426 S 3rd Street 1-2, Geneva, IL, 60134

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$2,150,000
165 Days On Site

426 S 3rd Street 1-2
Geneva, IL 60134

For Sale|Retail|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
10,555
SqFt
$204
/SqFt
1989
Built
County:
Kane
Listing Courtesy of MRED as distributed by MLS Grid of GC Realty and Development

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426 S 3rd Street 1-2426 S 3rd Street 1-2426 S 3rd Street 1-2426 S 3rd Street 1-2
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An exceptional investment opportunity. Current cap rate of 8.03% and a 10-year IRR of 15.94%. Fully leased with long-term, stable tenants, 3 of 4 on Absolute NNN terms all with 3% annual rent escalations. Steady income guaranteed. The strategic location within the thriving Chicago-Naperville-Elgin Metropolitan Statistical Area, combined with potential rental increases and market growth, positions this property for substantial value appreciation and robust returns for investors. Multiple PIN Numbers: 12-10-202-009 / 12-10-202-010

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Listing Snapshot
Price 
$2,150,000
Days On Site 
165 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,555 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1989
MLS® Number 
12107851
Status 
Active Under Contract
Property Tax 
$46,918
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
3 months agoStatus changed to Active Under Contract
5 months agoListing first seen on site
General Features
Additional Property Use 
Commercial
Foundation 
Concrete Perimeter
Number Of Stories 
2
Property Sub Type 
Retail
SqFt Total 
10555
Water Source 
Public
Zoning 
RTAIL
Interior Features
Cooling 
Central Air
Electric 
Circuit Breakers
Flooring 
Varies
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Exterior Features
Construction Details 
Concrete
Roof 
Composition
Community Features
MLS Area 
Geneva
Township 
Geneva
Listing Courtesy of MRED as distributed by MLS Grid of GC Realty and Development



Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-10-30 12:00 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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