Jason Anderson
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Unique Investment Opportunity! Don't pass up the chance to snag a rental property that cash flows, in the heart of downtown Genoa! This property is currently under construction and is being completely rehabbed. The current list price is for a cash offer. 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 office space on the first floor has a five-year lease, which they are willing to keep or negotiate with seller, if seller would like to use the space instead. 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.
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1900
General Information
County: DeKalb
Listed By:
Suburban Life Realty
847-363-0990
MRED MLS
MLS ID: 12658683
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101 W Main Street, Genoa, IL 60135.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $175,000 | $175,000 | $175,000 |
| Down Payment | $35,000 | $6,125 | $43,750 |
| Monthly Mortgage Amount | $851 | $1,044 | $1,081 |
| Taxes | $244 | $244 | $244 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $77 | $0 |
| Monthly Estimated Total | $1,195 | $1,465 | $1,425 |
Jason Anderson
REALTOR®
Cell: (309) 207-0907
Licensed in IL
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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