For Sale
$3,900,000

302 River Ln Geneva, IL 60134

Prime Fox River development site. Multi-family potential.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 1.99-acre property in downtown Geneva, Illinois, presents a rare redevelopment opportunity. Situated along the Fox River and just blocks from the Route 38 bridge and Geneva Metra station, this assemblage of nine parcels (APN: 12-03-281-001, 12-03-280-004, 12-03-280-003, 12-03-280-005, 12-03-281-006, 12-03-281-005, 12-03-281-007, 12-03-281-004, 12-03-280-006) comprises the majority of a city block, bordered by Stevens Street to the north, Ford Street to the south, River Lane to the east, and First Street (Route 31) to the west. The site currently features a mix of residential and commercial structures, including a 25,000-square-foot concrete loft warehouse. Zoned D-MFR (Multi-Family Residential) and D-SFMR (Single Family Medium Density Residential), this location offers significant potential for high-density residential development. The area has experienced substantial recent redevelopment, including multi-family and townhouse projects. The property's location within the Geneva Fox River TIF District may provide additional development incentives. The Downtown/Station Area Master Plan envisions up to 100 residential units on this site. Asking price is $3,900,000. Address: 302 N River Ln, Geneva, IL 60134.

Highlights

  • 1.99-acre assemblage of nine parcels in downtown Geneva, IL, offering redevelopment potential.
  • Prime location along the Fox River, near Route 38 and the Geneva Metra station.
  • Zoned D-MFR (Multi-Family Residential) and D-SFMR (Single Family Medium Density Residential), allowing for high-density residential development.

Property Details for 302 River Ln

Property type
Land
Lot Size (sq. ft)
86,684 SF

Location Insight

City
Geneva
County
Kane
State
Illinois
Latitude
41.8909123
Longitude
-88.3031616

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FAQs

What type of property is this?
Land - Prime Fox River development site. Multi-family potential.
Where is the land located?
The property is located at 302 River Ln Geneva, IL.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 1.99-acre assemblage of nine parcels in downtown Geneva, IL, offering redevelopment potential.; Prime location along the Fox River, near Route 38 and the Geneva Metra station.; Zoned D-MFR (Multi-Family Residential) and D-SFMR (Single Family Medium Density Residential), allowing for high-density residential development.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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(630) 480-6346

Contacts

Ryan Moen
Ryan Moen
John Millner
John Millner
Visit Broker Website

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River Ln
Geneva, IL 60134

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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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302 River Ln
  • Ryan Moen
    Ryan Moen
  • John Millner
    John Millner
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