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515 W State St 12,165 SF Retail Building Geneva, IL 60134 $2,100,000 ($172.63/SF)
Investment Highlights
- Retail Building in Mixed-Use Downtown Area
- Prominent Corner Location on State St (IL Rt 38)
- Owner-User or Redevelopment Opportunity
- 12,000+ sf Building on 0.6 Acre Site (2 lots)
- Existing Liquor Store Business is Not For Sale
- Generous Onsite Private Parking
Executive Summary
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.
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.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,165 SF
Building Class
C
Year Built
1953
Price
$2,100,000
Price Per SF
$172.63
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
0.61 AC
Zoning
D-CM - Downtown Commercial Mixed-Use
Parking
36 Spaces (2.95 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $165,776 | |
| Land Assessment | $148,767 | Total Assessment | $314,543 |
Property Taxes
Parcel Numbers
Land Assessment
$148,767
Improvements Assessment
$165,776
Total Assessment
$314,543
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515 W State St
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