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$ 239,000
Est. payment | /mo
7,300 SqFt
$ 239,000
Est. payment | /mo
7,300 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,300 sqft
Price per Sqft $32
MLS Listing ID 11739492
Year Built 1920
Annual Tax Amount $4,423
Tax Year 2022
Lot Dimensions 83X137X55X19X66X141
Property Description
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.
Location
State IL
County Dekalb
Area Genoa
Zoning COMMR
Interior
Cooling Central Individual
Fireplace N
Exterior
Roof Type Composition
Building
Dwelling Type Mixed Use
Level or Stories 2
Structure Type Wood Frame
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Listed by Tammy Engel • RE/MAX Classic
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Sarah Leonard
Broker | Owner