This stunning, completely remodeled (2013) four-story building at 124 S 2nd Street in Geneva, IL, presents a unique investment opportunity. Boasting 8,000 square feet of space, this property is ideally suited for a restaurant or event venue, and is ready for immediate operation. The sale includes all existing equipment (excluding the ice machine and dishwasher), such as tables, chairs, coolers, bar, bar stools, and silverware. The building features high-end finishes including two fireplaces, wrap-around porches, hardwood floors, 12-foot ceilings, and 8-foot windows providing exceptional natural light. The interior comfortably accommodates approximately 150 guests, with an additional 120 seats available on the brick-fenced patio, which includes a separate building with a bathroom and bar. Additional features include a large storage room, a separate liquor room, three bathrooms, three furnaces, a 400-amp electrical service, three AC units, and a boiler. All electrical and plumbing systems have been completely updated, including a 4-inch main water line. The entire building is equipped with a sprinkler system. The property's prime location on a double corner lot offers exceptional visibility and is within walking distance of the popular Third Street shopping district. This is a rare chance to acquire a fully equipped, historically significant building in a thriving downtown location.
Property Details
for 124 2Nd St
Property type
Commercial real estate
Square Feet
8,000 SF
Year Built
1860
Location Insight
City
Geneva
County
Kane
State
Illinois
Latitude
41.88602
Longitude
-88.30737
Nearby Similar for Sale
For Sale
$525,000
Downtown Geneva Mixed-Use Gem
Prime location, versatile property, high potential.
Commercial real estate - Turnkey Restaurant/Event Space, 8,000 sq ft
Where is the commercial real estate located?
The property is located at 124 2Nd St Geneva, IL.
What is the asking price?
The asking price for this property is $3,900,000.
How can I contact the broker?
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2Nd St Geneva, IL 60134
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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124 2Nd St
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