1250 Executive Pl Geneva, IL 60134-3807
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.
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Resolution Focused Consulting, Inc. Business Management Consultant Mental Health Service
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Treva B. Anderson, PHD Physician Medical Clinic
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Autism, Behavioral & Educational Services Medical Clinic
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Karen Miley, OT Physician
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R Gary Gooding Ltd Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.