322 Hamilton — Sale in Geneva, IL

  • Price: $750K
  • Listing type: For sale
  • Asset type: Office
  • Location: Geneva, IL 60134
  • Size: 4,264 SF
  • Year built: 1930

Investment Figures

Cap rate
8.00%
Price per square foot
$176
Price per unit
$250,000 across 3 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Mixed Retail/Office/Apartment Opoortunity in the heart of downtown Geneva. With access off of Hamilton and 4th St the possibilities for a variety of options in a bustling retail environment. Residential unit 2 bedroom 1 bathroom upstairs with exterior access and parking. Main unit office or retail with open work space and dedicated offices. The 1948 plus sq ft Retail space could be a shop, boutique, salon, restaurant or pop up kitchen. Income potential of over $78,000 a year. With a healthy 7.65% CAP Rate this is a great option for an owner occupied business or an investor looking to gain a foothold in a strong downtown Geneva location. Mixed Retail/Office/Apartment Opoortunity in the heart of downtown Geneva. With access off of Hamilton and 4th St the possibilities for a variety of options in a bustling retail environment. Residential unit upstairs with exterior access and parking. Main unit office or retail. The 1900 plus sq ft Retail space could be a shop, boutique, salon, restaurant or pop up kitchen. Income potential of over $78,000 a year. With a healthy 7.65% CAP Rate this is a great option for an owner occupied business or an investor looking to gain a foothold in a strong downtown Geneva location. Building SF: 4264 | Land Size: 0.17 Ac | Year Built: 1930 | Listing Type: FOR SALE

Market Context

This office in Geneva, IL is listed for sale at $750,000 across 4,264 SF ($176/SF). It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing office assets. The building dates to 1930. It has been on the market for 70 days. Compare it against other office listings for sale in Geneva, IL — view the full market.

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