Geneva, IL 60134 1250 Executive Place # 301-302-303
$420,000



9 more










Presented By: Real Broker, LLC
Home Details
POSITIVE CASH FLOW INVESTMENT PROPERTY!!! Come in today and see this fantastic 3 unit commercial building just down the street from the historic downtown Geneva business center This property hosts 3 separate rentable commercial units. Each unit includes 3 spacious individual private office rooms, several waiting areas, in-unit kitchenettes, and updated powder rooms/half baths. AC, Furnace, & water heater are in working order for all 3 units. Nearly fully rented with long term tenants, and actively producing positive cash flow for its owner. This property is currently generating $36,600 per year with the potential to bring in $49,200 at the current rented rates. Each unit is approximately 1040 sqft and is in an ideal location to start a new business or open a new office.
Presented By: Real Broker, LLC
Interior Features for 1250 Executive Place # 301-302-303
Other Interior Features
FlooringVinyl
General for 1250 Executive Place # 301-302-303
Additional Parcels Y/NNo
CityGeneva
Construction MaterialsBrick, Cedar
CoolingCentral Air
CountyKane
Current UseCommercial, Office
DirectionsRte 38 (State St) .25 mile west of Kirk Rd. Glengary Dr N to Executive Pl (right). Building on right.
ElectricCircuit Breakers, Service - 0 to 100 Amps
Gross Income46800
Leasable Area3120
Lease TypeGross
Lot Size Square Feet8698
MLS AreaGeneva
ModificationTimestamp2025-05-20T20:22:01.603Z
Net Operating Income33000
Number Of Units Total3
Operating Expense13800
PossessionClosing
Possible UseCommercial, Office
Property SubtypeCondominium
Property TypeCommercial Sale
Property TypeOffice/Tech
RoofComposition
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount6594
Tax Year2024
Tenant PaysElectricity, Heat
Total Actual Rent1400
TownshipGeneva
Unit Number301-302-303
UtilitiesElectricity Available, Natural Gas Available, Water Available
Year Built1980
ZoningCOMMR
Exterior for 1250 Executive Place # 301-302-303
Building Area Total3120
Foundation DetailsConcrete Perimeter
Lot DimensionsCOMMON
Additional Details
Price History
