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Retail Building with Second Floor
For Sale
$125,000

111 Monroe Street, Genoa, IL 60135

A kitchen, full bathroom, and detached garage add practical utility to this two-level commercial property.

Property SizeContact for details
Days on Market441

Property Features for 111 Monroe Street

General Information

Standard status Active
Total Parking Spaces 1
Property subtype Commercial
Zoning COMMR

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $4,616

Building Details

Buildings 2
Stories 2
Units 1
Listing Agency: RE/MAX Classic
Listed By: Tammy Engel · License #471001769
Source: Fishmangroup
Added: Aug 15, 2025 Changed: Oct 25 Last Checked: Oct 26 at 3:49AM

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 RE/MAX Classic

Rey
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Investment Insights

Based on property information with market context.

This retail property at 111 Monroe Street in Genoa has a second floor, kitchen, and full bathroom. A detached one-car garage provides additional parking or storage. The property also includes the separate lot west of the building, measuring 64 x 66 feet and identified as parcel 03-19-379-013.

Route 72 is approximately half a block away. Property updates include a roof replacement in April 2022, an asphalt driveway installed in September 2020, carpet installed in September 2019, a furnace installed in February 2014, a garage door opener installed in 2022, and a stove added in 2021. Zoning is COMMR.

Key Highlights

  • Second floor, kitchen, and full bathroom
  • Separate west lot measures 64 x 66 feet; parcel 03‑19‑379‑013
  • Detached one‑car garage for parking or storage

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Dental Office Hair Salon Spa & Massage Center

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby

Demographics for 60135, IL

7,292
Population
2,923
Households
2.5
Avg Household Size
39
Median Age
15%
College-Educated
88%
High-School Grad
46.8 sq mi
ZIP Area
156
Density / Sq Mi
$87,935
Median Household Income
$47,101
Median Earnings
$1,038
Median Rent
$238,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A kitchen, full bathroom, and detached garage add practical utility to this two-level commercial property.
Where is this retail space located?
The property is located at 111 Monroe Street Genoa, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Second floor, kitchen, and full bathroom; Separate west lot measures 64 x 66 feet; parcel 03‑19‑379‑013; Detached one‑car garage for parking or storage
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