Versatile Commercial Investment
114 N Washington Street Genoa, IL 60135
For Sale
Under Contract
$169,000
COMMERCIAL - Genoa, IL
Days on Market1230
Property Features for 114 N Washington Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMMR
- Standard status
- Active Under Contract
- APN
- 0319379001
Taxes and HOA fees
- Tax Year
- 2022
- Tax Annual Amount
- 4424
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 6
- Building materials
- Wood, Frame
- Roof type
- Composition
Listing Agency:
RE/MAX Classic
(815) 784-2800
Listed By:
Tammy Engel · License #471001769
(815) 784-2800
Added: Mar 15, 2023
Changed: May 8
Last Checked: Jul 26 at 1:06PM
MLS# 11739492
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a mixed-use investment property featuring five first-floor office or retail spaces, offering versatility for various business needs. The property includes approximately 7300 square feet of rental space, presenting the potential for positive cash flow when fully leased. A large storefront room, approximately 980 square feet, faces Main Street and is suitable for retail, a fitness studio, or other ventures. Above this space is a one-bedroom, one-bathroom residential unit with a separate meter for gas and electric, currently rented on a month-to-month lease. The building also contains three units in the center, two of which are currently rented on one-year leases, providing an opportunity for home-based workers to have a dedicated office space. The back unit includes an overhead door. Ample parking is available, with the current owner managing snow removal. Located in Genoa, Illinois, this property offers diverse opportunities.
Key Highlights
- Positive cash flow potential from 7300 sq ft of rental space.
- Five first‑floor office/retail spaces offer diverse tenant possibilities.
- Large (approx. 980 sq ft) storefront facing Main Street ideal for retail or studio.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
PetroLiance LLC
Industrial Gas Supplier
FAQs
What type of property is this?
Retail space - Mixed-use property with retail, office, and residential spaces.
Where is this retail space located?
The property is located at 114 N Washington Street Genoa, IL.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Positive cash flow potential from 7300 sq ft of rental space.; Five first‑floor office/retail spaces offer diverse tenant possibilities.; Large (approx. 980 sq ft) storefront facing Main Street ideal for retail or studio.
