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Property profile & analytics
OFF-MARKET
Office Spaces

1250 Executive Pl Geneva, IL 60134-3807

2,080 SF 0.26 ac lot Built 1980
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US28-2150030
Property summary
AI-generated overview

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 profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1980
Total area 2,080 SF
Lot 0.26 ac (11,151 SF)
APN 12-01-312-004
UPID US28-2150030
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Resolution Focused Consulting, Inc. Business Management Consultant Mental Health Service
  • Treva B. Anderson, PHD Physician Medical Clinic
  • Autism, Behavioral & Educational Services Medical Clinic
  • Karen Miley, OT Physician
  • R Gary Gooding Ltd Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Nzo Property Group LLC · 3 yrs held
Nzo Property Group LLC
since 2022
5 recorded transactions
2023
Price N/A
2022
$260,000
2018
$340,000
2016
Price N/A
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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