Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Commodore Unit with Two Baths Title is generated by Realmo AI

    111 Center St #140, Lake Geneva, WI 53147

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $229,000

    Turn-key, fully furnished unit with White River views.

    Type:Condominium
    Added:
    Dec 1, 2025
    Days on Market:
    177
    Last Refresh:
    May 19 at 9:07 pm

    Property Features for 111 Center St #140

    General Information

    Standard status
    Active
    Property subtype
    Condominium

    Building Details

    Year Built
    1995

    We can help!

    Listing Contact
    (630) 927-7377

    Listing agent (630) 927-7377

    Listing office Shorewest Realtors

    Listing date Dec 1, 2025

    Source Kw

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Shorewest Realtors

    HighLights

    • Only unit with 2 full baths and private master suite.
    • Turn‑key, fully furnished and beautifully maintained.
    • In‑unit washer/dryer included.
    • Gorgeous White River views from private patio.
    • Steps to downtown Lake Geneva's beach, shopping, and dining.
    • Access to indoor/outdoor pools, hot tubs, fitness center, and sports courts.

    Overview

    This unique Commodore unit features two full baths and a private master suite. The enclosed bedroom includes its own private bath. An in-unit washer and dryer are included. The property is fully furnished and well-maintained, featuring a complete kitchen, flat-screen TVs, a fireplace, a queen sofa sleeper, newer flooring, paint, and drapes. All amenities are conveniently located on one level. The property offers views of the White River from a private patio. Residents have access to indoor and outdoor pools, hot tubs, a fitness center, pickleball, tennis, basketball, and shops. It is located steps from downtown Lake Geneva's beach, shopping, and dining. This property is intended for use as a short-term rental, multifamily property, or residential income property.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Cove of Lake Geneva ... Hotel & Motel Freedom Chiropractic and Wellness Alternative Medicine Practice Lake City Social Restaurant Andy Gump statue Tour Operator The Cove by Owner Bed & Breakfast

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Geneva
    County
    Walworth
    State
    Wisconsin
    Longitude
    -88.4719
    Latitude
    42.5685

    Nearby Similar for Sale

    • $5,900,000
      19,000 SF

      Rare Downtown Lake Geneva Commercial Space

      19,000 SF commercial building in downtown Lake Geneva for sale.
      846 W Main St, Lake Geneva, WI 53147
      View Details
    • Contact for pricing

      Leased Retail Space For Sale

      100% leased retail space with highway visibility and access.
      800 N. Edwards Blvd. | Lake Geneva, WI 53147
      View Details
    • Contact for pricing

      New Retail Development Opportunity

      New retail development suitable for retail, office, or medical tenants.
      351 Peller Road | Lake Geneva, WI 53147
      View Details
    • $275,900

      Lake Geneva Duplex with Hardwood

      Cozy Lake Geneva duplex featuring hardwood floors and old woodwork.
      1104 Pleasant St, Lake Geneva, WI 53147
      View Details
    • $279,000

      Downtown Lake Geneva Retail Business

      Established retail business for sale in downtown Lake Geneva.
      0 Confidential Street, Lake Geneva, WI, 53147
      View Details
    • $325,000

      Updated Apartment with Attached Garage

      Updated 2-bedroom apartment with attached garage, move-in ready.
      500 S Edwards Blvd #31, Lake Geneva, WI 53147
      View Details
    • $3,195,000
      8,800 SF

      Prime Retail Space in Lake Geneva

      Exceptional retail space in Lake Geneva's busiest corner.
      214 Broad Street, LAKE GENEVA, WI, 53147
      View Details

    FAQs

    What type of property is this?
    Short term rental property - Turn-key, fully furnished unit with White River views.
    Where is this short term rental property located?
    The property is located at 111 Center St #140 Lake Geneva, WI.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: Only unit with **2 full baths and private master suite.**; **Turn‑key, fully furnished and beautifully maintained.**; In‑unit washer/dryer included.
    (630) 927-7377
    We can help!
    Listing Contact
    (630) 927-7377
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    111 Center St #140, Lake Geneva, WI 53147
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!