201 W Main StreetGenoa, IL 60135

Description

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 Information

Property type

Commercial Sale

Sub-type

Retail

Year built

1900

Stories

2

Building area

4,000 Sq Ft

Lot size

2,500 Sq Ft

Lot dimensions

25X100

Zoning

COMMR

Days on market

898

MLS^® Listing#

12050653

Property Features

Cooling

Central Air

Flooring

Vinyl

Financial Details

Annual taxes

$4,984Tax year 2025

Parcel number

0319454016

Directions

Route 72 To Genoa - Building on North Side of Main Street.