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Geneva 60134
27 N 2nd Street
$839,990
↓ $10K (1.2%)
Commercial - For Sale

27 N 2nd Street

Geneva, IL 60134
bedrooms
Studio
bathrooms
0 Bath
square feet
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.
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
James Coleman
Coleman Land Company
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
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Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Cedar Siding

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180925
09/25/2018
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

27 North 2nd Street 27 North 2nd Street, Geneva, IL 60134
  • 1 Unit for Sale
More about this Building
27 North 2nd Street
Want to find out who owns 27 North 2nd Street, Geneva, IL 60134? Get detailed property transactions here .

About Geneva


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