$839,990
↓ $10K (1.2%)
●
Commercial -
For Sale
27 N 2nd Street
Geneva, IL 60134
Studio
0 Bath
4522 Sqft
$5,458
Estimated Monthly
$0
HOA / Fees
About This Property
This historic building in downtown Geneva is now available for its
next owner! Once a Civil War era home, the property now
showcases original woodwork, moldings, and natural wood floors, and
the quaint structure has been well-preserved and maintained. The
property boasts high ceilings and full basements, all adding to its
charm and functionality. There are five rental units in
total: 3 commercial units on the first floor and 2 apartments on
the second. Two wings have been added over the years,
creating additional/expanded spaces for the commercial tenants.
Each wing has its own basement and 1/2 bath, providing
convenience and flexibility for the tenants. The property's
rental units are fully leased, ensuring a steady cash flow from the
day of closing. The units include two second floor apartments
that share a newer outside wood deck, which is great for summers,
and the first floor is tenanted by a salon, an office space, and a
very popular smoothie shop, all catering to a diverse range of
businesses enjoying lots of downtown foot traffic. There is
also plenty of diagonal street parking along N Second Street as
well as a municipal parking lot across the street. The building's
location is steadily expanding with significant capital investments
being made by many property owners. Jump on the band wagon
now and appreciate the benefits of commercial income-producing real
estate in a fast-growing Fox River Valley Community. Further
details and financial information can be found in the "Additional
Information" section.
The manager has listed the unit size as 4522 square feet.
The manager has listed the unit size as 4522 square feet.
Unit Size
4,522Ft²
Days on Market
357 days
Land Size
-
Price per sqft
$186
Property Type
Commercial
Property Taxes
$1,333
HOA Dues
-
Year Built
1867
Listed By
Last updated: 2 months ago (MREDIL #11780506)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 7, 2024 | Price Decreased |
$839,990
↓ $10K
(1.2%)
|
|
Price Decreased | |||
Nov 18, 2023 | Price Decreased |
$850,000
↓ $25K
(2.9%)
|
|
Price Decreased | |||
Sep 19, 2023 | Price Decreased |
$875,000
↓ $20K
(2.2%)
|
|
Price Decreased | |||
Jul 11, 2023 | Price Decreased |
$895,000
↓ $80K
(8.2%)
|
|
Price Decreased | |||
May 10, 2023 | Listed by Coleman Land Company | $975,000 | |
Listed by Coleman Land Company |
Show More
Property Highlights
Air Conditioning
Exterior Details
Exterior Information
Cedar Siding
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/25/2018
|
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
-
|