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.
MLS# | 12221830 |
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Listing Type | For Sale |
Style | Office Building |
Suite Number | 301 |
Sub-Type | Resale |
Status | Active |
Year | 1980 |
Days On Site | 69 |
Listing Provided By | Real Broker, LLC | Tyler Bush |
SQ Feet | 3,120 |
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Story(s) | 1 |
Units | 3 |
Zoning | COMMR |
State | IL |
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County | Kane |
City | Geneva |
Zip Code | 60134 |
Area | Geneva |
Listing VS Median (in 60134) | |
Price: $420,000 low | high Med: $477,450 SqFt: 3,120 low | high Med: 2,543 $ / SqFt: $135 low | high Med: $188 On Site: 69 low | high Med: 33.500000 |