Description
Unique Investment Opportunity! Don't pass up the chance to snag a rental property that cash flows, in the heart of downtown Genoa! This property is currently under construction and is being completely rehabbed. The current list price is for a cash offer. Once rehab is complete, the price will increase. The one bedroom apartment on the second floor has a current lease through April 30, 2027. The office space on the first floor has a five-year lease, which they are willing to keep or negotiate with seller, if seller would like to use the space instead. Parking lot for the building is in the rear. You may tour the first floor space with short notice, but 24 hour notice preferred to view the apartment on the second floor. Being sold AS IS.
Details
| MLS # | 12658683 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 91 |
| Listing Provided By | Suburban Life Realty | Karen Townsend |
Features
| Story(s) | 2 |
|---|---|
| Units | 2 |
| Zoning | COMMR |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Fireplaces Total | 0 |
Exterior
| Foundation Details | Concrete Perimeter |
|---|---|
| Construction Materials | Wood |
Utilities
| Electric | Circuit Breakers, Fuses, Separate Meters |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 3954.56 |
Area Information
| State | IL |
|---|---|
| County | DeKalb |
| City | Genoa |
| Zip Code | 60135 |
| Area | Genoa |
| Listing VS Median (in 60135) | |
Price: $175,000 low | high Med: $362,450 On site: 91 low | high Med: 141 | |
Market Activity 60135
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Learn More About This Property
| State | IL |
|---|---|
| County | DeKalb |
| City | Genoa |
| Zip Code | 60135 |
| Area | Genoa |
| Listing VS Median (in 60135) | |
Price: $175,000 low | high Med: $362,450 On site: 91 low | high Med: 141 | |
Nearby Listings (Within 1/10 mile)
Price: $131K - $218K
sqft: 0 - 0
Listing Updated: July 9, 2026 at 12:12:17 PM PDT