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Listed by Tyler Bushof Real Broker, LLC
$ 420,000
Est. payment | /mo
3,120 SqFt
$ 420,000
Est. payment | /mo
3,120 SqFt
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $134
MLS Listing ID 12221830
Year Built 1980
Annual Tax Amount $6,594
Tax Year 2024
Lot Dimensions COMMON
Property Sub-Type Office/Tech
Property Description
POSITIVE CASH FLOW INVESTMENT PROPERTY!!! Come in today and see this fantastic 3 unit commercial building just down the street from the historic downtown Geneva business center This property hosts 3 separate rentable commercial units. Each unit includes 3 spacious individual private office rooms, several waiting areas, in-unit kitchenettes, and updated powder rooms/half baths. AC, Furnace, & water heater are in working order for all 3 units. Nearly fully rented with long term tenants, and actively producing positive cash flow for its owner. This property is currently generating $36,600 per year with the potential to bring in $49,200 at the current rented rates. Each unit is approximately 1040 sqft and is in an ideal location to start a new business or open a new office.
Location
State IL
County Kane
Zoning COMMR
Interior
Cooling Central Air
Flooring Vinyl
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available
View Y/N true
Roof Type Composition
Building
Foundation Concrete Perimeter
Structure Type Brick,Cedar
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2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States