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Property profile & analytics

317 3Rd St Geneva, IL 60134

  • Commercial real estate
  • 3,566 SF
  • 0.40 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-0121201
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

  • The Wellington Group, Inc. / Employment Agency
  • The James / Restaurant
  • Gregory Hyde / Musician
  • Fiora Enterprises / General Contractor

Property Details for 317 3Rd St

Year built
1895
Lot size
0.40 lot acres
Property size
3,566 SF
Property type
Commercial real estate
APN
12-03-461-003
APU
1203461003

Description

This fully furnished, 1,200 square foot office suite is located on the second floor of a beautifully renovated, historic building (1895, renovated 2009) at 317 S 3rd St, Geneva, IL 60134. The suite, part of a larger 3,966 square foot building, offers six rooms with a mix of hardwood and carpeted floors and abundant natural light from numerous windows. Ideal for a law firm, financial advisor, or other professional services, the space has the potential to be subdivided. Shared amenities include a restroom and entrance. The owner occupies two additional rooms on the second floor. The property boasts a prime location in Geneva's historic Third Street business district, just 3.5 blocks south of State Street, two blocks from the Kane County Courthouse, and 2.5 blocks from the Metra commuter station. A fine dining restaurant, The James, occupies the first floor. Limited private parking is available behind the building. The monthly rent of $3,000 includes estimated operating expenses of $6 per square foot. The property is zoned D-RSCM (Residentially Scaled Commercial Mixed-Use) and has a Kane County APN of 12-03-461-003. A virtual tour is available.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $740,000
    6.5%
    $680,000
    7%
    $635,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $629,000
    Market price range: $200k - $629k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Geneva
County
Kane
State
Illinois
Longitude
-88.3084
Latitude
41.884
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
$26,187
$145,113
$156,227
$301,340
-
$435,339
$468,681
$904,020
More about this property
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