Search
Mixed-Use Property with Storefront Potential
For Sale
Contact for pricing
Pending

111 E EXCHANGE Street, Geneseo, IL 61254

Downtown commercial property combines adaptable ground-floor space with rental units above and multiple recent building updates.

Property SizeContact for details
Days on Market141

Property Features for 111 E EXCHANGE Street

General Information

Standard status Pending
Property subtype Land, Industrial, Office, Retail

Additional Details

Multifamily Units 2
Listing Agency: Mel Foster Co. Geneseo
Listed By: Becky Blackert · License #471021911/B65498000
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:06AM

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 Mel Foster Co. Geneseo

Investment Insights

Based on property information with market context.

This mixed-use property includes a large, flexible main-floor area currently separated by temporary walls, along with 2 rental units on the second floor. The ground level can be configured as 2 storefronts, offering adaptable commercial space within the existing building layout.

Property improvements include a roof approximately 5-7 years old, a newer deck and rear stairs, and replacement windows throughout most of the building. The main-floor HVAC system was completely replaced in 2004. Located in downtown Geneseo, the property supports a combination of commercial space and residential rental use.

Key Highlights

  • 2 rental units located on the second floor
  • Large main‑floor area with temporary interior divisions
  • Main floor can be configured as 2 Store Fronts

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Auto Parts Store Big Box & Wholesale Store HVAC Service Building Supply Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

577
Businesses Nearby

Demographics for 61254, IL

11,587
Population
5,233
Households
2.2
Avg Household Size
46
Median Age
37%
College-Educated
96%
High-School Grad
166.5 sq mi
ZIP Area
70
Density / Sq Mi
$81,141
Median Household Income
$53,634
Median Earnings
$951
Median Rent
$217,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown commercial property combines adaptable ground-floor space with rental units above and multiple recent building updates.
Where is this mixed-use property located?
The property is located at 111 E EXCHANGE Street Geneseo, IL.
What are key features of this property?
This property features: 2 rental units located on the second floor; Large main‑floor area with temporary interior divisions; Main floor can be configured as 2 Store Fronts
(309) 507-2131 Call to check price and availability
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