426 3rd St Ste 1, Geneva, IL 60134-2708
This exceptional two-story, 8,945 square foot building presents a rare opportunity in the thriving downtown Geneva market. Ideally situated, this property boasts high visibility and convenient accessibility, just a short walk from the Geneva train station. The building features a mix of medical and traditional office spaces, currently divided into four suites, with a minimum divisible space of 1,221 square feet and a maximum contiguous space of 4,457 square feet. The flexible layout allows for various configurations to suit diverse business needs. Built in 1989, the building is well-maintained and includes modern amenities such as an elevator and ample parking with 30 spaces available for tenants and clients. The 0.6-acre lot provides ample space and the B4 zoning offers flexibility for future development. The property's address is further identified by APN numbers 12-10-202-009 and 12-10-202-010, and its convenient location on a cross street of South St. Geneva's robust economic growth and above-trend population increase over the past decade make this a prime investment opportunity. This classic structure offers a blend of functionality and prime location, making it an ideal choice for businesses seeking a prominent presence in a dynamic and growing community.
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Dr. Kevin R. Haddle, DDS, MD Dental Office
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Geneva Winery & Tasting Room Brewery & Distillery Specialty Food Shop
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Illinois Oral & Maxillofacial Surgery Dental Office
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Baby Majors Courier Service Postal Service
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Down To Earth Pottery Art Gallery Pottery Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.