Courtesy of Suburban Life Realty, Townsend Karen
, karent@suburbanliferealty.com
101 W Main, Genoa, Illinois, 60135
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.
Active
$185,000
Commercial
MLS
12755620
Built in 1900
3954.56 (2025)
Disclaimer: The information contained in this listing has not been verified by Suburban Life Realty and should be verified by the buyer.
Information provided by MRED
REQUEST MORE INFO
ADDRESS & DIRECTIONS
Street Address: 101 W Main
City: Genoa
State: Illinois
County: DeKalb
Directions: Northwest corner of Main Street and Sycamore Street
PROPERTY FEATURES
Heating /Cooling Features
Cooling: Window Unit(s)
Construction Features
Construction Materials: Wood
Foundation Details: Concrete Perimeter
Utility Information
Electric : Circuit Breakers, Fuses, Separate Meters
SCHOOLS NEAR 101 W Main
Listings courtesy of Midwest Real Estate Data (MRED) | Chicago Association of REALTORS® as distributed by MLS GRID.
The information being provided by Greater Northwest Indiana Association of REALTORS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information related to real estate for sale referenced on the web site comes from Internet data exchange (IDX) program of the Greater Northwest Indiana Association of REALTORS. 618-Coldwell Banker Realty - Chicago is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of 618 Coldwell Banker Realty – Chicago, a broker participant of Greater Northwest Indiana Association of REALTORS. 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.
The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes is, deemed reliable but not guaranteed and should not be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Greater Northwest Indiana Association of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited
Courtesy of Suburban Life Realty, Townsend Karen
Property last updated on MRED : 9/10/2026 1:29:28 AM