Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Willow Real Estate, IncMREDas Distributed by MLSGrid- MLS# 12488480MLS Provider

701 Pearson DriveGenoa, IL 60135

Commercial · 6,500 Sq. ft.
$465,000 Active

701 Pearson Drive Overview

Time on Site:
268 days
Visits:
2

FULLY LEASED Retail Strip Center with 5 units (Abby's using 2 units) offering prime visibility along busy Route 23 in the heart of Genoa. Built in 2000, this solid brick building has been well maintained and showcases excellent curb appeal. Positioned on nearly an acre at the corner of Route 23 and Pearson Drive, the property benefits from heavy traffic and is surrounded by key local businesses including a Chevy dealership, veterinarian, post office, grocery store, hardware store, banks, and a car wash. Features include, Strong tenant mix with full occupancy, Easy access and parking for 30+ vehicles, Quality finishes throughout, Corner location in Genoa's main commercial corridor. This is an outstanding investment opportunity in one of the best locations in town!

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

701 Pearson Drive Facts & Features

  • Type Commercial
  • Sq. ft. 6,500
  • Price/Sq.ft. $72

Details

General

Income/Expenses

  • Existing Lease Type: N/A
  • Gross Income: 60000
  • Gross Scheduled Income: 62702
  • Net Operating Income: 28282
  • Operating Expense: 34420

Building Information

  • Year Built: 2000

Business Information

  • Current Use: Commercial,Office

Location/Region

  • County Or Parish: DeKalb
  • MLS Area Major: Genoa
  • Township: Genoa

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

Tax Information

  • Tax Annual Amount: $15,303.00
  • Tax Year: 2025

General Information

  • Parcel Number: 0329152107
  • Possible Use: Commercial,Retail
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 6500

General Information

  • Cooling: Central Individual
  • Electric: Separate Meters
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 6500

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street,State Road
  • Lot Size Dimensions: 115.41 X 100 X 202 X 193.76 X 151.34 X2 0.34 X 35.37
  • Lot Size Square Feet: 39204

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 5

701 Pearson Drive Neighborhood

Community

60135 (Genoa) Demographics

42
Median Age
150
Population Density (per sq. mile)
30%
College Educated
$76,339
Estimated Median Income
1,765
Estimated Total Home Owners
860
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

701 Pearson Drive Monthly Cost

$
$ %
%
$
$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

701 Pearson Drive Market Data

Based on the last 30 days in this zip code

$347,971
Average List Price
$208
Average Price per Square Foot
12
Properties Sold
55
Average Days on Market
28
Properties for Sale
Calculations provided by Reliance Network

701 Pearson Drive History

Date Event Value Agent
6/4/2026Source: MRED Status Change
Active
6/4/2026Source: MRED Status Change
Active
5/30/2026Source: MRED Status Change
Re-activated
5/30/2026Source: MRED Status Change
Re-activated
10/22/2025Source: MRED Status Change
Active
10/22/2025Source: MRED Status Change
Active
10/17/2025Source: MRED Status Change
Re-activated
10/17/2025Source: MRED Status Change
Re-activated
10/7/2025Source: MRED Status Change
Contingent
10/7/2025Source: MRED Status Change
Contingent
10/5/2025Source: MRED Added to Database
October 05, 2025
10/5/2025Source: MRED Status Change
Re-activated
9/29/2025Source: MRED Status Change
Contingent
9/27/2025Source: MRED Status Change
Active
9/22/2025Source: MRED Added to Database
September 22, 2025