105 North Locust Street

Genoa, IL 60135

$299,900
Price
11
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment opportunity steps away from downtown Genoa situated on a corner lot with frontage on Rt. 72, featuring a brick and aluminum siding exterior with five units that are fully leased. There are two 3 bedroom apartments, two 2 bedroom apartments, and a 1 bedroom apartment. All are in good condition. There are three separate entrances and four of the apartments have their own laundry rooms. Terrific curb appeal and plenty of parking!Great investment opportunity steps away from downtown Genoa situated on a corner lot with frontage on Rt. 72, featuring a brick and aluminum siding exterior with five units that are fully leased. There are two 3 bedroom apartments, two 2 bedroom apartments, and a 1 bedroom apartment. All are in good condition. There are three separate entrances and four of the apartments have their own laundry rooms. Terrific curb appeal and plenty of parking!
  1. Listed by Blake Bauer • Baird & Warner

Property Details for 105 North Locust Street

Area
Genoa
Township
Genoa
Zoning
MULTI
LISTING UPDATED: 08/19/2024 04:47 PM

Property Details for 105 North Locust Street

StatusActive
MLS #10613326
Days on Market1792
Taxes$8,226 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1935
Lot Size0.20 AC / 8,712 SF
CountyDeKalb County

Building Information for 105 North Locust Street

Stories2Residences5Year Built1935Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 105 North Locust Street

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: City Street, US Highway
  • Information: Show-Call Listing Office,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Fuses
  • # Of Washers: 2
  • Basement Description: Finished, Exterior Access, Bathroom Rough-In
  • Heat/Ventilation: Central Bldg Heat,Zoned
  • # Of Window/Ac: 3
  • # Of Refrigerators: 5
  • Washer/Dryer Lsd: No
  • Misc Inside: Inside Corridor/s
  • # Of Dryers: 2
  • # Of Dishwashers: 0
  • Num of Baths: 5.0
Utilities / Equipment
  • Utilities: Sanitary Sewer, Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat, Other, Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 66X142
  • Stories: 2
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Composition, Rubber
  • Fire Protection: None
  • Roof Structure: Flat,Hip
  • Foundation Details: Block, Concrete Perimeter
  • # Of Ranges: 5
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial
  • Buyer Financing: Conventional
  • Public Document Count: 1
  • Document Date: 2020-01-17T16:19:11
  • Photos Count: 9
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Sidewalks
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $2,400.00
  • Fuel Expense: $2,100.00
  • Gross Income: $42,420.00
  • Gross Scheduled Income: $42,420.00
  • Insurance Expense: $2,244.00
  • Maintenance Expense: $.00
  • Manager Expense: $.00
  • Electric Expense Source: Owner Projection
  • Expense Year: 2018
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Other Expense Source: Owner Projection
  • Repairs-Decor Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 3535
  • Water Expense Source: Owner Projection
  • Net Operating Income: $24,955.00
  • Operating Expense: $17,464.00
  • Other Expense: $.00
  • Trash Expense: $5,820.00
  • Water Sewer Expense: $2,016.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 105 North Locust Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 105 North Locust Street

Taxable ValueLand$12,425Additions$73,662Total$86,087
Tax Record2023$8,164 ($680 / month)
Home Facts
Beds0StyleSingle Family ResidenceCountyDEKALBAPN03-19-456-019

Schools near 105 North Locust Street

This home is within Genoa Kingston Community Unit School District 424.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Rating
School
Distance
Davenport Elementary School
PublicPK to 1

Kingston Elementary School
PublicPK to 2

Genoa Elementary School
Public3 to 5

Genoa-Kingston Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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105 North Locust Street is a multi-family home for sale in Genoa, IL 60135. This property was listed for sale on January 17, 2020 by Baird & Warner, it's currently listed at $299,900. It has been on the market for a total of 1792 days and was last sold on May 27, 2009. This listing's school district is Genoa Kingston Community Unit School District 424. Nearby schools include Davenport Elementary School, Kingston Elementary School and Genoa Elementary School. 105 North Locust Street is a 11-bed, 5-bath, multi-family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 08/19/2024 04:47 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.