Sold: Sep 21, 2026
Address
942 E State Street, Geneva, IL
Price
$ 665,000
Property Attributes
  • MLS#12484482
  • TypeCommercial
  • Listing Status Closed
  • CountyKANE
  • CityGeneva
  • AreaGeneva
  • Zip60134
  • StyleCommercial,Office
  • Year Built1920
  • Taxes$ 14281
  • Price$ 665,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3244
  • Lot Size0.23 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

This property offers high visibility on East State Street, Route 38, at the signaled intersection with East Side Drive. Owner is retiring from the construction business. The purchaser of his business may wish to remain as a tenant once the sale has closed. Current rent for Unit B is $3300 monthly. Unit A, 2 story office space most recently rented for $1625 on a month to month basis. The property consists of a one and two-story masonry, frame and vinyl sided office/commercial building built in approimately 1920 and 2002. The front section,1472. sq. ft.vinyl siding over frame, is the older section. The rear section,2550 sq. ft., vinyl sided over concrete block, was added in 2002. The building has two gas-fired, forced air furnace units providing heat and air conditioning. The open area has a gas-fired suspended heater, no air conditioning. There is a 400 ampere main circuit breaker electrical service with individual panels for each unit.

Price History

General Features

Cooling Central Air
Lease Type Gross
Year Built 1920
Additional Parcels Y/N No
Tenant Pays Air Conditioning,Electricity,Heat,Sewer,Varies by Tenant
Lot Size Square Feet 10166
Net Operating Income 37136
Township Geneva
Property Subtype Other
County Kane
Gross Income 59100
Property Type Commercial Sale
Stories Count 2
Operating Expense 21963
Electric Circuit Breakers
Standard Status Closed
City Geneva
Status Closed
Roof Composition
Leasable Area 3244
Close Price 665000
Possession Closing
Tax Annual Amount 14281.78
Zoning COMMR
Tax Year 2025
Possible Use Commercial,Office
Construction Materials Wood
Property Type Office/Tech
Directions Route 38 (State Street) to 942 on the South side of the street,approximately across the street from Aldi's and the stoplight at East Side Drive.
Ok to Lease Month To Month
Number Of Units Total 2
MLS Area Geneva
Current Use Commercial,Office

Interior Features

Flooring Carpet,Concrete,Varies,Wood

Exterior Features

Street Suffix Street
Frontage Type State Road
Foundation Details Concrete Perimeter
Lot Size Acres 0.23
Street Name State
Lot Dimensions 75X308.08X79.56x372.97
ModificationTimestamp 2026-09-21T20:26:02.986Z
Building Area Total 3244
Days on Market 41

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60134

Price
AVG $930K
$670K
Taxes
AVG $21,775
$14,281
Year Built
AVG 1933
1920

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