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$2,895,000 Just Listed
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Property Description
Don't miss the chance of a lifetime to own this incredible restaurant property located in the heart of downtown Geneva. This turnkey restaurant is situated in an unbeatable location just steps away from the fabled Third Street shopping district. The building was completely rehabbed in 2013 and received the Mayor's Choice Award. Nothing was left untouched except the charm and character of this stately and historic building. Features such as the wrap-around porch, hardwood floors, impressive millwork, two fireplaces, 12' ceilings, and 8' windows provide the type of ambiance that can't be duplicated. Currently set up with seating for at least 150 inside there is room for 130 more outside on the fenced, brick patio making the property great for events. There is a small building on the patio with a restroom and a bar and the grounds are impeccably landscaped. Featuring approximately 8000 sf of usable space on four levels the first floor is currently set up with table seating for 80 in four rooms, a bar, two ADA bathrooms, two fireplaces, a commercial kitchen with a black iron system, and a coffee room. The second floor has table seating for 70 more in three rooms, three bathrooms, an office, and a utility room. The heart of the building is lower level. With its new concrete floor, this area is set up perfectly for food prep, dishwashing, and storage with a large 27' x 18' storage room as well as a separate liquor room, linen room, and pantry. This is also where you will find two walk-in coolers, an ice machine, and the dishwasher (ice machine and dishwasher not included). Exterior access to the lower level provides the start for a smooth flow of food all the way to the table. The walk-up third floor is currently unfinished and utilized for storage. Infrastructure upgrades include a 4" main water line, 400 amp electrical service, three furnaces, one boiler, and three a/c units. All of the electrical and plumbing has been completely updated plus the building is sprinklered on all four levels. All FF&E is included.
Full Property Details
Full Property Details for 124 S 2nd St
General
- Price: $2,895,000
- Taxes: $18,728 (2025)
- Status: Active
- Type: Commercial Service
- Source: MRED
- MLS ID: 12747807
Interior
- Interior Features: Accessible Entrance, Accessible Washroom/s, Basement
- Flooring: Carpet, Wood
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s), Sprinklers (Wet), Carbon Monoxide Detector(s)
Location
- Area: Geneva
- County: Kane
- Township: Geneva
- Driving Directions: Route 38 downtown Geneva to Second Street, South on Second Street to address
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas, Hot Water, Radiators
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Stone
- Sub-Flooring: Carpet, Wood
- Stories/Levels: 3
- Square Feet: 4,626
- Year Built: 1860
Lot Features
- Lot Size (Sq. Ft.): 18,960
- Lot Dimensions: 150 x 120 x 150 x 120
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site, Fire Extinguisher/s, Sprinklers-Wet, Carbon Monoxide Detector(s)
- Assessment Year: 1860
- Tax Amount: $18,728
- Tax Year: 2025
Disclosures and Reports
- Property ID: 1203453012
Listed by Coldwell Banker Real Estate Group
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Schools
Schools serving 124 S 2nd St
School District:Geneva Community Unit School District 304
| Name | Grades | Distance |
|---|---|---|
Williamsburg Elementary School 1812 Williamsburg Avenue, Geneva, IL 60134 | K-5 | 1.1 mi |
Geneva Middle School North 1357 Viking Drive, Geneva, IL 60134 | 6-8 | 2.5 mi |
Geneva Middle School South 1415 Viking Drive, Geneva, IL 60134 | 6-8 | 2.6 mi |
Geneva Community High School 416 McKinley Avenue, Geneva, IL 60134 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 124 S 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,231
—
$237,311
-24%
2025
$18,231
-26%
$314,134
10%
2023
$24,533
6%
$285,576
8%
2022
$23,060
2%
$265,356
4%
2021
$22,600
—
$255,494
2%
2021
$22,600
1%
$251,594
2%
2019
$22,326
6%
$246,830
6%
2018
$21,020
1%
$232,365
3%
2017
$20,823
-1%
$226,168
1%
2016
$20,937
-1%
$223,111
5%
2015
$21,232
3%
$212,123
5%
2014
$20,563
-13%
$201,831
-15%
2013
$23,594
—
$236,331
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 124 S 2nd St
124 S 2nd Street, Geneva, IL 60134 (MLS# 12747807) is a Commercial Service property. 124 S 2nd Street is currently listed for $2,895,000 and was received on August 31, 2026. Want to learn more about 124 S 2nd Street? Do you have questions about finding other Commercial Service real estate for sale in Geneva? You can browse all Geneva real estate or contact a Coldwell Banker agent to request more information.

