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1002-1096 Commons Dr
Geneva, IL 60134
The Shoppes at Geneva Commons · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
23,923 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2003
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
3.15 AC
Zoning
B5, Geneva
Parking
126 Spaces (5.3 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
About 1002-1096 COMMONS DR , GENEVA, IL 60134
This is a rare opportunity to acquire an outlot to a super-regional power center - one of the strongest performing lifestyles centers in the Chicago MSA. The asset features passive net leases with a diverse tenant base and a historically low vacancy rates. All tenants pay their pro-rata share of CAM, taxes, insurance, management/admin fees and most tenants reimburse for capital expenses (amortized over their useful life). The property allows an investor to further enhance its value through the lease-up of the last remaining space.
Property Taxes
| Parcel Number | 12-05-228-008 | Improvements Assessment | $1,569,833 |
| Land Assessment | $850,167 | Total Assessment | $2,420,000 |
Property Taxes
Parcel Number
12-05-228-008
Land Assessment
$850,167
Improvements Assessment
$1,569,833
Total Assessment
$2,420,000
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