Skip To Content

201 W Main Street

Genoa, IL 60135
  • $399,000
  • STATUS: Active
  • ON SITE: 574 Days
  • MLS #: 12050653
UPDATED: 13 min ago
$399,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

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, finished basement and garage. This commercial space has a 5 year lease with a 3 year option. 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 $1250 a piece for a one year term. Both tenants would like a long term lease. All units are separately metered. Finished 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.

Monthly Payment Calculator



© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-12-09T19:02:26.12 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.suburbanliferealty.com/homes/150483373
Print Image

201 W Main Street Genoa, IL 60135

  • Price: $399,000
  • Status: Active
  • On Site: 574 Days
  • Updated: 13 min ago
  • MLS #: 12050653
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
Dekalb
County:
Dekalb
Area:
Dekalb
Property 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, finished basement and garage. This commercial space has a 5 year lease with a 3 year option. 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 $1250 a piece for a one year term. Both tenants would like a long term lease. All units are separately metered. Finished 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.
Interior Features

Cooling Central Air Flooring Vinyl Heat Ventilation Forced AirGas Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 4000 Electric Separate Meters Fire Protection None Gross Scheduled Income 48000 Leasable Area 0 Mls Actual Status Active Net Operating Income 48000 Number Of Tenants 1 Property Offered For Sale Only Property Sub Type Retail Tax Annual Amount 4897.82 Tax Year 2024 Tenant Pays ElectricityHeat Total Monthly Income 4000 Township Genoa Type Retail/Stores Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Northern Illinois Realty LLC: 779-382-0400.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-12-09T19:02:26.12 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12050653-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12050653-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12050653-1.jpg
Logo
Suburban Life Realty
350 Sundown Rd.
South Elgin IL, 60177