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    1250 Executive Pl Geneva, IL 60134

    For Sale
    $420,000

    Three-unit commercial condo, high cash flow, prime location.

    Property size:
    3,120 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional investment opportunity presents a three-unit commercial condo located at 1250 Executive Place, Unit 301-302, in the vibrant city of Geneva, Illinois. The property boasts a total of 3,120 square feet, with each unit encompassing approximately 1,040 square feet. Each unit is thoughtfully designed with three spacious private offices, multiple waiting areas, convenient in-unit kitchenettes, and updated powder rooms. The property benefits from a central location, just a short distance from Geneva's historic downtown business center, ensuring high visibility and accessibility for tenants. The building's mechanical systems are in excellent working order, including the air conditioning, furnace, and water heaters for all three units. Currently, the property enjoys nearly full occupancy with long-term tenants, generating a substantial annual income of $36,600. However, with the potential to increase rental rates, the property's annual income could reach $49,200. This presents a compelling opportunity for investors seeking a stable, high-cash-flow investment in a desirable location. The property is offered at $420,000, representing a strong return on investment. This is a rare chance to acquire a well-maintained, income-producing commercial property in a thriving business district.

    Property Features for 1250 Executive Pl

    General Information

    Property type
    Residential income properties
    Square Feet
    3,120 SF

    Building Details

    Year Built
    1980
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Resolution Focused Consulting, ... Business Management Consultant Treva B. Anderson, ... Psychologist Autism, Behavioral & Educational ... Child Health Care Centre Karen Miley, OT Occupational Therapist R Gary Gooding ... Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Geneva
    County
    Kane
    State
    Illinois
    Longitude
    -88.28117
    Latitude
    41.8877

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    FAQs

    What type of property is this?
    Residential income property - Three-unit commercial condo, high cash flow, prime location.
    Where is this residential income property located?
    The property is located at 1250 Executive Pl Geneva, IL.
    What is the asking price?
    The asking price for this property is $420,000.
    (217) 960-8605
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    1250 Executive Pl Geneva, IL 60134
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    Geneva, IL 60134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1250 Executive Pl Geneva, IL 60134
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