114 N Washington Street Genoa, IL $ 239,000
114 N Washington Street
$ 239,000
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114 N Washington Street

Genoa, IL, 60135
$ 239,000
Baths0.0 Sq 7,300

Monthly Estimate*

$ 1,669

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Studio

Commercial Property for sale in Genoa, IL

for $239,000. This 7,300 square foot building was built in 1920.

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.

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Commercial Active

Price

$ 239,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,423

Style

Commercial

Year Built

1920

Town/City

Genoa

County/Region

De Kalb

MLS | Web ID

11739492

Features
General
Cooling Central Individual
Possession Closing
Roof Composition
Zoning COMMR
Construction Materials Wood Frame
Year Built 1920
Electric Circuit Breakers
Tenant Pays Varies by Tenant
Stories 2
Township Genoa
Property SubType Mixed Use
Tax Year 2021
Current Use Commercial
Gross Income 1700
County DeKalb
Insurance Expense 1391
Property Type Commercial Sale Mixed Use
Possible Use Commercial
Status Active
Directions MAIN STREET (ROUTE 72) TO WASHINGTON ST - NORTH TO PROPERTY - JUST BEHIND THE GAS STATION
City Genoa
Total Units 6
MLS Area Genoa
Lot Size Square Feet 0
Street Name Washington
Tax Annual Amount 4423.62
Electric Expense 2419
Fuel Expense 3267
Trash Expense 883
Water Sewer Expense 434
Additional Parcels Y/N N
Days on Market 408
Lease Type Modified Gross
Standard Status Active
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Exterior
Building Area Total 7300
Lot Dimensions 83X137X55X19X66X141
Frontage Type City Street
Exterior Frame
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Interior
Street Suffix Street
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* Excluded Features
List By
Re/Max Classic

Broker

Tammy@eshometeam.com; info@eshometeam.com

Email

Affordability Calculator

$2,038
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,669
Monthly Property Taxes
$369
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/19/2024$239,000 -6.27% Price Down
4/28/2023$255,000 -7.61% Price Down
3/17/2023$276,000 Listed Price

Map


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114 N Washington Street, Genoa, IL, 60135 is a Commercial Property for sale at $239,000 with 7,300 sqft. 114 N Washington Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 60135 which is in Genoa, IL