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Geneva Restaurant 124 S 2nd St

8,000 SF Retail Building Geneva, IL 60134 For Sale

Investment Highlights

  • Turnkey Restaurant
  • All FF&E Included
  • Complete Rehab 2013
  • Outdoor Eating Area

Executive Summary

The Patten House is looking for a new owner! Don't miss the chance of a lifetime to own this incredible restaurant property located in the heart of downtown Geneva. This turnkey restaurant is situated just steps away from the fabled Third Street shopping district. This is an unbeatable location! The building was completely rehabbed in 2013 and received the Mayor's Choice Award. Nothing was left untouched except the charm and character of this stately and historic building. Features such as the wrap around porch, hardwood floors, impressive millwork, two fireplaces, 12' ceilings and 8' windows provide the type of ambiance that can't be duplicated. Currently set up with seating for at least 150 inside there is room for 130 more outside on the fenced, brick patio making the property great for events. There is a small building on the patio with a bathroom and a bar and the grounds are impeccably landscaped. Featuring approximately 8000 sf of usuable space on four levels the first floor is curently set up with table seating for 80 in four rooms, a bar, two ADA bathrooms, two fireplaces, a commercial kitchen with black iron system and a coffee room. The second floor has table seating for 70 more in three rooms, three bathrooms, an office and a utility room. The heart of the building is lower level. With its new concrete floor this area is set up perfectly for food prep, dishwashing and storage with a large 27' x 18' storage room as well as a separate liquor room, linen room and pantry. This is also where you will find two walk in coolers, an ice machine and the dishwasher (ice machine and dishwasher not included). Exterior access to the lower level provides the start for a smooth flow of food all the way to the table. The walk up third floor is currently unfinished and utilitized for storage. Infrastructure upgrades include a 4" main water line, 400 amp electrical service, three furnaces, one boiler and three a/c units. All of the electrical and plumbing has been completely updated plus the building is sprinklered on all four levels. All FF&E is included. List price is subject to offer.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,000 SF
Building Class
B
Year Built
1860
Tenancy
Single
Building Height
4 Stories
Building FAR
0.45
Land Acres
0.41 AC
Zoning
D-RSCM - Commercial - Restaurant

Amenities

  • Restaurant
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 8,000 SF
  • Restaurant
  • -
  • Now

Turnkey restaurant with table seating on the first and second floors, first floor kitchen bar and expansive outdoor space. Food prep, coolers and storage in the purpose built lower level. -Rent price is subject to offer.

Space Size Space Use Position Available
1st Floor 8,000 SF Restaurant - Now

1st Floor

Size
8,000 SF
Space Use
Restaurant
Position
-
Available
Now

1st Floor

Size 8,000 SF
Space Use Restaurant
Position -
Available Now

Turnkey restaurant with table seating on the first and second floors, first floor kitchen bar and expansive outdoor space. Food prep, coolers and storage in the purpose built lower level. -Rent price is subject to offer.

Walk Score ®
Very Walkable (83)
Bike Score ®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-03-453-012
Land Assessment
$112,099
Improvements Assessment
$173,477
Total Assessment
$285,576
  • Listing ID: 31694756

  • Date on Market: 5/3/2024

  • Last Updated:

  • Address: 124 S 2nd St, Geneva, IL 60134

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