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Listed price in listed location currency (USD).
$1,650,000
$1,800,000

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MLS® 11726339

  • Key Facts
  • Description
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Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $32,680
Approx. Age 1910
MLS® Number 11726339

Property Address: 210 W State St, Geneva, IL, 60134-2217

Average square foot calculated using Size range provided by listing agent.

Description

Don't miss the chance of a lifetime to own this landmark retail building in desirable downtown Geneva. With potential for two retail store fronts this is an unbeatable location in the middle of everything that downtown Geneva has to offer. The versatile D-CM zoning allows for a variety of mixed use development that can provide an exponential return on investment for the right buyer including second floor condos or apartments. Updates to the roof in 2022 qulaify for a 20 year warranty. A newer elevator serves all three levels and the building is fully sprinklered. Features include prominent display windows on State St, distinctive and historic interior finishes and original narrow plank hardwood flooring (refinished in 2020) not to mention gorgeous original tin ceilings and millwork. Currently set up for retail use there are multiple showrooms on the first and second floors, dedicated office space and kitchen facilities. The basement is clean, dry and suitable for showroom display, production and storage. Three levels comprised of 16, 500 sf total lends itself to uses such as an event center, brewery, restaurant, furniture store, retail store and more. The original building is 8575 sf above grade plus a 4105 sf basement. An addition was added in 2001 consisting of 2590 sf on two levels and a 1230 sf basement. Mechanical and electrical systems have been updated. A possible leaseback by Geneva Design House/Strawflower Shop, a long standing anchor business to the downtown area provides an opportunity for immediate cash flow. Tenant can also downsize or vacate for an owner user or full building development. Owner is open to strategic partnerships and creative ideas. Plans are on file for condo development of the second floor.
MLS® Number11726339
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1910
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Apr 19, 2023End Date
$1,650,000Sold Price

Sold

Feb 27, 2023List Date
$1,800,000List Price
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Starting Address
Destination Address
210 W State St, Geneva, IL

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