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    Geneva, IL
    Retail

    Geneva, IL Retail Space for Sale

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    Retail Building in Downtown Geneva
    Updated: May 21
    Retail Building in Downtown Geneva

    515 W State St, Geneva, IL 60134

    $2,100,000
    12,000 sqft 0.60 AC lot
    Prominent corner location on State St (IL Rt 38) in downtown Geneva, IL
    12,000+ sf building on 0.6 acre site suitable for owner‑user or redevelopment
    Generous onsite private parking
    Strong suburban demographics: $175,487 average household income (5 mi)
    High traffic counts: 20,200 VPD
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    This listing looks promising.

    Here's a quick look at some key insights for

    515 W State St, Geneva, IL 60134

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    • Est. Cap Rate

      6.9%
      Above avg (5.9%)

    • Est. NOI

      $145K
      Annual

    • Price @ 7% Cap

      $2.07M
      Suggested

    • Last Sold

      Feb 2024
      $38K

    • Property Type

      Commercial (General)
      Built 1953
    View Property Analytics
    Versatile Retail and Office Building
    Updated: Jul 21
    Versatile Retail and Office Building

    111 E Side Drive, Geneva, IL 60134

    $895,000
    0.90 AC lot
    Approximately 1,800 SF brick commercial building built in 1975 with central air
    Zoned B4 Business District for a broad range of commercial and business uses (buyer to verify permitted uses with City of Geneva)
    About 0.90‑acre site on East Side Drive with ample frontage, visibility, and parking
    Convenient access to downtown Geneva, Randall Road, Route 38, and the Metra station
    Versatile property layout with stated immediate occupancy or income potential and redevelopment possibilities (subject to municipal approval)
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    Turnkey Liquor Store Business
    Turnkey Liquor Store Business

    1439 E State Street, Geneva, IL 60134

    $275,000
    229.57 AC lot

    Fully operational liquor store business offering beer, wine, and spirits, with onsite sales and consumption approved.

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    Free-Standing Mixed-Use Building
    Free-Standing Mixed-Use Building

    428 W State Street, Geneva, IL 60134

    $899,000
    2,100 sqft 0.21 AC lot

    Historic free-standing building with soaring ceilings, original woodwork, and a private parking lot for occupancy or development.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Retail Space on Randall Road
    Retail Space on Randall Road

    1770 S Randall Rd, Geneva, IL 60134

    Contact for pricing
    6,135 sqft

    Retail space in a busy shopping center on Randall Road.

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    Randall Road Retail Center
    Randall Road Retail Center

    1772-1792 S Randall Rd, Geneva, IL 60134

    Contact for pricing
    41,614 sqft

    Retail and medical space available in high-traffic Geneva location.

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    Established Smoke Shop in Geneva
    Established Smoke Shop in Geneva

    1419 E State St, Geneva, IL 60134

    $160,000

    Turnkey smoke shop in a high-traffic Geneva retail corridor.

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    Multi-Tenant Retail Center
    Multi-Tenant Retail Center

    308 Anderson Blvd, Geneva, IL 60134

    Contact for pricing

    Fully leased multi-tenant retail center with an updated facade and onsite parking.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 8 Active listings in Geneva, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building in Downtown
    Mixed-Use Building in Downtown

    St Charles, IL 60174

    Contact for pricing
    8,660 sqft

    Mixed-use building in the heart of downtown St. Charles.

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    Historic Office and Retail Building
    Historic Office and Retail Building

    141 S Neltnor Boulevard, West Chicago, IL 60185

    $250,000

    Commercially zoned 1927 building with multiple second-level rooms, kitchen, and unfinished basement storage.

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    Mixed-Use Property in St. Charles
    Mixed-Use Property in St. Charles

    St Charles, IL 60174

    $775,000
    7,500 sqft

    Highly visible mixed-use property with office and retail spaces.

    View details
    Retail Investment Property
    Retail Investment Property

    1935 N Neltnor Blvd, West Chicago, IL 60185

    Contact for pricing
    78,271 sqft

    For sale retail asset with a reported 7.50% cap rate and 78,271 SF in West Chicago, IL.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    Off-Market Properties in Geneva, IL

    Consider similar Off-Market properties in Geneva, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    322-324 State St
    Individual retail properties

    322-324 State St, Geneva, IL 60134

    Value Estimation by Request
    17,160 sqft 0.13 AC lot
    View details
    1596 Randall Rd
    Individual retail properties

    1596 Randall Rd, Geneva, IL 60134

    Value Estimation by Request
    View details

    Geneva, IL Retail Space Market Trends and Statistics

    Explore 10 retail space for sale in Geneva, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 61,849 square feet of properties for sale, with an estimated market value of $4,329,000.

    Sale prices for retail space in Geneva, IL start at $160,000, averaging $865,800, and reaching up to $2,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 8
    Storefront properties 3

    Demographics Overview

    Population 30K
    Population Growth (5Y) +1.5%
    Median Household Income $148,283
    College Educated 93.2%

    High-Yield Neighborhoods for Investment

    Identify Geneva submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60134 $750K

    Taxes & Financing

    Tax Rate (average for all types) 8.23%
    Property Tax per SF $86.98 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kane County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Geneva fall within the 5,000 to 10,000 square foot range.

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