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111 E Exchange St Street Geneseo, IL 61254 Commercial - Retail Active

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Description

Multi-use building located in downtown Geneseo just off State St. The main level consists of individual offices set up with removeable modular walls and back storage area. It could easily transition into an open space for retail use. Two apartments, 1 BR and 1 Studio, are occupied and bring in $1,700/month. Both have been remodeled and well maintained. Full basement available for additional storage.

Property Highlights

Property Type: Commercial - Retail
Building Description: 2.0 stories
Year Built: 1910

General Information

County: Henry
Listed By:
Hawkeye Commercial Real Estate 563-344-4295
MRED MLS
$250,000
Est. $1,615/mo
Active
SQUARE FEET2,972 MLS#QC4258881
STATUSActive PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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111 E Exchange St Street, Geneseo, IL 61254.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $250,000$250,000$250,000
Down Payment $50,000$8,750$62,500
Monthly Mortgage Amount $1,167$1,433$1,495
Taxes $348$348$348
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$110$0
Monthly Estimated Total $1,615$1,991$1,943

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About this area

Illinois/Geneseo
Geneseo

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About Geneseo

Geneseo, IL—located in Henry County—is a small city celebrated for its historic charm, welcoming community, and thriving cultural life. Known as the Maple City, Geneseo features tree-lined streets, a well-preserved downtown filled with boutiques, restaurants, and antique shops, and a strong sense of pride in its heritage. The community places a high value on education, with local schools widely recognized for academic excellence and extracurricular opportunities. Geneseo also offers plenty of recreation, from parks and trails to nearby access to the Rock River for boating and fishing. Seasonal festivals, community events, and local arts performances add to the city’s warm and lively atmosphere. Its location just east of the Quad Cities makes it ideal for those seeking a quieter setting while staying connected to urban amenities.

The real estate market in Geneseo is diverse, offering something for nearly every type of buyer. Historic homes near the downtown area showcase beautiful architecture and classic designs, while newer subdivisions provide modern amenities and open layouts for families. Buyers can also find mid-sized ranch-style homes, two-story traditional residences, and rural properties on larger lots or acreages. Many homes feature generous yards, established landscaping, and quiet neighborhood settings.

Geneseo’s real estate is considered highly desirable due to its affordability, community atmosphere, and proximity to larger employment centers. Whether looking for a first home, a family-friendly property, or a quieter retreat with room to grow, this city offers a balanced blend of small-town living, strong schools, and accessible housing options.

If you are ready to start your home buying or selling journey, browse the latest real estate listings in Geneseo, IL. You can also contact us—we are here to help!

Nearest Ruhl & Ruhl Office: Moline, IL
1701 52nd Avenue
Moline, IL 61265
(563) 441-1776

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