Genoa, IL 60135
$349,500
Mark Quesada
Broker / Owner
LIC #475144827
FULLY RENTED COMMERCIAL SPACE AND 2 RESIDENTIAL APARTMENTS AVAILABLE NOW FOR NEW INVESTOR! NEW-NEW-NEW! - Beautifully refurbished throughout 1st & 2nd floors. New electric, new plumbing, new drywall and trim, new fixtures. First level commercial space includes approximately 1500 square feet of office/retail space, bathroom, basement and garage. This commercial space has a 3 year lease. Current Lease amount is $1500 per month. Second floor showcases 2 - two bedroom apartments that have been totally gutted and professionally improved. There is a washer & dryer upstairs for both tenants to use. These residential rentals are currently rented at $1500 a piece. One tenant would like a long-term lease. All units are separately metered. Basement offers a massive amount of room for storage. An attached garage is located at the back of the building. Street parking available, as well as a City Parking Lot across the street. After expenses, property nets over $40,000 a year.
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$2,579/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by Joline Latimer, Northern Illinois Realty LLC
MLS# MRD12050653 · Under Contract
History reflects records reported to the MLS and may be incomplete.