Apartment Building

Genoa, IL Apartment Buildings for Sale

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Sycamore, IL Kingston, IL Hampshire, IL Garden Prairie, IL Marengo, IL Kirkland, IL Clare, IL Dekalb, 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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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Genoa, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Two-Story Garden-Style Apartment Buildings
Two-Story Garden-Style Apartment Buildings

604-620 E Grant Hwy, Marengo, IL 60152

$6,999,970
49,680 sqft

Fully occupied multifamily property with separate utility metering, recent exterior improvements, and on-site laundry facilities.

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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 a fully occupied multifamily asset with separate utility metering and updated exterior components.

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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

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

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100-Unit Apartment Portfolio
100-Unit Apartment Portfolio

830 EDGEBROOK DR, Dekalb, IL 60115

Contact for pricing

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 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%

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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