Industrial Building in Geneva
For Sale
$1,695,000
411 Union St, Geneva, IL 60134
37,000 SF industrial building on 2.68 acres for sale.
Property Size37,000 SF
Lot Size2.68 Acres
Price / SF$45.81
Days on Market164
Property Features for 411 Union St
General Information
Standard status
Active
Size
37,000 SF
Lot size
2.68 Acres
Property subtype
Industrial
Building Details
Building Size
37,000 SF
Year Built
1935
Listing Agency:
SVN | Landmark Commercial Real Estate
(630) 487-9433
Listed By:
Brian Lindgren
(630) 487-9433
Source:
Svn
Added: Mar 6
Changed: Aug 14
Last Checked: Aug 16 at 3:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Landmark Commercial Real Estate
Investment Insights
Based on property information with market context.
This single tenant industrial building offers a 37,000 square foot space on a 2.68-acre lot. It features heavy power, three docks, and one drive-in door. A new cinder block storage shed is located on the property. The location is in the heart of Geneva, Illinois, and is approximately four minutes from the Geneva train station on the Union Pacific West Line. Access to I88 via Route 31 is about 15 minutes away, and Chicago O'Hare International Airport is approximately 50 minutes away. The property is under a NNN lease agreement with minimal landlord responsibilities and includes 6% annual increases. There is potential for future redevelopment. An NFR letter from the EPA is on file.
Key Highlights
- Long term, sticky tenant with NNN lease and minimal landlord responsibilities.
- Enjoy 6% annual rent increases.
- 37,000sf industrial building on 2.68 acres.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,218
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60134, IL
30,503
Population
11,159
Households
2.7
Avg Household Size
42
Median Age
66%
College-Educated
97%
High-School Grad
14.6 sq mi
ZIP Area
2,089
Density / Sq Mi
$148,283
Median Household Income
$66,586
Median Earnings
$1,816
Median Rent
$427,300
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- JCI Logistics — 648 North St #100, Geneva, IL 60134
Frequently Asked Questions
What type of property is this?
Warehouse - 37,000 SF industrial building on 2.68 acres for sale.
Where is this warehouse located?
The property is located at 411 Union St Geneva, IL.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Long term, sticky tenant with NNN lease and minimal landlord responsibilities.; Enjoy 6% annual rent increases.; 37,000sf industrial building on 2.68 acres.
