Two-Unit Office Building with
For Sale
Contact for pricing
Pending
942 E State Street, Geneva, IL 60134
Two separate office/commercial units offer strong visibility at a signalized Route 38 intersection.
Property SizeContact for details
Days on Market62
Property Features for 942 E State Street
General Information
Standard status
Pending
Class
B
Total Parking Spaces
10
Property subtype
Office
Zoning
COMMR
Investment Type
Owner/User
Building Details
Year Built
1920
Year Renovated
2002
Buildings
2
Stories
2
Units
2
Listing Agency:
Berkshire Hathaway HomeServices Starck Real Estate Crystal Lake
(815) 459-5900
Listed By:
Richard Virgl · License #471.018796
Source:
Crexi
Added: Jun 14
Changed: Aug 8
Last Checked: Jul 31 at 7:35PM
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 Berkshire Hathaway HomeServices Starck Real Estate Crystal Lake
Investment Insights
Based on property information with market context.
This office/commercial building includes two distinct units within a one- and two-story masonry structure with frame and vinyl siding. The front portion is an older section with vinyl siding over frame, while the rear portion was added in 2002 with vinyl siding over concrete block. Heating and cooling are provided by two gas-fired, forced air furnace units, with the open area served by a gas-fired suspended heater and no air conditioning. Electrical service is 400 amp with individual panels for each unit, supporting tenant separation.
The property is positioned for exposure on East State Street (Route 38) at the signaled intersection with East Side Drive, offering straightforward access for customers and visitors. The current listing notes that the owner is retiring from the construction business and that the buyer may wish to remain as a tenant after closing.
For buyers seeking an owner-occupied or income-oriented setup, the split configuration can accommodate multiple tenants under one roof. Current rent is noted for Unit B at $3,300 monthly, while Unit A most recently rented for $1,625 on a month-to-month basis. The building’s separate electrical and dedicated heating systems help make the property workable for different office and commercial uses consistent with its existing layout.
The property is positioned for exposure on East State Street (Route 38) at the signaled intersection with East Side Drive, offering straightforward access for customers and visitors. The current listing notes that the owner is retiring from the construction business and that the buyer may wish to remain as a tenant after closing.
For buyers seeking an owner-occupied or income-oriented setup, the split configuration can accommodate multiple tenants under one roof. Current rent is noted for Unit B at $3,300 monthly, while Unit A most recently rented for $1,625 on a month-to-month basis. The building’s separate electrical and dedicated heating systems help make the property workable for different office and commercial uses consistent with its existing layout.
Key Highlights
- Two separate office/commercial units with high visibility on East State Street (Route 38) at the signalized intersection with East Side Drive
- Unit B currently rents for $3,300 per month
- Unit A is a 2‑story office space with most recent rent of $1,625/month on a month‑to‑month basis
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
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 Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Two separate office/commercial units offer strong visibility at a signalized Route 38 intersection.
Where is this office units located?
The property is located at 942 E State Street Geneva, IL.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Two separate office/commercial units with high visibility on East State Street (Route 38) at the signalized intersection with East Side Drive; Unit B currently rents for $3,300 per month; Unit A is a 2‑story office space with most recent rent of $1,625/month on a month‑to‑month basis
