ADDRESS
Suite C-1
55 East Erie St
Chicago, IL 60611
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$2,150,000
77 Days Online
426 S 3rd Street 1-2 #1-2Geneva, 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 tina@gcrealtyinc.com
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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 Online
77 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
| 3 days ago | Status changed to Active Under Contract | |
| 3 months ago | Listing first seen online | |
| 3 months ago | Listing updated with changes from the MLS® |
General Features
Additional Property Use
Commercial
Contingency
Attorney/Inspection
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 tina@gcrealtyinc.com
Based on information submitted to the MLS GRID as of 2024-09-29 09:30 PM 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: 2024-09-29 09:30 PM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.
Based on information submitted to the MLS GRID as of 2024-09-29 09:30 PM 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: 2024-09-29 09:30 PM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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