101 W Main Street, Genoa, IL

$185,000

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About 101 W Main Street

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.

Features of 101 W Main Street

MLS® # 12755620
Price $185,000
Bathrooms 0.00
Year Built 1900
Type Commercial Sale
Sub-Type Mixed Use
Commercial Sub-Type Mixed Use
Status New
Taxes $3,955

Community Information

Address 101 W Main Street
Area Genoa
City Genoa
County DeKalb
State IL
Zip Code 60135

Amenities

Is Waterfront No
New Construction No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Wood
Foundation Concrete Perimeter

Additional Information

Days on Market 2
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSuburban Life Realty

Listing Map

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