Property for Sale: 426 S 3rd #1-2, Geneva, IL 60134

$2,150,000
$2,150,000
426 S 3rd #1-2, Geneva, IL 60134
$2,150,000
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Price:
$2,150,000
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Type Commercial
Year Built 1989
City Geneva
County Kane
MLS 12107851
Status Active Under Contract
An exceptional investment opportunity. Current cap rate of 8.03% and a 10-year IRR of 15.94%. Fully leased with long-term, stable tenants, 3 of 4 on Absolute NNN terms all with 3% annual rent escalations. Steady income guaranteed. The strategic location within the thriving Chicago-Naperville-Elgin Metropolitan Statistical Area, combined with potential rental increases and market growth, positions this property for substantial value appreciation and robust returns for investors. Multiple PIN Numbers: 12-10-202-009 / 12-10-202-010

Lot & Building Features

Construction Concrete, Wood Frame
Cooling Central Air
Tax Year 2023
Lot Dimensions .60 ft

Price History of 426 3rd, Geneva, IL

Date Name Price Difference
12/31/1969 Listing Price $2,150,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Inquire about this property

Photo of Bill Jankovich
Direct: 773-484-6743
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by GC Realty and Development, Maria Regalado
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426 3rd (MLS #12107851) is a commercial listing located in Geneva, IL. This property was listed on 07/12/2024 and has been priced for sale at $2,150,000.

Nearby zip codes are 60140, 60147, 60151, 60174 and 60510. This property neighbors other cities such as Batavia, La Fox, Maple Park, Pingree Grove and St Charles.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: GC Realty and Development