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$675,000 Just Listed
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Property Description
Prime opportunity for your business in a highly visible Route 38 location! This well-maintained commercial property offers outstanding accessibility with dual entry points-one directly from Route 38 and another from Garfield Street-making it easy for clients, staff, and deliveries alike. Inside, the spacious and versatile layout includes nine private offices, a large conference room, a dedicated training room, and break area, allowing for a wide range of business uses. The property features 20 striped parking spaces, including one ADA-compliant spot, plus additional space for future parking expansion. A two-car attached garage adds valuable storage or operational flexibility. Ideal for a real estate brokerage, law office, accounting firm, art gallery, florist, or other professional or creative uses, this building is designed to adapt to your vision. Conveniently located just one mile from the Geneva Metra Station, commuting to and from the city is effortless. Recent improvements include a new roof and gutters (2020), exterior paint (2019), stained porches (2022), and two furnaces and AC units replaced (2008), reflecting consistent care and long-term efficiency. Possible TIF incentives add further value. A standout, high-exposure commercial opportunity and major development potential.
Full Property Details
Full Property Details for 223 E State St
General
- Price: $675,000
- Taxes: $16,647 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12550714
- Updated: 2/5/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Common Meeting Room(s), Storage Inside, Basement
- Fireplace: Yes
- Number of Fireplaces: 2
- Flooring: Carpet, Wood
Additional Information
- Security/Safety: Alarm Monitored
Location
- Area: Geneva
- County: Kane
- Township: Geneva
- Driving Directions: Route 38 to the property. The property is located on the north side of Route 38.
- Location Details: Far West
Heating & Cooling
- Cooling Type: Central Air Conditioning, Zoned
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Storm Sewer
- Water: Municipal Water
- Trash: 308
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected
Structural Information
- Construction: Wood, Frame
- Exterior Const.: Wood, Frame
- Roof: Composition
- Sub-Flooring: Carpet, Wood
- Stories/Levels: 2
- Year Built: 1899
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 29,185
- Lot Dimensions: .67
- Potential Use: Commercial
- Zoning: PUD
Financial Considerations
- Lease Price: $22
- Insurance Fee: $3,400
- Other Fee: $1,800
- Security Deposit: Alarm Monitored
- Assessment Year: 1899
- Tax Amount: $16,647.3
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Insurance, Scavenger, Sewer
- Pays Electric: 1173
- Pays Trash: 308
- Pays Sewer: Storm Sewer
Disclosures and Reports
- Property ID: 1202351028
Listed by Hometown Realty Group
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Schools
Schools serving 223 E State St
School District:Geneva Community Unit School District 304
| Name | Grades | Distance |
|---|---|---|
Harrison Street Elementary School 201 North Harrison Street, Geneva, IL 60134 | K-5 | 0.3 mi |
Geneva Middle School North 1357 Viking Drive, Geneva, IL 60134 | 6-8 | 3 mi |
Geneva Middle School South 1415 Viking Drive, Geneva, IL 60134 | 6-8 | 3.1 mi |
Geneva Community High School 416 McKinley Avenue, Geneva, IL 60134 | 9-12 | 1.1 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 223 E State St
Date
Details
Price
Change
Source
2/03/2026
Listed
$675,000
-25%
MLS
11/19/2007
Sold
$900,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 223 E State St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,647
2%
$218,782
10%
2023
$16,317
6%
$198,893
8%
2022
$15,431
3%
$184,810
4%
2021
$15,007
—
$177,941
2%
2021
$15,007
1%
$175,225
2%
2019
$14,823
—
$171,907
2%
2017
$14,807
-1%
$169,036
1%
2016
$14,891
—
$166,751
-4%
2018
$14,953
-1%
$173,668
10%
2015
$15,116
-8%
$158,539
-6%
2014
$16,428
-3%
$169,346
-5%
2013
$17,021
—
$179,141
—
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 223 E State St
223 E State Street, Geneva, IL 60134 (MLS# 12550714) is a Commercial property. 223 E State Street is currently listed for $675,000 and was received on February 03, 2026. Want to learn more about 223 E 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.

