
Listing Price History
Genoa Real Estate
Genoa is located in Illinois.
Genoa, Illinois 60135 has a population of 5,020.
The median household income in Genoa, Illinois 60135 is
$71,109.
The median household income for the surrounding county is $64,842
compared to the national median of $66,222.
The median age of people living in Genoa 60135 is 33 years.
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Courtesy: RE/MAX Classic
Listings courtesy of MRED as distributed by MLS GRID
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