223 E State St
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223 E State St
3,336 SF 100% Leased Office Building Geneva, IL 60134 $685,000 ($205/SF)
Investment Highlights
- Two Entrances, one off Route 38 and one off of Garfield Road
- Attached 2 car garage
- Lots of offices/space
- Zoned Heating and Air
Executive Summary
Prime opportunity for your business! This commercial property, conveniently located off Route 38, offers excellent accessibility and visibility with dual entry points, with one entrance on Route 38 and the other on Garfield St. The spacious building features a versatile layout, including 9 individual offices, a spacious conference room, a dedicated training room, and 2 break areas. The property boasts 20 lined parking spaces, 1 ADA-compliant spot, and additional space for expanded parking. A 2-car attached garage provides valuable storage or operational flexibility. This property is ready to support your vision-Real Estate Brokerage, Art Gallery, Florist, Law Office and Accounting firm just to name a few options! Located only one mile away from the Geneva Metra Station making travel to and from the city a breeze! Recent updates include a new roof and gutters (2020), stained porches (2022), exterior paint (2019), and replacement of 2 furnaces and AC units (2008) and more! Ensuring a well-maintained and efficient space, perfect for a variety of business or occupancy needs, this property is ready to support your vision!
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Building Size
3,336 SF
Building Class
C
Year Built/Renovated
1899/2022
Price
$685,000
Price Per SF
$205
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,668 SF
Building FAR
0.11
Land Acres
0.67 AC
Zoning
DC-M - Downtown commercial mixed use
Parking
20 Spaces (6 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
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Walk Score ®
Very Walkable (78)
Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
Parcel Number | 12-02-351-028 | Improvements Assessment | $101,599 |
Land Assessment | $97,294 | Total Assessment | $198,893 |
PROPERTY TAXES
Parcel Number
12-02-351-028
Land Assessment
$97,294
Improvements Assessment
$101,599
Total Assessment
$198,893
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223 E State St
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