124 2Nd St Geneva, IL 60134
- Commercial real estate
- 4,626 SF
- 0.41 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 124 2Nd St
- Year built
- 1860
- Lot size
- 0.41 lot acres
- Property size
- 4,626 SF
- Property type
- Commercial real estate
- APN
- 12-03-453-012
- APU
- 1203453012
Description
This exceptional 8,000 sq. ft. restaurant in historic downtown Geneva, IL (124 S 2nd St, 60134) is available for lease or purchase. Completely rehabbed in 2013 and a recipient of the Mayor's Choice Award, this stunning property boasts unparalleled charm and character. Features include a wrap-around porch, hardwood floors, impressive millwork, two fireplaces, 12' ceilings, and 8' windows. The interior comfortably seats at least 150, with an additional 130 seats available on the fenced brick patio, ideal for events. A separate patio building houses a bar and bathroom. The four levels offer versatile space: the first floor features a bar, two ADA bathrooms, two fireplaces, a commercial kitchen with a black iron system, and a coffee room
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $340,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $485,000
- 6.5%
- $475,000
- 7%
- $510,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $585,000
- Geo Method
- $455,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $470,000
- Retail
- $500,000
- Mixed-Use
- $425,000
- Hospitality
- $500,000
- Educational
- $475,000
- Residential Income
- $545,000
- Energy
- $535,000
- Income-Based Land
- $405,000
- Food Service
- $535,000
Location Insight
- Map
- Local Demand
- City
- Geneva
- County
- Kane
- State
- Illinois
- Longitude
- -88.3073
- Latitude
- 41.886
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA