114 N Washington Street Genoa IL 60135 MLS #MRD11739492

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An amazing investment property! 5 different First floor Office or Retail Spaces. These spaces will be perfect for so many different uses or needs. This 7300 square feet of rental space; when fully rented out, will allow you a Positive Cash Flow! There is a large approximately 980 square foot store front room that faces Main Street. This room would be perfect for a tenant to lease it for a retail need, a fitness studio or so many other possibilities. The Residential Unit is right above that large room. It has 1 bedroom and 1 bathroom. The apartment has a separate meter and is responsible for its own gas and electric. This apartment is rented currently on a month to month lease. There are 3 units in the center of this building. 2 of them are currently rented on 1 year leases. The rent on these units gives the opportunity for anyone who is working out of their home to also have a nice office if in need of a more quiet working area. The back unit also has an overhead door. There is plenty of parking for the whole unit. The current owner has the parking lot plowed as needed. Come out and take a look. This property allows so much opportunity in so many ways.

Property Details

Price:
$169,000
MLS #:
MRD11739492
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
Genoa
Listed Date:
Mar 15, 2023
Total Sq Ft:
7,300
Year Built:
1920
GenoaGenoa

Schools

Interior

Cooling
Central Individual

Exterior

Construction Materials
Wood, Frame
Roof
Composition

Financial

Tax Year
2022
Taxes
$4,424

Listing Agent & Office

Tammy Engel
RE/MAX Classic

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