Apartment Building

Genoa, IL Apartment Buildings for Sale

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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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1 active listing matches your search: Apartment Building for sale in Genoa, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Mixed-Use Building with Storefronts
Mixed-Use Building with Storefronts

115 S Main Street, Algonquin, IL 60102

$1,695,000
0.2 acres  1 building  Built 1892  Multi-tenant
Road access

Historic brick property combines residential apartments with commercial space and updated building systems.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

640-648 S Main Street, Algonquin, IL 60102

Contact for pricing
14,100 sqft  1.17 acres  1 building  3-story  Multi-tenant
Highway access + Road access

Three-story configuration includes one-bedroom residences, commercial suites, shared laundry, and on-site parking.

41 parking spaces  On-site laundry facility
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85-Unit Garden-Style Apartment Property
85-Unit Garden-Style Apartment Property

802 Kimberly Drive, Dekalb, IL 60115

$6,300,000
85 units  3 buildings  Built 1962  garden-style

Three brick residential buildings offer varied floor plans near Northern Illinois University and local employment centers.

2 x Studio  17 x 1BR  52 x 2BR  14 x 3BR
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100-Unit Apartment Portfolio
100-Unit Apartment Portfolio

830 EDGEBROOK DR, Dekalb, IL 60115

Contact for pricing
100 units  7 buildings

Individual HVAC systems and gas meters serve each unit, with tenants responsible for gas used for heat and cooking.

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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 apartment complexes 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%

High-Yield Neighborhoods for Investment

Identify Genoa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60135 $399K

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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