322-324 State St Geneva, IL 60134
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.