28 N Bennett St - Loft/Creative Space FOR SALE


Geneva, IL 60134
$1,150,000 USD
630-688-7483
28 N Bennett St, Geneva, IL for Sale
$1,150,000 USD
Loft/Creative Space - FOR SALE
1/5
null | 6.2% Cap Rate

28 N Bennett St
Geneva, IL 60134


HIGHLIGHTS

  • 4,873 SF historic building circa 1848
  • Riverfront location
  • Four separate tenant units
  • Versatile commercial space, Upside income potential
  • Private onsite parking lot
  • Zoned D-CM

OVERVIEW

Multi-tenant investment property in downtown Geneva IL. This charming, historic 4,873 SF building (circa 1848), features a riverfront location, onsite private parking lot, limestone and wood-sided exterior, many interior upgrades, and upside investment potential. Zoned D-CM and featuring 4 separate tenant spaces, this versatile property offers flexibility for a variety of office and other commercial uses. Excellent opportunity for the investor seeking an addition to their portfolio, or for a potential owner-user. CAP rate reflects Proforma potential rent on the vacancy. LOCATION: East side of Geneva IL, an upscale, far western suburb of Chicago. Immediately east of the Fox River bridge, just north of State St (Rt 38) on the west side of Bennett St (Rt 25). Walking distance to downtown Geneva. Close to many restaurants, boutiques and business services. 1 mile from Metra commuter train. 2025 Demographics (5 mi): Population - 105,278. Avg household income: $163,265.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$235 USD /SF

CAP RATE

6.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Historic Riverfront Property

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1848

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

D-CM

APN/PARCEL ID

12-02-305-019

ASK ABOUT THIS PROPERTY

Sharon O'LearySVN | Landmark Commercial Real EstateMore Info
630-688-7483

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Sharon O'LearySVN | Landmark Commercial Real EstateMore Info
630-688-7483

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.