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    Property profile & analytics

    302 Riv Ln Geneva, IL 60134-1453

    • Industrial properties
    • 35,053 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $460,000
    Location Intelligence
    Property ID
    US28-1822580
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Geneva Bottling Works Inc / Beer Distributor

    Property Details for 302 Riv Ln

    Year built
    1955
    Lot size
    0.28 lot acres
    Property size
    35,053 SF
    Property type
    Industrial properties
    APN
    12-03-281-004
    APU
    1203281004

    Description

    This exceptional 1.99-acre property in downtown Geneva, Illinois, presents a rare redevelopment opportunity. Situated along the Fox River and just blocks from the Route 38 bridge and Geneva Metra station, this assemblage of nine parcels (APN: 12-03-281-001, 12-03-280-004, 12-03-280-003, 12-03-280-005, 12-03-281-006, 12-03-281-005, 12-03-281-007, 12-03-281-004, 12-03-280-006) comprises the majority of a city block, bordered by Stevens Street to the north, Ford Street to the south, River Lane to the east, and First Street (Route 31) to the west. The site currently features a mix of residential and commercial structures, including a 25,000-square-foot concrete loft warehouse. Zoned D-MFR (Multi-Family Residential) and D-SFMR (Single Family Medium Density Residential), this location offers significant potential for high-density residential development. The area has experienced substantial recent redevelopment, including multi-family and townhouse projects. The property's location within the Geneva Fox River TIF District may provide additional development incentives. The Downtown/Station Area Master Plan envisions up to 100 residential units on this site. Asking price is $3,900,000. Address: 302 N River Ln, Geneva, IL 60134.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $505,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $390,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $400,000
      Geo Method
      $435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $455,000
      Retail
      $410,000
      Mixed-Use
      $425,000
      Hospitality
      $480,000
      Educational
      $415,000
      Residential Income
      $445,000
      Energy
      $480,000
      Income-Based Land
      $390,000
      Food Service
      $460,000

    Location Insight

    • Map
    • Local Demand
    City
    Geneva
    County
    Kane
    State
    Illinois
    Longitude
    -88.3032
    Latitude
    41.8909
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $11,510
    $17,614
    $120,242
    $137,856
    -
    $52,842
    $360,726
    $413,568

    Comparable in this City

    • Value Estimation by Request
      0.26 Acres

      27 Richards St

      INDUSTRIAL (GENERAL) • 0.26 Acres
      27 Richards St, Geneva, IL 60134-2152
      View Details
    • Value Estimation by Request
      0.16 Acres

      302 Riv Ln

      INDUSTRIAL (GENERAL) • 0.16 Acres
      302 Riv Ln, Geneva, IL 60134-1453
      View Details
    • Value Estimation by Request
      0.17 Acres

      321 Stevens St

      INDUSTRIAL (GENERAL) • 0.17 Acres
      321 Stevens St, Geneva, IL 60134-1311
      View Details
    • Value Estimation by Request
      0.17 Acres

      Geneva, IL 60134

      INDUSTRIAL (GENERAL) • 0.17 Acres
      Geneva, IL 60134
      View Details
    • Value Estimation by Request
      5.47 Acres

      Geneva, IL 60134

      INDUSTRIAL (GENERAL) • 5.47 Acres
      Geneva, IL 60134
      View Details
    • Value Estimation by Request
      1.79 Acres

      1507 Averill Rd

      INDUSTRIAL (GENERAL) • 1.79 Acres
      1507 Averill Rd, Geneva, IL 60134-1682
      View Details

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    302 Riv Ln
    Geneva, IL 60134-1453
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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
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