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    OFF-MARKET
    Commercial real estate

    426 3rd St Ste 1, Geneva, IL 60134-2708

    4,032 SF 0.29 ac lot Built 1989
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US28-3376498
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1989
    Total area 4,032 SF
    Lot 0.29 ac (12,850 SF)
    APN 12-10-202-009
    UPID US28-3376498
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dr. Kevin R. Haddle, DDS, MD Dental Office
    • Geneva Winery & Tasting Room Brewery & Distillery Specialty Food Shop
    • Illinois Oral & Maxillofacial Surgery Dental Office
    • Baby Majors Courier Service Postal Service
    • Down To Earth Pottery Art Gallery Pottery Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Mandala Investments II LLC · 1 yrs held
    Mandala Investments II LLC
    since 2025
    Last sale
    $2.1M
    6 recorded transactions
    2025
    $2.1M
    2020
    2019
    2018
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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