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    114 N Washington St Genoa, IL 60135

    Sponsored
    For Sale
    $169,000

    COMMERCIAL - Genoa, IL

    Days on Market:
    156
    Last Refresh:
    Jan 6 at 9:06 pm

    Property Features for 114 N Washington St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    0319379001

    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

    Re/Max Classic (815) 784-2800 [email protected]

    Listing agent Tammy Engel (815) 482-3726

    Listing date Aug 4, 2025

    Copyright © 2025 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.

    Overview

    Versatile Commercial Investment Opportunity

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PetroLiance LLC Industrial Gas Supplier

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Genoa
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.696459
    Latitude
    42.098463

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      114 Washington St, Genoa, IL 60135

      Mixed-use properties • 7,300 SF
      114 Washington St, Genoa, IL 60135
      View Details

    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 St 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.
    (815) 784-2800
    Request Owner's contact information
    114 N Washington St Genoa, IL 60135
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    Genoa, IL 60135
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 N Washington St Genoa, IL 60135
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