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    Kingston, IL Sycamore, IL Garden Prairie, IL Marengo, IL Kirkland, IL Hampshire, IL Dekalb, IL Maple Park, IL
    Refurbished Mixed-Use Property For Sale
    Updated: Jul 15, 2024
    Refurbished Mixed-Use Property For Sale

    201 W Main St, Genoa, IL 60135

    $399,000
    1,500 sqft
    Fully rented commercial space and 2 residential apartments provide immediate income for a new investor.
    Recently refurbished throughout the 1st and 2nd floors with new electric, plumbing, drywall, trim, and fixtures.
    Commercial space has a 5‑year lease with a 3‑year option, generating $1500 per month.**
    Two 2‑bedroom apartments are rented at $1250 each on a one‑year term, with tenants desiring long‑term leases.**
    Each unit is separately metered, simplifying utility management.
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    This listing looks promising.

    Here's a quick look at some key insights for

    201 W Main St, GENOA, IL, 60135-1145

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $25K
      Annual

    • Price @ 7% Cap

      $362K
      Suggested
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Genoa, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    48-Unit Apartment Complex
    48-Unit Apartment Complex

    604-620 E Grant Highway, Marengo, IL 60152

    $6,999,970
    2.42 AC lot

    Two garden-style buildings provide separately metered apartments, with an onsite office, storage structure, and paved parking.

    View details
    Brick Multifamily Investment Property
    Brick Multifamily Investment Property

    901, 915 & 927 W. Hillcrest Dr., Dekalb, IL 60115

    Contact for pricing
    14,840 sqft

    Fourteen thousand buildings? No—22-unit multifamily across three brick buildings with separate electric and gas metering.

    View details
    48-Unit Garden Apartment Complex
    48-Unit Garden Apartment Complex

    604-620 E Grant Highway, Marengo, IL 60152

    $6,999,970

    Two-story garden-style buildings provide separate utilities and a mix of one- and two-bedroom apartments.

    View details
    Purpose-Built Fraternity Apartment Building
    Purpose-Built Fraternity Apartment Building

    928 W Hillcrest Drive, Dekalb, IL 60115

    Contact for pricing
    15,106 sqft

    A 30-room fraternity-focused building with communal baths, chapter rooms, study areas, and on-site dining and kitchen facilities.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details

    Genoa, IL Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Genoa, IL on our real estate platform. These investment opportunities span a total of 1,500 square feet of properties for sale, with an estimated market value of $399,000.

    Sale prices for two-family homes in Genoa, IL average $399,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 7,486
    Population Growth (5Y) +8.4%
    Median Household Income $87,935
    College Educated 19.1%

    Taxes & Financing

    Tax Rate (average for all types) 9.29%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in DeKalb County

    New Delisted

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