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201 & 205 N State Street , Geneseo, IL 61254

$299,000
  • 201 & 205 N State Street , Geneseo, IL 61254 Main Photo

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New to the Market New
SQUARE FEET9,252 MLS#12604549
STATUSNew PROPERTY TYPECommercial - Retail

Property Description

Now for sale! This brick building has been in the family for well over a century! Downtown location on a corner lot with high traffic. Large open space, a few offices and 3 apartments on the upper level. Two apartments are rented out, and one is vacant for showings. Per appraisal for Irrev. Trust, each level supports 4,626 sq ft for a total of 9,252 Above grade Site size is 7,882 sq. ft. and zoning is B-3. This would make a nice office space, hardware store, family entertainment/restaurant....Oh the possibilities! Roof 2016, Fed Pacific Electric panel replaced 2026 and other electrical repairs attached with disclosures. Seller is selling building in as is condition. Open public parking around building and in the back for general city parking. Expenses for utilities are based on an average per month for 3 months (Dec-Feb 2025-26). This is a Trust. Information per recent appraisal and courthouse. Buyer and Buyer's agent to verify. City of Geneseo is offering incentives for buyer.

201 & 205 N State Street | MLS# 12604549

This commercial property located at 201 & 205 N State Street , Geneseo, IL 61254 is currently listed for sale with an asking price of $299,000. Search Geneseo real estate on mkoch.gogambino.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air, Window Unit(s)
Lot Size: 0.19 Acres
Stories: 2.0
Taxes: $4,714
Year Built: 1900

Feature Descriptions

Electric: Circuit Breakers
Exterior: Brick
Fire Protection: Alarm On Site
Foundation: Brick/Mortar
HVAC: Forced Air
Lot Dimensions: 65x105x50x20x100x135
Number of Tenant(s): 2
Parcel#: 0821126006
Potential Use: Commercial, Office, Retail, Special Use
Tenant Pays: All Utilities
Units: 3
Utilities: Electric to Site, Natural Gas Available, Sewer Connected

Listed By / Shown By

Listed By

Agency Name: Ruhl&Ruhl REALTORS Moline
Agency Phone: 309-743-8000

Shown By

Agent Name: Matt Koch
Agent Phone: Cell: (815) 543-7945
Agency Title: Gambino Realtors

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