Historic Geneva Commercial
28 S 5th Street Geneva, IL 60134
For Sale
$675,000
COMMERCIAL - Geneva, IL
Property Size2,244 SF
Lot Size0.21 Acres
Price / SF$300.80
Days on Market65
Property Features for 28 S 5th Street
General Information
Property type
Commercial Sale
Property subtype
Office
Standard status
Active
APN
1203335011
Size
2,244 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
10832
Utilities
Cooling system
Central Air
Building Details
Year built
1890
Floors in Building
2
Number of units
1
Building materials
Wood, Frame
Roof type
Composition
Listing Agency:
Premier Living Properties
(630) 377-1646
Listed By:
Tamara O'Connor · License #475110537
(630) 377-1646
Added: May 26
Changed: Jun 17
Last Checked: Jul 29 at 1:06PM
MLS# 12641521
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in downtown Geneva, this historic corner property on Fifth and James Street offers potential for various uses. Currently configured for office use, the approximately 2,244-square-foot building could be transformed back into a single-family residence. The property features a layout with multiple offices, gathering spaces, and private rooms suitable for residential or commercial needs. A detached 2-car garage provides convenience. The corner location offers accessibility and presence in downtown Geneva. Suitable for a live/work lifestyle, the property allows for living onsite, operating a business from home, or combining both. It is located near shopping, dining, the Metra station, and the riverwalk. The property is situated on a lot of approximately 0.21 acres.
Key Highlights
- Prime downtown Geneva location at the corner of Fifth and James Street, steps from shopping, dining, Metra, and the riverwalk.
- Versatile property suitable for residential, office, live/work, or mixed‑use purposes.
- Approximately 2,244 square feet of flexible space with multiple offices/rooms adaptable to various needs.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.9k | $24.48 |
| − Vacancy | −$13.7k | −$6.10 |
| EGI | $41.3k | $18.38 |
| − OpEx | −$10.3k | −$4.60 |
| NOI | $30.9k | $13.79 |
2,244 SF · lease $24.48/SF/yr · vacancy 24.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$442.0K
$386.8K – $515.7K
NOI $30,941 @ 7.0% cap · market cap 4.58%
Second Best
Mixed Use
$398.1K
$348.4K – $464.5K
NOI $27,870 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$774.8K
$677.9K – $903.9K
NOI $54,233 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Versatile commercial property in downtown Geneva with residential potential.
Where is this office building located?
The property is located at 28 S 5th Street Geneva, IL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Prime downtown Geneva location at the corner of Fifth and James Street, steps from shopping, dining, Metra, and the riverwalk.; Versatile property suitable for residential, office, live/work, or mixed‑use purposes.; Approximately 2,244 square feet of flexible space with multiple offices/rooms adaptable to various needs.
