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$589,000
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Property Description
Great Opportunity for Victorian Style 5 flat building located 2 blocks from downtown Geneva, 1 block from River Path, SE corner of 1st and Ford. This vintage home has been well maintained and is currently completely occupied. The legal description of the lot is "Lots 8 & 9 (except the south 60 feet) in BLK 19 of the original town of Geneva". Two story home with off street parking. 5 total residences, studio, one bedroom and two bedroom units. Frame construction with charming front porch curb appeal. Next door is upscale condo development and NE corner of Ford & 1st has new residential building. Sold-ASIS. HOME IS OCCUPIED, PLEASE DO NOT DO MORE THAN DRIVE BY. DO NOT WALK THE PROPERTY OR PARK IN THE DRIVEWAY.
Full Property Details
Full Property Details for 227 N 1st St
General
- Price: $589,000
- HOA FEE: $2,262
- Taxes: $10,952 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12688909
Interior
- Basement: Unfinished
Additional Information
- Security/Safety: Fire Extinguisher(s), Smoke or Fire Protectors
Location
- Area: Geneva
- County: Kane
- Township: Geneva
- Driving Directions: State street to First N to Ford. One the corner.
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air, Gas, Hot Water, Radiators
Utilities
- Water: Community Water, Municipal Water
- Trash: 371
- Onsite: Sewer Connected
Structural Information
- Construction: Wood, Frame
- Exterior Const.: Wood, Frame
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Concrete Perimeter
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 4,536
- Current Bldg. Use: Legal Non-Conforming
- Year Built: 1896
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
Lot Features
- Lot Size (Sq. Ft.): 12,984
- Lot Dimensions: 140 x 91
- Frontage: City Street
- Potential Use: Multi-Family, Zoning Change Required
- Zoning: OTHER
Financial Considerations
- Maint. Fee: $2,262
- Insurance Fee: $3,888
- Operating Expenses: $37,355
- Other Fee: $9,215
- Security Deposit: Fire Extinguisher/s, Smoke or Fire Protectors
- Assessment Year: 1896
- Tax Amount: $10,952
- Tax Year: 2025
- Tenant Pays: None
- Pays Electric: 3452
- Pays Trash: 371
Disclosures and Reports
- Property ID: 1203427001
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Schools
Schools serving 227 N 1st St
School District:Geneva Community Unit School District 304
| Name | Grades | Distance |
|---|---|---|
Williamsburg Elementary School 1812 Williamsburg Avenue, Geneva, IL 60134 | K-5 | 1.3 mi |
Geneva Middle School North 1357 Viking Drive, Geneva, IL 60134 | 6-8 | 2.8 mi |
Geneva Middle School South 1415 Viking Drive, Geneva, IL 60134 | 6-8 | 2.9 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 227 N 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,634
2%
$139,757
10%
2023
$10,423
6%
$127,052
8%
2022
$9,857
3%
$118,056
4%
2021
$9,586
—
$113,668
2%
2021
$9,586
1%
$111,933
2%
2019
$9,469
11%
$109,814
13%
2017
$8,494
-1%
$96,965
1%
2016
$8,542
-1%
$95,655
5%
2015
$8,671
-3%
$90,944
-12%
2018
$8,917
1%
$103,566
14%
2014
$8,822
2%
$90,944
—
2013
$8,641
—
$90,944
—
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 227 N 1st St
227 N First Street, Geneva, IL 60134 (MLS# 12688909) is a Commercial property. 227 N First Street is currently listed for $589,000 and was received on July 06, 2026. Want to learn more about 227 N First 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.

