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Investment Highlights

  • Extensive renovations modernize the building while preserving historic character.
  • Street parking in front and public parking available behind the building.
  • Second floor offers future office, studio, or residential-style potential.
  • Custom farmhouse-inspired finishes create a distinctive interior environment.

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
Property Subtype
Storefront Retail/Office
Building Size
1,849 SF
Building Class
C
Year Built
1919
Price
$484,824 CAD
Price Per SF
$262.21 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.61
Lot Size
0.07 AC
Frontage
19’ on South State Street
Moderately walkable
60/100
Very drivable
80/100
Moderately bikeable
60/100

Nearby Major Retailers

Champs Chicken
Jazzercise
Scooter's Coffee
Fareway Meat & Grocery

Property Taxes

Property Taxes

Parcel Number
08-21-138-004
Land Assessment
$6,966 CAD
Improvements Assessment
$37,431 CAD
Total Assessment
$44,397 CAD
  • Listing ID: 41875329

  • Date on Market: 2026-08-25

  • Last Updated:

  • Address: 106 S State St, Geneseo, IL 61254

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