515 W State St - Freestanding FOR SALE


Geneva, IL 60134
$2,100,000 USD
630-669-1414
515 W State St, Geneva, IL for Sale
$2,100,000 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

515 W State St
Geneva, IL 60134


HIGHLIGHTS

  • Retail Building in Mixed-Use Downtown Area
  • 12,000+ sf Building on 0.6 Acre Site (2 lots)
  • Prominent Corner Location on State St (IL Rt 38)
  • Existing Liquor Store Business is Not For Sale
  • Owner-User or Redevelopment Opportunity
  • Generous Onsite Private Parking

OVERVIEW

12,000+ sf single-user retail building on 0.6 acres. Prominent suburban downtown corner location. Existing liquor store business is not for sale. Property is ideal for grocery, specialty market, liquor, furniture, fitness, or entertainment business. Generous onsite private parking. Convenient delivery area in rear. Owner/user or redevelopment opportunity. Lots of coolers & storage. Fixtures & equipment negotiable. BUSINESS IS NOT FOR SALE. PLEASE DO NOT DISTURB EMPLOYEES OR CUSTOMERS. CONTACT BROKER. LOCATION: In downtown Geneva IL, an upscale community in west-suburban Chicago. At northeast corner of State St (Rt 38) & Sixth St. Mixed-use commercial & residential area. Across Sixth St from a busy retail center anchored by Ace Hardware & 7-Eleven. Surrounded by a variety of shopping, restaurant, and office properties. Traffic Counts (CoStar): 20,200 VPD. Demographics (5 mi): Population: 106,657. Avg household income: $175,487.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,749 SF

ZONING

D-CM

APN/PARCEL ID

12-03-408-007,12-03-408-008

ASK ABOUT THIS PROPERTY

Neil JohnsonSVN Landmark Commercial Real EstateMore Info
630-669-1414

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Neil JohnsonSVN Landmark Commercial Real EstateMore Info
630-669-1414

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