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$185,000 Just Listed
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Property Description
Unique Investment Opportunity! Don't pass up the chance to snag a mixed-use rental property that cash flows, in the heart of downtown Genoa! This property is currently under construction and is being completely rehabbed. Take advantage of a LOW RENT MULTIPLIER while still under construction. 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 commercial space on the first floor has a one-year lease, beginning on 10/1/26. Tenant will be opening a book store. 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. *There are currently no pictures of the commercial space on the first floor, as it is under construction, but showings are welcome! Pictures will be updated as work is completed.
Full Property Details
Full Property Details for 101 W Main St
General
- Price: $185,000
- Taxes: $3,954 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12755620
- Updated: 9/9/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Basement
Additional Information
- Security/Safety: Alarm on Site
Location
- Area: Genoa
- County: DeKalb
- Township: Genoa
- Driving Directions: Northwest corner of Main Street and Sycamore Street
- Location Details: Far West, Central Business District
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air
Structural Information
- Construction: Wood
- Exterior Const.: Wood
- Foundation: Concrete Perimeter
- Stories/Levels: 2
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- # Tenants: 2
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
Lot Features
- Lot Size (Sq. Ft.): 4,066
- Lot Dimensions: 44.3 x 102.5 x 32.6 x 109
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $150
- Security Deposit: Alarm On Site
- Assessment Year: 1900
- Tax Amount: $3,954.56
- Tax Year: 2025
- Tenant Pays: All Utilities
Disclosures and Reports
- Property ID: 319455017
Listed by Suburban Life Realty
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Schools
Schools serving 101 W Main St
School District:Genoa-Kingston Community Unit School District 424
| Name | Grades | Distance |
|---|---|---|
Genoa Elementary School 602 East Hill Street, Genoa, IL 60135 | 3-5 | 0.5 mi |
Kingston Elementary School, Kingston, IL PO Box 37, Kingston, IL 60145 | PK-2 | 3.2 mi |
Genoa-Kingston Middle School 941 West Main Street, Genoa, IL 60135 | 6-8 | 0.6 mi |
Genoa-Kingston High School 980 Park Avenue, Genoa, IL 60135 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 101 W Main St
Date
Details
Price
Change
Source
9/09/2026
Listed
$185,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 101 W Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,886
—
$47,420
9%
2024
$3,886
1%
$43,633
8%
2023
$3,848
5%
$40,581
9%
2021
$3,667
-1%
$37,134
1%
2020
$3,688
3%
$36,744
6%
2019
$3,580
3%
$34,582
5%
2018
$3,481
2%
$33,014
4%
2017
$3,412
-1%
$31,717
—
2016
$3,444
-1%
$31,645
2%
2015
$3,469
1%
$30,885
2%
2014
$3,438
2%
$30,356
—
2013
$3,374
1%
$30,311
-9%
2012
$3,327
—
$33,276
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 101 W Main St
101 W Main Street, Genoa, IL 60135 (MLS# 12755620) is a Commercial property. 101 W Main Street is currently listed for $185,000 and was received on September 09, 2026. Want to learn more about 101 W Main Street? Do you have questions about finding other Commercial real estate for sale in Genoa? You can browse all Genoa real estate or contact a Coldwell Banker agent to request more information.

