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$465,000
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Property Description
FULLY LEASED Retail Strip Center with 4 units offering prime visibility along busy Route 23 in the heart of Genoa. Built in 2000, this solid brick building has been well maintained and showcases excellent curb appeal. Positioned on nearly an acre at the corner of Route 23 and Pearson Drive, the property benefits from heavy traffic and is surrounded by key local businesses including a Chevy dealership, veterinarian, post office, grocery store, hardware store, banks, and a car wash. Features include, Strong tenant mix with full occupancy, Easy access and parking for 30+ vehicles, Quality finishes throughout, Corner location in Genoa's main commercial corridor. This is an outstanding investment opportunity in one of the best locations in town!
Full Property Details
Full Property Details for 701 Pearson Dr
General
- Price: $465,000
- Taxes: $15,155 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12478329
- Updated: 10/23/2025
- Added to Site: 116 day(s) ago
Business
- Business Type: Retail
Location
- Area: Genoa
- County: DeKalb
- Township: Genoa
- Driving Directions: Rt. 23 to Pearson, Head East on Pearson, Stirp mall on North side of Pearson
- Location Details: Commercial Business Park, Corner
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 1
- Square Feet: 6,500
- Current Bldg. Use: Commercial, Office
- Year Built: 2000
Unit Information
- # Tenants: 4
Lot Features
- Lot Size (Sq. Ft.): 39,204
- Lot Dimensions: 115.41 x 100 x 202 x 193.76 x 151.34 x 2 0.34 x 35.37
- Frontage: City Street, State Road
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $29,251
- Assessment Year: 2000
- Tax Amount: $15,155
- Tax Year: 2024
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 329152107
Listed by Willow Real Estate, Inc
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Schools
Schools serving 701 Pearson Dr
School District:Genoa-Kingston Community Unit School District 424
| Name | Grades | Distance |
|---|---|---|
Genoa Elementary School 602 East Hill Street, Genoa, IL 60135 | 3-5 | 0.2 mi |
Kingston Elementary School, Kingston, IL PO Box 37, Kingston, IL 60145 | PK-2 | 3.7 mi |
Genoa-Kingston Middle School 941 West Main Street, Genoa, IL 60135 | 6-8 | 1.3 mi |
Genoa-Kingston High School 980 Park Avenue, Genoa, IL 60135 | 9-12 | 1.9 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 701 Pearson Dr
Date
Details
Price
Change
Source
9/22/2025
Listed
$465,000
—
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 701 Pearson Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,303
1%
$171,833
8%
2023
$15,155
5%
$159,815
9%
2021
$14,440
-1%
$146,239
1%
2020
$14,523
3%
$144,705
6%
2019
$14,100
3%
$136,193
5%
2018
$13,709
2%
$130,017
4%
2017
$13,438
-1%
$124,909
—
2016
$13,563
-1%
$124,622
2%
2015
$13,660
—
$121,630
—
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 701 Pearson Dr
701 Pearson Drive, Genoa, IL 60135 (MLS# 12478329) is a Commercial property. 701 Pearson Drive is currently listed for $465,000 and was received on September 22, 2025. Want to learn more about 701 Pearson Drive? 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.

