Financial
Distress signals
Property profile

124 S 2Nd St Geneva, IL 60134

FOR SALE
Commercial real estate
Property ID
US28-1702202
4,626 SF 0.41 ac lot Built 1860
Last sale Mar 2013 · $390,000
Trust Owned Owner of record is a trust. 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$23k
Tax billed · 2022
Assessed value$265k
Assessed land$104k
Assessed improvement$161k
Effective rate8.69%

Value estimate

· Sep 2026
$340k
$306k – $374k
CAP approach$885k
Sales comparison$1.08M
NOI build-up
Gross scheduled income$83k
Vacancy & credit loss−$6k
Operating expenses−$19k
NOI · 2.00% cap applied$58k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$199/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$150 – $266
Qualifying comparables15

Cap rate analysis

How does the asset earn?
2.00%
$58k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKANE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand index
Auto Parts Store11.8
Storage Facility10.7
Convenience Store10.1

Location

124 S 2Nd St Geneva, IL 60134
County assessor Recorded deeds · 5 transfers 15 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
214 216th W State, Geneva, IL 60134 $1,200,000 May 2025 4,000 SF
219 221st W State, Geneva, IL 60134 $1,100,000 Dec 2024 4,324 SF
313 State, Geneva, IL 60134-2110 $580,000 Dec 2024 2,981 SF
1542 Srandall, Geneva, IL 60134 $15,550,000 Oct 2024 6,953 SF
802 State, Geneva, IL 60134-2409 $51,825 Oct 2024 6,865 SF
12 State, Geneva, IL 60134-2213 $99,000 Oct 2024 5,300 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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