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$475,000 Just Listed
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Property Description
Presenting a rare opportunity to create your own custom luxury home on a spacious half-acre property on the Fox River, offering stunning river and park views. 100 feet of prime frontage. Directly across from the acclaimed Geneva Park District's Wheeler Park and surrounded by elegant riverfront estates, this property promises an unparalleled lifestyle. The value lies in the land; the site is currently occupied by teardown structures conveyed AS-IS. Strictly exterior-only viewings with appointment. MUST NOTIFY THE LISTING AGENT BEFORE WALKING THE PROPERTY.
Full Property Details
Full Property Details for 551 N 1st St
General
- Price: $475,000
- Taxes: $10,255 (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12550738
- Updated: 1/26/2026
- Added to Site: 3 day(s) ago
Interior
- Basement: Cellar
Location
- Area: Geneva
- County: Kane
- Township: Geneva
- Driving Directions: 1st Street north to 551 N 1st Street
School Information
- School District: 304
- Elem School District: 304
- Midd School District: 304
- High School District: 304
- Elementary School: Williamsburg Elementary School
- Middle School: Geneva Middle School
- High School: Geneva Community High School
- Private School: Geneva Community High School
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Basement: Yes
- Basement Desc.: Cellar
- Square Feet: 0.53
- Current Bldg. Use: Single Family
Lot Features
- Lot Size (Acres): 0.53
- Lot Size (Sq. Ft.): 23,182
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 100 x 242
- Frontage: City Street
- Frontage Feet: 101
- Street/Road Desc.: Asphalt
- Zoning: SINGL
Water Features
- Water Front: Yes
- Water Front View: Back of Property
Financial Considerations
- Tax Amount: $10,255
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1203227032
Listed by Berkshire Hathaway HomeServices Chicago
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Schools
Schools serving 551 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 | 1.4 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 | 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 551 N 1st St
Date
Details
Price
Change
Source
1/26/2026
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 551 N 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,891
3%
$145,990
10%
2023
$9,576
50%
$132,718
52%
2022
$6,370
3%
$87,295
4%
2021
$6,161
—
$84,051
2%
2021
$6,161
2%
$82,768
2%
2019
$6,053
4%
$81,201
5%
2017
$5,802
4%
$77,237
5%
2016
$5,581
-1%
$73,498
5%
2015
$5,614
-5%
$69,879
-12%
2018
$5,886
4%
$79,354
15%
2014
$5,644
-6%
$69,183
—
2013
$6,003
—
$69,183
—
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 551 N 1st St
551 N 1st Street, Geneva, IL 60134 (MLS# 12550738) is a Lots/Land property with a lot size of 0.53 acres. 551 N 1st Street is currently listed for $475,000 and was received on January 26, 2026. Want to learn more about 551 N 1st Street? Do you have questions about finding other Lots/Land real estate for sale in Geneva? You can browse all Geneva real estate or contact a Coldwell Banker agent to request more information.

