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$1,575,000 -$20,000 (-1.25%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 7,686 Sq. Ft.
  • Updated 1 day ago
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An exceptional investment opportunity! Real estate only-business not included. Recently renovated building with a reliable, long-term tenant already in place. Tenant is only a couple of months into a 10 year lease. This tenant handles the majority of day-to-day operations, offering a truly hands-off investment experience. As the owner, your only responsibilities are property taxes and insurance-making this an ideal, low-maintenance addition to your portfolio. Don't miss out on this rare opportunity to secure stable income with minimal involvement.

Full Property Details for 2423 Fargo Blvd

General

  • Price: $1,575,000
  • Taxes: $16,460 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12425986
  • Updated: 2/4/2026
  • Added to Site: 199 day(s) ago

Additional Information

  • Security/Safety: Alarm Monitored, Fire Extinguisher(s), Sprinklers

Location

  • Area: Geneva
  • County: Kane
  • Township: Geneva
  • Driving Directions: Randall Road to Fargo west to building
  • Location Details: Far West, High Traffic Area

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Central Heat/Individual Controls

Structural Information

  • Construction: Wood, Brick, Frame
  • Exterior Const.: Wood, Brick, Frame
  • Foundation: Concrete Perimeter
  • Stories/Levels: 1
  • Square Feet: 7,686
  • # of Stores: 1
  • Year Built: 1991

Lot Features

  • Lot Size (Sq. Ft.): 41,901
  • Lot Dimensions: 183 x 223 x 210 x 167 x 59
  • Zoning: COMMR

Financial Considerations

  • Security Deposit: Alarm Monitored, Fire Extinguisher/s, Sprinklers
  • Assessment Year: 1991
  • Tax Amount: $16,460
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 1208276005

Listed by Baird & Warner Fox Valley - Geneva

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Listing agents

— 2423 Fargo Blvd —

  • Baird & Warner Fox Valley - Geneva

  • Baird & Warner Fox Valley - Geneva

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 2423 Fargo Blvd

School District:Geneva Community Unit School District 304
NameGradesDistance
Williamsburg Elementary School
1812 Williamsburg Avenue, Geneva, IL 60134
K-51.1 mi
Geneva Community High School
416 McKinley Avenue, Geneva, IL 60134
9-121.8 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 2423 Fargo Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/04/2026
Price Reduced
$1,575,000
-1.25%
MLS
10/18/2025
Price Reduced
$1,595,000
-5.34%
MLS
7/21/2025
Listed
$1,685,000
230.39%
MLS
3/26/2019
Sold
$510,000
—
Public Record
Get Price Alerts and Save Property
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 for 2423 Fargo Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,461
2%
$216,330
10%
2023
$16,134
6%
$196,664
8%
2022
$15,258
3%
$182,739
4%
2021
$14,839
—
$175,948
2%
2021
$14,839
1%
$173,263
2%
2019
$14,657
2%
$169,983
2%
2018
$14,349
-48%
$166,650
-47%
2017
$27,581
-1%
$314,864
1%
2016
$27,738
-1%
$310,609
5%
2015
$28,157
-8%
$295,312
-7%
2014
$30,694
2%
$316,418
—
2013
$30,064
—
$316,418
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Baird & Warner Fox Valley - Geneva

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2423 Fargo Boulevard, Geneva, IL 60134 (MLS# 12425986) is a Commercial property. 2423 Fargo Boulevard is currently listed for $1,575,000 and was received on July 21, 2025. Want to learn more about 2423 Fargo Boulevard? 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.

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