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1037 S Oakwood Avenue

Geneseo, IL 61254
  • $465,000
  • STATUS: Closed
  • ON SITE: 525 Days
  • ID#: QC4249202
Sold - 10/03/2024
$465,000
SOLD - 10/03/2024
  • 0
    BEDS
  • 1.61
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

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.

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© 2025 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2025-06-13T11:45:23.437.
www.brysonsmithteam.com/homes/146400733
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1037 S Oakwood Avenue Geneseo, IL 61254

  • Price: $500,000
  • Status: Closed
  • On Site: 525 Days
  • Updated: 53 min ago
  • ID#: QC4249202
0
Beds
0
Baths
0
½ Baths
1.61
Acres
Neighborhood:
Qcara Area
County:
Henry
Area:
Qcara Area
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.
Exterior Features

Construction Materials Steel SidingMasonrySteel/WD Frame Roof Metal

Interior Features

Building Area Total 9524 Cooling Central Air Flooring Tile/Vinyl Handicap Modified Unknown Heating Forced AirGas

Property Features

100 Year Flood Plain Yes Agent Owned No Disclosed Short Sale No Financing Cash OnlyConventional Foreclosure YN No Frontage Type City StreetPaved 4Lane Gross Operating Income 66418 Irregular Lot YN Yes Lease Term Not Applicable Levels OneMulti-Tenant Owner Pays Common Area MaintenanceInsuranceLawncare Possible Use RetailStrip CenterInvestment Sewer Public Sewer Sprinkler YN No Tax Annual Amount 4724.76 Tax Incentive1 In City LimitNone Tax Year 2022 Tenant Pays Common Area MaintenanceCoolingElectricityGasHeatInternal MaintenanceJanitorial ServiceTaxes Type Commercial Underground Storage Tank YN No Water Source City Water/Connected Zoning B-2

Listing provided courtesy of Richard Schaefer of NAI Ruhl Commercial Company: Office: 563-355-4000.
© 2025 RMLS Alliance, LLC. All Rights Reserved.


© 2025 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2025-06-13T11:45:23.437.
 
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Bryson Smith Team | Keller Williams Premier Realty
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