308 W Main Street, GENOA IL 60135 Photo 1 308 W Main Street, GENOA IL 60135 Photo 2 308 W Main Street, GENOA IL 60135 Photo 3 308 W Main Street, GENOA IL 60135 Photo 4 308 W Main Street, GENOA IL 60135 Photo 5 308 W Main Street, GENOA IL 60135 Photo 6 308 W Main Street, GENOA IL 60135 Photo 7 308 W Main Street, GENOA IL 60135 Photo 8 308 W Main Street, GENOA IL 60135 Photo 9 308 W Main Street, GENOA IL 60135 Photo 10 308 W Main Street, GENOA IL 60135 Photo 11 308 W Main Street, GENOA IL 60135 Photo 12
Listing Courtesy of Rvg Commercial Real Estate

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308 W Main Street - Extremely well-maintained retail building. Would make a great owner operated building with leases to cover mortgage. In addition to three separate retail spaces, building has two - 1 bedroom, 1 bath apartments upstairs. When fully leased, the building has a great cap rate 9.65. Only 1,600 sq.ft. left to rent or operate in. Newer roof, HVAC and wiring.

Listing information

  • MLS® ID: 09050905
  • Stories: 2
  • Foreclosure: No
  • Style: Retail / Hospitality / Service
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $4,667
  • Status: Active
  • New Construction: No
  • County: De Kalb

Features

Air Conditioning Central Individual
Approximate Age 36-50 Years
Construction Brick, Concrete
Current Use Commercial, Condominium
Electrical Service Circuit Breakers
Exterior Building Type Brick, Cedar, Vinyl Siding
Extra Storage Spaces Available (Y/N) Yes
Fire Protection None
Floor Finish Carpet
Foundation Block, Brick
Franchisor Feed(y/n) No
Frontage/Access City Street
Geographic Locale Far West
Heat/Ventilation Central Heat/Indiv Controls
Information Show-Call Listing Office
Known Encumbrances None Known
Other # Of Drive In Doors - 0, # Of Tenants - 3, # Of TL Docks - 0, # Of Units - 5, Approx Total Bldg Sq Ft - 4600, Gross Rental Income $ - 3425, Net Oper Income $ - 26109, Net Operating Income Year - 2014, Tax Year - 2014, Total Annual Exp - 12936, Total Annual Income - 26109, Total Monthly Income - 3425, Township - Genoa, Zoning Type - Commr
Outdoor Parking 1-5 Spaces
Ownership Type Sole Proprietor
Potential Use Commercial, Condominium, Retail
Property Offered For Sale Only
Property Type Retail/Stores
Roof Coverings Membrane
Roof Structure Flat, Mansard
Tenant Pays Varies by Tenant
Utilities To Site Electric to Site, Sanitary Sewer to Site, Water to Site, Water-Municipal
Listing Courtesy of Rvg Commercial Real Estate