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1037 S OAKWOOD AVE Geneseo, IL 61254
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Key Details
Sold Price $465,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 9,524 sqft
Price per Sqft $48
MLS Listing ID QC4249202
Sold Date 10/03/24
Annual Tax Amount $4,724
Tax Year 2022
Lot Size 1.610 Acres
Acres 1.61
Property Sub-Type Commercial
Source rmlsa
Property Description
2 tenant fully occupied retail strip for sale. 9,524 SF total with 9,224 SF Dollar General Store and 300 SF hair salon. Projected NOI $48,350 and 9.7% CAP with 2030 lease expiration on Dollar General lease. Located in zone AE, a Regulatory Floodway under a Special Flood Hazard designation. 1.61 acre site zoned B-2 "Business District Highway". Located at the southern gateway to Geneseo.
Location
State IL
County Henry
Area Qcara Area
Zoning B-2
Direction East I-80 to South Oakwood Avenue
Interior
Heating Forced Air, Gas
Cooling Central Air
Flooring Tile/Vinyl
Fireplace N
Exterior
View true
Roof Type Metal
Garage 1
Building
Faces East I-80 to South Oakwood Avenue
Sewer Public Sewer
Water City Water/Connected
Structure Type Steel Siding,Masonry,Steel/WD Frame
Others
Tax ID 0828128005
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