Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    402-404 Anderson Blvd Geneva, IL 60134

    Sponsored
    For Sale
    $525,000

    Prime location, versatile property, high potential.

    Property size:
    2,427 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional mixed-use property at 402-404 Anderson Boulevard in Geneva, Illinois presents a unique investment opportunity. The 2,427 square foot property consists of two interconnected buildings, offering a blend of commercial and residential space. The commercial building is currently a thriving six-chair hair salon, featuring a spacious area readily adaptable for expansion into complementary services such as massage therapy, nail care, or esthetics. This established business provides immediate rental income potential or the opportunity for owner-operation. Adjacent to the commercial space is a charming 1.5-story single-family home, perfect for live/work arrangements or as a separate rental unit. This residential component includes three bedrooms, two full bathrooms, a welcoming front porch, and a sizable fenced yard. The property's prime location near Geneva High School ensures high visibility and convenient access to local amenities. This versatile property is ideal for entrepreneurs seeking a live/work arrangement, investors looking for rental income streams, or developers envisioning future expansion. The property sits on a lot with no acreage specified. The asking price is $525,000. This is a rare opportunity to acquire a thriving business and comfortable living space in a highly desirable downtown location.

    Property Features for 402-404 Anderson Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,427 SF

    Building Details

    Year Built
    1919
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -88.31533
    Latitude
    41.8929

    Nearby Similar for Sale

    • $750,000
      0.17 Acres

      Downtown Geneva Mixed-Use Investment

      Mixed-use property in downtown Geneva with retail and residential units.
      322 Hamilton St, Geneva, IL 60134
      View Details
    • $350,000
      0.27 Acres

      Geneva Office Building For Sale

      2700 sq ft office building near downtown Geneva.
      422 E State St, Geneva, IL 60134
      View Details
    • Contact for pricing
      504,900 SF

      Geneva Industrial Development Opportunity

      Class A industrial development with build-to-suit opportunities in Geneva, IL.
      Kautz Rd & Geneva Rd, Geneva, IL
      View Details
    • Contact for pricing
      7,550 SF

      Geneva Office Space For Sale

      One-story office building with flexible layout options and planned amenities.
      611 E State St, Geneva, IL 60134
      View Details
    • Contact for pricing
      41,614 SF

      Randall Road Retail Center

      Retail and medical space available in high-traffic Geneva location.
      1772-1792 S Randall Rd, Geneva, IL 60134
      View Details
    • Contact for pricing
      15,720 SF

      Downtown Geneva Retail Space Available

      1,334 SF retail space with display windows and basement.
      314 W State St, Geneva, IL 60134
      View Details
    • Contact for pricing
      11,440 SF

      Downtown Geneva Economical Office Suites

      Economical office suites in the heart of downtown Geneva.
      324 W State St, Geneva, IL 60134
      View Details
    • Contact for pricing
      5,600 SF

      Prime Retail Outlot Opportunity

      1.63 acre outlot in a busy retail center.
      902 Commons Dr, Geneva, IL 60134
      View Details
    • $349,000

      Updated Townhome in Sterling Manor

      Updated townhome with new features, close to parks and schools.
      2927 Caldwell Ln, Geneva, IL 60134
      View Details
    • Contact for pricing
      27,500 SF

      Freestanding Multi-Building Property For Sale

      Freestanding property with income potential, near I-88 and I-355.
      1340 Reed Rd, Geneva, IL 60134
      View Details
    • Contact for pricing
      27,500 SF

      Freestanding Industrial Property For Sale

      Rare freestanding property ideal for owner/user with future growth potential.
      1340 Reed Rd, Geneva, IL
      View Details
    • Contact for pricing
      719,200 SF

      719,200 SF Industrial Facility

      719,200 SF industrial facility with immediate I-88 access.
      2093 S Kirk Rd, Geneva, IL 60134
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime location, versatile property, high potential.
    Where is this commercial real estate located?
    The property is located at 402-404 Anderson Blvd Geneva, IL.
    What is the asking price?
    The asking price for this property is $525,000.
    (630) 377-1855
    Request Owner's contact information
    402-404 Anderson Blvd Geneva, IL 60134
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    402-404 Anderson Blvd
    Geneva, IL 60134
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    402-404 Anderson Blvd Geneva, IL 60134
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.