Prime Mixed-Use Property with Endless Potential In Downtown Geneva! Do not miss out on such a unique investment opportunity with this versatile, mixed-use property. This prime location near the Geneva High School has unlimited possibilities. Perfectly blending commercial and residential spaces, the property includes two separate buildings sharing a common wall, ideal for entrepreneurs, investors, or owner-occupiers seeking rental income. The commercial side of the building is a fully operational 6-chair rental hair salon, complete with a spacious room perfect for expanding into massage, nail, or esthetician services. On the residential side, a charming 1.5 story attached single-family home provides comfortable living with 3 bedrooms, 2 full bathrooms, and a delightful front porch and a large fenced in yard to enjoy or room to expand. With its unbeatable location next to Geneva High School, this property benefits from high visibility and convenient access to local amenities, making it an ideal investment for live/work arrangements, rental income, or future development.
Location! Location! Location! Great opportunity to purchase the Patten House just off Third Street in downtown Geneva. This building has been completely remodeled in 2013. Many great quality features, two fireplaces, wrap-around porches, hardwood floors, 12ft. ceilings, 8ft. windows for great interior lighting, adding to the Charm of this building. All equipment stays, tables, chairs, coolers, (except ice machine an diswasher) includes bar, bar stools, silverware, everything that you need to open the doors. This 8,000 sq.ft. 4 story building is set up for about 150 inside seating, and around 120 more outside, on the brick fenced in patio area where there is a separate building, with bathroom and bar. Building has separate large storage room, as well as a seperate Liquor room. Property has 3 bathrooms 3 furnaces, 400 amp electrical service, 3 a/c units, an boiler. All electrical and plumbing has been completely updated including 4 inch main water line. All 4 stories of this building are sprinkled. What magnificent charm and character this property has, all within walking distance from famous Third Street Shopping. Situated on a double corner lot.
POSITIVE CASH FLOW INVESTMENT PROPERTY!!! Come in today and see this fantastic 3 unit commercial building just down the street from the historic downtown Geneva business center This property hosts 3 separate rentable commercial units. Each unit includes 3 spacious individual private office rooms, several waiting areas, in-unit kitchenettes, and updated powder rooms/half baths. AC, Furnace, & water heater are in working order for all 3 units. Nearly fully rented with long term tenants, and actively producing positive cash flow for its owner. This property is currently generating $36,600 per year with the potential to bring in $49,200 at the current rented rates. Each unit is approximately 1040 sqft and is in an ideal location to start a new business or open a new office.
Prime opportunity for your business! This commercial property, conveniently located off Route 38, offers excellent accessibility and visibility with dual entry points, with one entrance on Route 38 and the other on Garfield St. The spacious building features a versatile layout, including 9 individual offices, a spacious conference room, a dedicated training room, and 2 break areas. The property boasts 20 lined parking spaces, 1 ADA-compliant spot, and additional space for expanded parking. A 2-car attached garage provides valuable storage or operational flexibility. This property is ready to support your vision-Real Estate Brokerage, Art Gallery, Florist, Law Office and Accounting firm just to name a few options! Located only one mile away from the Geneva Metra Station making travel to and from the city a breeze! Recent updates include a new roof and gutters (2020), stained porches (2022), exterior paint (2019), and replacement of 2 furnaces and AC units (2008) and more! Ensuring a well-maintained and efficient space, perfect for a variety of business or occupancy needs, this property is ready to support your vision!
Geneva is located in Illinois. Geneva, Illinois has a population of 21,472. Geneva is more family-centric than the surrounding county with 37.46% of the households containing married families with children. The county average for households married with children is 36.28%.
The median household income in Geneva, Illinois is $126,759. The median household income for the surrounding county is $88,935 compared to the national median of $69,021. The median age of people living in Geneva is 40.7 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 37.7 inches per year, with 30 inches of snow per year.