Geneva, IL 60134 1250 Executive Place # 300
$375,000



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. Fully rented, and actively producing positive cash flow for its owner. This property is currently generating $46,800 per year with the potential to bring in $49,200 with one of the units being rented at a lower rate. 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 # 300
Other Interior Features
FlooringVinyl
General for 1250 Executive Place # 300
Additional Parcels Y/NNo
CityGeneva
Construction MaterialsBrick, Cedar
ContingencyAttorney/Inspection
CoolingCentral Air
CountyKane
Current UseCommercial, Condominium, 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
Net Operating Income33000
Number Of Units Total3
Operating Expense13800
PossessionClosing
Possible UseCommercial, Condominium, Office
Property SubtypeCondominium
Property TypeCommercial Sale
Property TypeOffice/Tech
RoofComposition
Standard StatusActive Under Contract
StatusContingent
Stories Count1
Tax Annual Amount6594
Tax Year2024
Tenant PaysElectricity, Heat
Total Actual Rent3900
TownshipGeneva
Unit Number300
UtilitiesElectric to Site, Natural Gas Available, Water Available
Year Built1980
ZoningCOMMR
Exterior for 1250 Executive Place # 300
Building Area Total3120
BuyerOfficeFax(630) 929-1120
Foundation DetailsConcrete Perimeter
Lot DimensionsCOMMON
Additional Details
Price History

SQFT • 3,120