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4160 S Oakwood Ave 693 SF Retail Building Geneseo, IL 61254 $279,000 ($402.60/SF)
Investment Highlights
- Like-New Construction (±4 Years Old): Never occupied, offers the benefits of new construction without build time or cost
- High Traffic Exposure: Ideal for businesses seeking strong drive-by and commuter traffic
- Site Size: Situated on just over 1 acre, allowing for parking, expansion, or outdoor use
- Prime Interstate Location: Positioned at the end of an I-80 exit ramp in Geneseo, IL for maximum visibility and accessibility
- Flexible B-2 Commercial Use: Originally designed for a truck sales office; adaptable for retail, office, or service users
- Turnkey Condition: Building is in excellent, like-new condition requiring minimal improvements
Executive Summary
Fantastic opportunity! This building was constructed approximately 4 years ago but never moved into. It's basically new construction that is waiting for a new enterprise. It was originally built to be a commercial truck sales office. The property is located on a little over an acre, right at the end of an exit ramp on I-80 in Geneseo, IL. It would be a great spot for a coffee shop, deli, or any business wanting to take advantage of interstate traffic. Building is in excellent, like-new condition, priced for quick sale. Don't miss this rare chance to own a newer commercial building without the cost or wait of ground-up construction. Zoned B-2
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Building Size
693 SF
Building Class
C
Year Built
2022
Price
$279,000
Price Per SF
$402.60
Building Height
1 Story
Building FAR
0.01
Lot Size
1.08 AC
Zoning
B-2 - Commercial B-2 Business District
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 08-28-300-005 | Total Assessment | $44,579 |
| Land Assessment | $17,915 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $26,664 | Tax Year | 2024 Payable 2025 |
Property Taxes
Parcel Number
08-28-300-005
Land Assessment
$17,915
Improvements Assessment
$26,664
Total Assessment
$44,579
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2025
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4160 S Oakwood Ave
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