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Historic Restaurant Building with Patio
New
For Sale
$2,895,000

124 S 2nd St, Geneva, IL 60134

Four-level restaurant layout with dining rooms, commercial kitchen, bar service, and a fenced outdoor patio.

Property Size4,626 SF
Price / SF$625.81
Days on Market2

Property Features for 124 S 2nd St

General Information

Standard status Active
Size 4,626 SF

Building Details

Year Built 1860
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Charles Kirkwood · License #475142955
Source: Liveliferealty
Added: Sep 8 Last Checked: Sep 8 at 2:36PM

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 Coldwell Banker Real Estate Group

Investment Insights

Based on property information with market context.

Dating to 1860 and substantially rehabilitated in 2013, this historic restaurant property combines original architectural character with updated building systems. The four-level layout includes multiple dining rooms, bar service, a commercial kitchen with a black iron system, coffee room, office, storage areas, two fireplaces, hardwood floors, millwork, 12-foot ceilings, and 8-foot windows. The first and second floors are arranged for restaurant operations, while the lower level supports food preparation, dishwashing, pantry, linen, liquor, and cooler functions. The walk-up third floor is unfinished and used for storage.

Outdoor space includes a fenced brick patio with seating for 130, along with a separate patio structure containing a restroom and bar. The landscaped grounds and wrap-around porch add additional event-oriented space. Infrastructure includes a 4-inch main water line, 400-amp electrical service, three furnaces, one boiler, three air-conditioning units, updated electrical and plumbing, and sprinkler coverage across all four levels. The property is located in downtown Geneva, near the Third Street shopping district.

Key Highlights

  • Historic building constructed in 1860 and rehabilitated in 2013
  • Restaurant seating for at least 150 inside plus 130 outdoors on a fenced brick patio
  • Four‑level layout with dining rooms, bar, commercial kitchen, storage, and food‑preparation areas

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Parts Store Storage Facility Grocery & Convenience Store Daycare Center Pharmacy Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,804
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 33% Dining 28% Shops & Services 24% Apparel 8%
Geneva Ace Hardware Home Improvements & Furnishings
6,970 visits/mo 0.4 miles
Dunkin' Donuts Dining
5,871 visits/mo 0.4 miles
7-Eleven Shops & Services
5,150 visits/mo 0.4 miles
J.McLaughlin Apparel
1,773 visits/mo 0.1 miles
Elements Massage Beauty & Spa
1,459 visits/mo 0.3 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Four-level restaurant layout with dining rooms, commercial kitchen, bar service, and a fenced outdoor patio.
Where is this conventional restaurant located?
The property is located at 124 S 2nd St Geneva, IL.
What is the asking price?
The asking price for this property is $2,895,000.
What are key features of this property?
This property features: Historic building constructed in 1860 and rehabilitated in 2013; Restaurant seating for at least 150 inside plus 130 outdoors on a fenced brick patio; Four‑level layout with dining rooms, bar, commercial kitchen, storage, and food‑preparation areas
More about this property
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