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106 S State St , Geneseo, IL 61254 106 S State St 1,849 SF 100% Leased Retail Building Geneseo, IL 61254 $350,000 ($189.29/SF)



Executive Summary
This thoughtfully and beautifully renovated 1919 building is located in the heart of downtown Geneseo and combines original historic character with extensive modern updates and custom finishes. Major improvements include a new storefront and awning, repaired foundation, new HVAC and furnace, plumbing roughed in for the second floor, updated electrical, new drywall, windows and exterior/interior doors, new drop ceiling and lighting, and updated plumbing including a new sink and toilet in the main-level bathroom. The interior features original 100+ year-old barn board walls, corrugated steel accents, reclaimed wood counters, a custom wood bar, grain-bin dressing rooms, a washtub sink in the front room, handmade barn and saloon doors, rustic lighting, and other custom farmhouse-inspired details. The main floor offers a versatile space suitable for retail, events, a studio, salon, or other commercial uses, with bathrooms on both the main and second levels. The second floor offers additional potential for an apartment, office, or studio and is ready for the new owner to finish to their vision. The building also includes a basement providing additional storage and utility space. Located in the business district on State Street in downtown Geneseo there is convenient street parking in front and public parking behind the building. Extensive improvements have already been completed, while the flexible layout allows the next owner to make the space their own.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
1,849 SF
Year Built
1919
Price
$350,000
Price Per SF
$189.29
Percent Leased
100%
Building Height
2 Stories
Moderately walkable
60/100
Very drivable
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 08-21-138-004 | Improvements Assessment | $27,053 |
| Land Assessment | $5,035 | Total Assessment | $32,088 |
Property Taxes
Parcel Number
08-21-138-004
Land Assessment
$5,035
Improvements Assessment
$27,053
Total Assessment
$32,088
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106 S State St , Geneseo, IL 61254 | 106 S State St
