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    Genoa, IL
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    Genoa, IL Multifamily Properties for Sale

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    Sycamore, IL Kingston, IL Hampshire, IL Garden Prairie, IL Marengo, IL Kirkland, IL Clare, IL Dekalb, IL
    Refurbished Mixed-Use Property For Sale
    Updated: Jul 15, 2024
    Refurbished Mixed-Use Property For Sale

    201 W Main St, Genoa, IL 60135

    $399,000
    1,500 sqft
    Fully rented commercial space and 2 residential apartments provide immediate income for a new investor.
    Recently refurbished throughout the 1st and 2nd floors with new electric, plumbing, drywall, trim, and fixtures.
    Commercial space has a 5‑year lease with a 3‑year option, generating $1500 per month.**
    Two 2‑bedroom apartments are rented at $1250 each on a one‑year term, with tenants desiring long‑term leases.**
    Each unit is separately metered, simplifying utility management.
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    See hot listings in Genoa

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Genoa, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    100-Unit Apartment Portfolio
    100-Unit Apartment Portfolio

    830 EDGEBROOK DR, Dekalb, IL 60115

    Contact for pricing

    Individual HVAC systems and gas meters serve each unit, with tenants responsible for gas used for heat and cooking.

    View details
    85-Unit Garden-Style Apartment Property
    85-Unit Garden-Style Apartment Property

    802 Kimberly Drive, Dekalb, IL 60115

    $6,300,000

    Three brick residential buildings offer varied floor plans near Northern Illinois University and local employment centers.

    View details
    Ranch Multifamily Property
    Ranch Multifamily Property

    Marengo, IL 60152

    $469,900
    0.24 AC lot

    Ranch-style multifamily property in Marengo, IL, zoned MULTI, on a 0.24-acre lot.

    View details
    Three-Unit Ranch Triplex
    Three-Unit Ranch Triplex

    455 Park Drive, Marengo, IL 60152

    Contact for pricing

    Freestanding multifamily property with separately metered residences and attached garages, offering a mix of occupied and vacant units.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

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    Off-Market Properties in Genoa, IL

    Consider similar Off-Market properties in Genoa, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    14025 Il-72
    Multifamily properties

    14025 Il-72, Genoa, IL 60135

    Estimated value: by Request
    34.00 AC lot
    View details

    Genoa, IL Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Genoa, IL on our real estate platform. These investment opportunities span a total of 1,500 square feet of properties for sale, with an estimated market value of $399,000.

    Sale prices for multifamily properties in Genoa, IL average $399,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    Demographics Overview

    Population 7,486
    Population Growth (5Y) +8.4%
    Median Household Income $87,935
    College Educated 19.1%

    High-Yield Neighborhoods for Investment

    Identify Genoa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60135 $399K

    Taxes & Financing

    Tax Rate (average for all types) 9.29%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in DeKalb County

    New Delisted

    How Realmo verifies these figures

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