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    322-324 State St Geneva, IL 60134

    Sponsored
    For Lease
    Contact for pricing

    Prime location, flexible office spaces.

    Lot size:
    11,440 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 11,440 square foot multi-tenant commercial property, built in 1920, offers a variety of office spaces in the heart of downtown Geneva, Illinois. Located at 322-324 W State Street (Route 38), between Third and Fourth Streets, this building is zoned D-CM Downtown - Commercial Mixed-Use within Kane County. The property features nicely finished lower-level offices, perfect for coworking, creative office, executive office, or traditional office uses. Individual spaces can be combined to accommodate varying business needs. The "full-service" rent includes all operating expenses and utilities, offering predictable and manageable costs. All stated square footages reflect actual unit sizes, with no common area factor. The building enjoys a highly convenient location, situated on the west side of the Fox River, next to Aurelio's Pizza. It's within walking distance of the Metra train station, courthouse, numerous restaurants, and shopping. An adjacent public parking lot provides convenient 9-hour parking options for tenants and clients. This is an exceptional opportunity to secure office space in a vibrant and accessible downtown setting.

    Property Features for 322-324 State St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,440 SF

    Building Details

    Year Built
    1920

    Unit(s) available at that property

    Space
    324 - 101
    Size
    518 SF
    Space
    324 - 102
    Size
    290 SF
    Space
    324 - 105
    Size
    187 SF
    Space
    324 - 111
    Size
    97 SF
    Space
    324 - 104
    Size
    313 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Geneva
    County
    Kane
    State
    Illinois
    Longitude
    -88.30877
    Latitude
    41.8878136

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    FAQs

    What type of property is this?
    Office space - Prime location, flexible office spaces.
    Where is this office space located?
    The property is located at 322-324 State St Geneva, IL.
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    Geneva, IL 60134
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    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
    322-324 State St Geneva, IL 60134
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