415 W State St 7,959 SF 100% Leased Retail Building Geneva, IL 60134 $1,750,000 ($219.88/SF) 7.20% Cap Rate

Interra Realty has been exclusively engaged to market for sale the retail property located at 415 West State Street in Geneva, IL. The property is a 7,959 SF brick retail center comprised of five (5) suites and is currently 100% leased to three (3) established local tenants. The property also includes twenty-seven (27) dedicated surface parking spaces, a rare amenity for a downtown Geneva retail asset. The property has been well maintained by current ownership, with a complete building remodel and upgrade in 2008 and four (4) new HVAC condensers installed in 2025.
The property is prominently positioned in Downtown Geneva's Historic District on West State Street (Route 38) near 3rd Street, one of the highest trafficked retail corridors in Geneva and the primary east-west arterial through the downtown core. Tenants and customers benefit from immediate proximity to Geneva's Third Street shopping and dining district, the Geneva Metra Station, and the Fox River. The property is also strategically located near Routes 31 and 64, providing easy access to St. Charles, Batavia, and the broader Fox Valley. The surrounding trade area is densely populated and affluent, with 85,000 residents between Geneva, Batavia, and St. Charles.