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$1,650,000
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Property Description
Don't miss the chance of a lifetime to own this landmark retail building in desirable downtown Geneva. With potential for two retail store fronts this is an unbeatable location in the middle of everything that downtown Geneva has to offer. The versatile D-CM zoning allows for a variety of mixed use development that can provide an exponential return on investment for the right buyer including second floor condos or apartments. Updates to the roof in 2022 qulaify for a 20 year warranty. A newer elevator serves all three levels and the building is fully sprinklered. Features include prominent display windows on State St, distinctive and historic interior finishes and original narrow plank hardwood flooring (refinished in 2020) not to mention gorgeous original tin ceilings and millwork. Currently set up for retail use there are multiple showrooms on the first and second floors, dedicated office space and kitchen facilities. The basement is clean, dry and suitable for showroom display, production and storage. Three levels comprised of 16,500 sf total lends itself to uses such as an event center, brewery, restaurant, furniture store, retail store and more. The original building is 8575 sf above grade plus a 4105 sf basement. An addition was added in 2001 consisting of 2590 sf on two levels and a 1230 sf basement. Mechanical and electrical systems have been updated. A possible leaseback by Geneva Design House/Strawflower Shop, a long standing anchor business to the downtown area provides an opportunity for immediate cash flow. Tenant can also downsize or vacate for an owner user or full building development. Owner is open to strategic partnerships and creative ideas. Plans are on file for condo development of the second floor.
Full Property Details
Full Property Details for 210 W State St
General
- Sold For: $1,650,000
- Taxes: $32,680 (2021)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 11726339
- Added to Site: 1, 094 day(s) ago
Interior
- Interior Features: Passenger Elevator(s), Basement
- Flooring: Wood
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s), Sprinklers (Wet)
Location
- Area: Geneva
- County: Kane
- Driving Directions: West State St (Route 38) downtown Geneva between 2nd and 3rd Street on the South side of the street
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Sub-Flooring: Wood
- Stories/Levels: 2
- Square Feet: 11,306
- Year Built: 1910
Lot Features
- Lot Size (Sq. Ft.): 7,406
- Lot Dimensions: 138 x 48 x 138 x 48
- Zoning: OTHER
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site, Fire Extinguisher/s, Sprinklers-Wet
- Assessment Year: 1910
- Tax Amount: $32,680
- Tax Year: 2021
Disclosures and Reports
- Property ID: 1203414005
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Schools
Schools serving 210 W State 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 | 2.6 mi |
Geneva Middle School South 1415 Viking Drive, Geneva, IL 60134 | 6-8 | 2.7 mi |
Geneva Community High School 416 McKinley Avenue, Geneva, IL 60134 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 210 W State St
Date
Details
Price
Change
Source
6/26/2023
Sold
$1,650,000
-8.33%
MLS
2/27/2023
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
210 W State Street, Geneva, IL 60134 (MLS# 11726339) is a Commercial property that was sold at $1,650,000 on June 26, 2023. This property was sold by The McKay Group from our St Charles Office.Want to learn more about 210 W State Street? Do you have questions about finding other Commercial real estate for sale in Geneva? You can browse all Geneva real estate or contact a Coldwell Banker agent to request more information.


