Jeff Jordan Real Estate

715 E State Street, Geneva, IL 60134 (MLS # 10801229)

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PRICE $650,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE n/a

Fully leased multi-tenant mixed use property for sale downtown Geneva. Versatile retail/office space on the first floor is easily adapted to one, two, three or four tenant use. Currently the first floor is rented as three units. The rear unit features an overhead door. Four easy to rent residential apartments on the second floor. The apartments alone are almost enough to cash flow a note on the property! Additional access to/from Eastside Drive via easement behind CVS. Municipal parking lot behind the building could unlock potential added value. This one generates tons of cash (almost a 12 cap at list)! Call for a confidential rent roll. Possible TIF incentive from the city.

DAYS ON MARKET 14 LAST UPDATED 8/5/2020
YEAR BUILT 1950 COMMUNITY Geneva
COUNTY Kane STATUS Active
PROPERTY TYPE(S) Mixed Use


ADDITIONAL DETAILS
AIR CONDITIONING Wall Sleeve, Window Unit/s
ARE ANY PROPERTY PHOTOS VIRTUALLY STAGED? No
BUILT BEFORE 1978 (Y/N) Yes
ELECTRICAL SERVICE Other/Unknown
FIRE PROTECTION Alarm Monitored
GEOGRAPHIC LOCALE East/West Corridor, Far West
HEAT/VENTILATION Hot Water, Radiators
INFORMATION List Broker Must Accompany
LISTING TYPE Exclusive Right To Sell
LOT DIMENSIONS 92X251X84X289
MANAGING BROKER (Y/N) No
MISC INSIDE Overhead Door/s
PARCEL IDENTIFICATION NUMBER 1202404015
PROPERTY TYPE Mixed Use
STATUS Active
TAXES 15572
TAXES YEAR 2019, 2019
TENANT PAYS Electric


71 Very Walkable



 
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Listed with Coldwell Banker Real Estate Group - Geneva
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