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114 N Washington Street

Genoa, IL 60135
  • $239,000
  • STATUS: Active
  • ON SITE: 465 Days
  • MLS #: 11739492
UPDATED: 71 min ago
$239,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

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.

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© 2024 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 Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2024-06-25T11:04:00.617 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.

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114 N Washington Street Genoa, IL 60135

  • Price: $239,000
  • Status: Active
  • On Site: 465 Days
  • Updated: 71 min ago
  • MLS #: 11739492
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
Neighborhood:
Dekalb
County:
Dekalb
Area:
Dekalb
Property 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.
Exterior Features

Exterior Building Type Frame Frontage Type City Street Outdoor Parking 19-30 Spaces Roof Composition Roof Structure GableWood Joists Water Drainage Storm Sewers

Interior Features

Cooling Central Individual Heat Ventilation Central Bldg HeatForced AirGas Miscellaneous Inside Public Restroom/sStorage Inside

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 7300 Built Before1978 YN Yes Current Use Commercial Electric Circuit Breakers Fire Protection Fire Extinguisher/s Geographic Locale Northwest Suburban Gross Income 1700 Gross Scheduled Income 20400 Insurance Expense 1391 Location Central Business District Mls Actual Status Active Number Of Tenants 6 Ownership Types Land Trust Possible Use Commercial Property Sub Type Mixed Use Rental Price 36.85 Seller Needs Cash Tax Annual Amount 4423.62 Tax Year 2021 Tenant Pays Varies by Tenant Total Monthly Income 1700 Township Genoa Type Mixed Use Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of RE/MAX Classic: 815-784-2800.


© 2024 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 Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2024-06-25T11:04:00.617 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
 
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