318 3Rd StGeneva, IL 60134

Property Details for 318 3Rd St

Year built

1918

Lot size

0.18 AC

Property size (Sq ft)

2,229 SF

Property type

Commercial real estate

APN

12-03-460-009

APU

1203460009

Description

This exceptional 6,660-square-foot commercial property is located at 318 S 3rd Street in the heart of Geneva, Illinois, a highly desirable dining, shopping, and entertainment destination. Completely renovated and expanded in 2000 by Hogan Design & Construction, this building boasts superior quality and attention to detail. The property features a fully updated mechanical system (HVAC/AC, plumbing, electrical, and roof), all less than five years old. A rare find in downtown Geneva, a three-level elevator services all floors. Additional key features include a state-of-the-art sound system, a sprinkler system, and full ADA compliance. The building offers three private meeting rooms, an event room, and four public restrooms. Two outdoor patio spaces and professionally landscaped gardens enhance the property's appeal. A chef's dream commercial kitchen is equipped with an 18-foot industrial hood, walk-in freezer/refrigeration, and ample storage. The expansive basement includes elevator access, exterior access, a food-grade storage area, a breakroom, and a draught system. A highly sought-after second-floor event space provides additional seating capacity for parties, gatherings, or other events. This turnkey property presents a unique opportunity to establish a thriving business in Geneva, consistently ranked among the best communities in the western suburbs. All major renovations have been completed, allowing a seamless transition for the new owner.

• Alternative Use

  Use

  Valuation

  Residential

  $460,676

  Hospitality

  $421,977

  Educational

  $351,080

  Medical

  $363,154

  Retail

  $546,124

Location Insight

City

Geneva

County

Kane

State

Illinois

Latitude

41.8842

Longitude

-88.3091

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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