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$399,000
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Property Description
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, finished basement and garage. This commercial space has a 5 year lease with a 3 year option. 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 $1250 a piece for a one year term. Both tenants would like a long term lease. All units are separately metered. Finished 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.
Full Property Details
Full Property Details for 201 W Main St
General
- Price: $399,000
- Taxes: $4,897 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12050653
- Updated: 10/13/2025
- Added to Site: 662 day(s) ago
Interior
- Flooring: Vinyl
Location
- Area: Genoa
- County: DeKalb
- Township: Genoa
- Driving Directions: Route 72 To Genoa - Building on North Side of Main Street.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Drive-In Doors: 1
- Sub-Flooring: Vinyl
- Stories/Levels: 2
- Square Feet: 4,000
- Year Built: 1900
Unit Information
- # Tenants: 1
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 2,500
- Lot Dimensions: 25 x 100
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assessment Year: 1900
- Tax Amount: $4,897.82
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 319454016
Listed by Northern Illinois Realty LLC
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Schools
Schools serving 201 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 | 0.6 mi |
Kingston Elementary School, Kingston, IL PO Box 37, Kingston, IL 60145 | PK-2 | 3.1 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 201 W Main St
Date
Details
Price
Change
Source
5/13/2024
Listed
$399,000
—
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 201 W Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,898
1%
$54,997
8%
2023
$4,851
5%
$51,151
9%
2021
$4,622
-1%
$46,806
1%
2020
$4,648
3%
$46,315
6%
2019
$4,513
3%
$43,590
5%
2018
$4,388
2%
$41,614
4%
2017
$4,301
-1%
$39,979
—
2016
$4,341
-1%
$39,888
2%
2015
$4,372
1%
$38,930
2%
2014
$4,333
2%
$38,264
—
2013
$4,253
1%
$38,207
-9%
2012
$4,194
—
$41,944
—
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 201 W Main St
201 W Main Street, Genoa, IL 60135 (MLS# 12050653) is a Commercial property. 201 W Main Street is currently listed for $399,000 and was received on May 13, 2024. Want to learn more about 201 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.

