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1000 Commerce Drive, Geneva, IL 60134
$1,100,000
1000 Commerce Drive, Geneva, IL 60134View this property at 1000 Commerce Drive, Geneva, IL 60134
1000 Commerce DriveGenevaIL60134
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Property Description
Net Lease Industrial Building For Sale- Geneva, IL, Eastside of town with 2 tenants and relatively short-term tenancies. 11,400 sf building built in 1987, this masonry building is sited on a 42,026 SF cul-de-sac lot located on Commerce Drive behind McDonald's and Miner Enterprises. It consists of two leased spaces- a 6,700 space leased to a Glass & Mirror Shop, and a 4,800 sf tenant space currently leased to an auto sales tenant. The glass & Mirror shop has an attractive 680 sf glass atrium entryway, 1,050 sf offices, and the balance of 5,650 in warehouse with two 12' OHDs. The west space has new LED lighting throughout, the warehouse has been A/Cd and the office recently remodeled. The east space is unfinished, suiting the tenant and improved only with an enclosed 2-fixture bathroom and two OHDs. The remainder of the site is paved and includes parking for 8-10 customer vehicles in front with more space in the rear for truck and auto parking. There is also a small shed for storage and a metal shipping contain placed toward the rear of the lot. Adjacent to the west, there is a detention pond serving the subject and the self-storage property to the north. The property further to the west is an electrical substation owned by the city. Call LA for information on short-term leases..
Full Property Details
Full Property Details for 1000 Commerce Dr
General
- Sold For: $1,100,000
- Taxes: $22,422 (2022)
- Status: Closed
- Type: Manufacturing
- MLS ID: 11784773
- Added to Site: 365 day(s) ago
Additional Information
- Security/Safety: Alarm Monitored
Parking
- Total Spaces: 30
Location
- Area: Geneva
- County: Kane
- Driving Directions: Rt38 State Street on the east side of Geneva, south/right by McDonald's on Glengarry to Commerce, west right
- Location Details: Far West, Commercial Business Park
Heating & Cooling
- Cooling Type: Central Air Conditioning, Office Only
- Heating Type: Ceiling Units, Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Municipal Water
Structural Information
- Construction: Brick, Block
- Roof: Membrane
- Drive-In Doors: 4
- Stories/Levels: 1
- Square Feet: 11,400
- Current Bldg. Use: Commercial
- Year Built: 1987
Unit Information
- # Tenants: 2
Lot Features
- Lot Size (Sq. Ft.): 42,026
- Lot Dimensions: 100 x 211 x 173 x 273 x 122
- Frontage: City Street
- Potential Use: Commercial
- Zoning: INDUS
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $22,422
- Security Deposit: Alarm Monitored
- Assessment Year: 1987
- Tax Amount: $22,422
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Insurance, Scavenger, Sewer
Disclosures and Reports
- Property ID: 1202477036
Listed by Coleman Land Company
Sold by Non Member
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Schools
Schools serving 1000 Commerce Dr
School District:Geneva Community Unit School District 304
Rating | Name | Grades | Distance |
---|---|---|---|
201 N Harrison St, Geneva, IL 60134 | K-5 | 0.5 mi | |
1357 Viking Dr, Geneva, IL 60134 | 6-8 | 3.6 mi | |
1415 Viking Dr, Geneva, IL 60134 | 6-8 | 3.7 mi | |
416 McKinley Ave, Geneva, IL 60134 | 9-12 | 1.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1000 Commerce Dr
Date
Details
Price
Change
Source
11/16/2023
Sold
$1,100,000
—
MLS
5/16/2023
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1000 Commerce Drive, Geneva, IL 60134 (MLS# 11784773) is a Manufacturing property that was sold at $1,100,000 on November 16, 2023. Want to learn more about 1000 Commerce Drive? Do you have questions about finding other Manufacturing real estate for sale in Geneva? You can browse all Geneva real estate or contact a Coldwell Banker agent to request more information.