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Mirrored Duplex Investment

417-419 Jackson Street Genoa, IL 60135

417-419 Jackson Street, Genoa, IL, 60135
$325,000
Pending
For Sale
$325,000
Pending

Mirrored two-unit duplex features two bedrooms and one full bath per side with full basements and an extra-long one-car garage.

Property Size1,830 SF
Days on Market22

Property Features for 417-419 Jackson Street

General Information

Standard status
Pending
Size
1,830 SF
Property subtype
Two to Four Units / Duplex Side By Side

Building Details

Year Built
1989
Listing agency Redfin Corporation
Listed by Rebekah Wipperfurth · License #475162402
Source Compass
Added: Jul 1 Updated: Jul 21 at 8:45PM Checked: Jul 21 at 8:45PM

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 Redfin Corporation


Investment Insights

Based on property information with market context.

This for-sale mirrored duplex offers two separate residential units, each with two bedrooms and one full bathroom. The layout includes a spacious kitchen and a front room, and both units include full basements. An extra-long one-car garage accommodates both units, and the property provides plenty of parking.

The property is described as within walking distance to a coffee shop and the downtown area of Genoa with additional restaurants and shopping. Easy access to I-90 and I-88 is also noted.

The asset is presented as a residential income property, with the option to live in one unit and rent the other or rent both units.

Key Highlights

  • 1989‑built mirrored two‑unit duplex with 2 bedrooms and 1 full bath per side
  • Each unit includes a full basement
  • Extra‑long one‑car garage for both units

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $36.7k $20.04
− Vacancy −$2.8k −$1.50
EGI $33.9k $18.54
− OpEx −$10.2k −$5.56
NOI $23.7k $12.98
1,830 SF · lease $20.04/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$339.2K
$296.8K – $395.8K (±1% cap)
NOI $23,746 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$303.3K
$265.4K – $353.8K (±1% cap)
NOI $21,230 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$631.8K
$552.8K – $737.1K (±1% cap)
NOI $44,227 @ 7.0% cap · market cap 13.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Building Supply Dental Office Spa & Massage Center Hair Salon Electrical Service Skin Care Clinic Auto Parts Store Grocery & Convenience Store

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

FAQs

What type of property is this?
Duplex - Mirrored two-unit duplex features two bedrooms and one full bath per side with full basements and an extra-long one-car garage.
Where is this duplex located?
The property is located at 417-419 Jackson Street Genoa, IL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1989‑built mirrored two‑unit duplex with 2 bedrooms and 1 full bath per side; Each unit includes a full basement; Extra‑long one‑car garage for both units
Contact an agent
More about this property
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