TechPro Building | 318 Anderson Blvd
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TechPro Building 318 Anderson Blvd
9,678 SF Office Building Geneva, IL 60134 $800,000 ($83/SF)
Executive Summary
Exceptional Investment Opportunity: Ideal for Apartments or Multifamily Development
Are you an investor with a vision for revitalizing or reimagining a prime property for apartments or multifamily development? Look no further than 318 Anderson Blvd in beautiful Geneva, Illinois.
Property Overview:
- Size and Potential: This expansive property encompasses 9,678 Square feet and is perfectly positioned for the construction of modern apartments or a multifamily complex, offering an opportunity for significant returns on your investment.
- Versatility: The current building, while in need of renovation, provides a solid foundation for redevelopment. You have the choice to refurbish the existing structure or embark on an exciting journey to create a brand-new multifamily residence that caters to the growing demand for quality housing in this thriving community.
Location and Amenities:
- Prime Location: Situated in the heart of Geneva, this property enjoys a strategic location with easy access to major transportation routes, making it an attractive choice for potential residents.
- Community Appeal: Geneva is celebrated for its picturesque surroundings, a welcoming atmosphere, and a vibrant downtown, offering your future tenants an exceptional quality of life.
- Growth Potential: The area is witnessing consistent growth and urban development, presenting an ideal climate for long-term investments in the real estate sector.
Investor Benefits:
- Renovation Potential: With the existing structure, there's an opportunity to modernize and reconfigure the space according to your project's specifications.
- Blank Canvas: For those seeking a fresh start, the property provides a blank canvas, allowing you to design and construct an apartment complex tailored to the specific needs and desires of the local market.
- Profit Potential: Geneva's strong real estate market, coupled with the increasing demand for multifamily housing, offers substantial profit potential for your investment.
Don't miss the chance to be part of the transformation and growth of this prosperous community. Whether you choose to renovate the existing building or start fresh, 318 Anderson Blvd is your canvas for creating a desirable and lucrative multifamily development.
Contact us today to schedule a comprehensive tour and explore the endless possibilities that this property offers to investors like you. Make your mark on Geneva's thriving real estate landscape and secure your investment future.
For inquiries and further details, please contact:
Barry Bourdage
bbourdage@techpro.com
630-938-5301
Are you an investor with a vision for revitalizing or reimagining a prime property for apartments or multifamily development? Look no further than 318 Anderson Blvd in beautiful Geneva, Illinois.
Property Overview:
- Size and Potential: This expansive property encompasses 9,678 Square feet and is perfectly positioned for the construction of modern apartments or a multifamily complex, offering an opportunity for significant returns on your investment.
- Versatility: The current building, while in need of renovation, provides a solid foundation for redevelopment. You have the choice to refurbish the existing structure or embark on an exciting journey to create a brand-new multifamily residence that caters to the growing demand for quality housing in this thriving community.
Location and Amenities:
- Prime Location: Situated in the heart of Geneva, this property enjoys a strategic location with easy access to major transportation routes, making it an attractive choice for potential residents.
- Community Appeal: Geneva is celebrated for its picturesque surroundings, a welcoming atmosphere, and a vibrant downtown, offering your future tenants an exceptional quality of life.
- Growth Potential: The area is witnessing consistent growth and urban development, presenting an ideal climate for long-term investments in the real estate sector.
Investor Benefits:
- Renovation Potential: With the existing structure, there's an opportunity to modernize and reconfigure the space according to your project's specifications.
- Blank Canvas: For those seeking a fresh start, the property provides a blank canvas, allowing you to design and construct an apartment complex tailored to the specific needs and desires of the local market.
- Profit Potential: Geneva's strong real estate market, coupled with the increasing demand for multifamily housing, offers substantial profit potential for your investment.
Don't miss the chance to be part of the transformation and growth of this prosperous community. Whether you choose to renovate the existing building or start fresh, 318 Anderson Blvd is your canvas for creating a desirable and lucrative multifamily development.
Contact us today to schedule a comprehensive tour and explore the endless possibilities that this property offers to investors like you. Make your mark on Geneva's thriving real estate landscape and secure your investment future.
For inquiries and further details, please contact:
Barry Bourdage
bbourdage@techpro.com
630-938-5301
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Building Size
9,678 SF
Building Class
C
Year Built
1935
Price
$800,000
Price Per SF
$83
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
3,226 SF
Building FAR
0.53
Lot Size
0.42 AC
Zoning
B-3, Geneva
Parking
16 Spaces (1.65 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Security System
- Basement
- Central Heating
- High Ceilings
- Open-Plan
- Air Conditioning
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Walk Score ®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 12-03-181-004 | Improvements Assessment | $22,266 |
| Land Assessment | $32,494 | Total Assessment | $54,760 |
PROPERTY TAXES
Parcel Number
12-03-181-004
Land Assessment
$32,494
Improvements Assessment
$22,266
Total Assessment
$54,760
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TechPro Building | 318 Anderson Blvd
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