114 North Washington Street

Genoa, IL 60135

$239,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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.
  1. Listed by Tammy Engel • RE/MAX Classic
  2. Listed by Kelly Badenoch • RE/MAX Classic

Property Details for 114 North Washington Street

Area
Genoa
Township
Genoa
Zoning
COMMR
LISTING UPDATED: 08/22/2024 03:05 PM

Property Details for 114 North Washington Street

StatusActive
MLS #11739492
Days on Market744
Taxes$4,424 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1920
Lot Size-
CountyDeKalb County

Building Information for 114 North Washington Street

Stories2Residences6Year Built1920Lot Size-

Property Information for 114 North Washington Street

General Information
Addtl Parking Information
  • Outdoor Parking: 19-30 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Northwest Suburban
  • Information: 24-Hr Notice Required,List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Individual
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Bldg Heat,Forced Air,Gas
  • Misc Inside: Public Restroom/s,Storage Inside
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
  • Water Drainage: Storm Sewers
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 83X137X55X19X66X141
  • Lot Size Square Feet: 0.0
  • Stories: 2
  • Exterior Building Type: Frame
  • Construction: Wood Frame
  • Roof Type: Composition
  • Fire Protection: Fire Extinguisher/s
  • Roof Structure: Gable,Wood Joists
  • Building Area Total: 7300
  • # Of Offices: 5
  • # Of Stores: 2
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial
  • Public Document Count: 1
  • Document Date: 2023-07-13T17:16:53
  • Photos Count: 33
Miscellaneous
  • Current Use: Commercial
  • Location: Central Business District
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $2,419.00
  • Fuel Expense: $3,267.00
  • Gross Income: $1,700.00
  • Gross Scheduled Income: $20,400.00
  • Insurance Expense: $1,391.00
  • Electric Expense Source: Actual
  • Known Encumbrances: None Known
  • Expense Year: 2022
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 1700
  • Other Expense: $.00
  • Trash Expense: $883.00
  • Water Sewer Expense: $434.00

Property History for 114 North Washington 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 114 North Washington Street

Taxable ValueLand$15,061Additions$35,077Total$50,138
Tax Record2023$4,755 ($396 / month)
Home Facts
StyleMiscellaneous CommercialCountyDEKALBAPN03-19-379-001

Schools near 114 North Washington 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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114 North Washington Street is a mixed use property for sale in Genoa, IL 60135. This property was listed for sale on March 15, 2023 by RE/MAX Classic, it's currently listed at $239,000. It has been on the market for a total of 744 days and was last sold on June 6, 2006. 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. 114 North Washington Street is a 0-bed, 0-bath, mixed use property built in 1920.

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 RE/MAX Classic

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 08/22/2024 03:05 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.