The median home value in Geneva, IL is $317,000.
This is
higher than
the county median home value of $220,500.
The national median home value is $231,815.
The average price of homes sold in Geneva, IL is $317,000.
Approximately 78% of Geneva homes are owned,
compared to 17% rented, while
5% are vacant.
Geneva real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Geneva real estate agent to arrange a tour today! Learn more about Geneva.
Numerous possibilities await! Incredible mixed use investment opportunity in downtown Geneva provides exceptional versatility. Situated on an oversized lot in the most ideal location (blocks from Metra, countless shops, and diverse restaurants) and with high visibility from Route 31. Scarce onsite parking included. Lease units, act as an owner user, convert into a SFH, or subdivide/develop the parcel. Seller has architectural drawings for a condominium development. Expansion of the current building is possible, too! So much value in the land itself. A rare find not to be missed!
FOR SALE- Awesome downtown Geneva commercial building available for either an investor or owner-user. This 1950 vintage 3,390 sf single story brick and stone building contains has 3 tenant spaces, all of which are occupied. Two of the spaces face State Street while the 3rd is toward the back-parking area. The two street-side suites are leased to retail stores, each being 1,320 sf and the rear 720 sf suite is leased to a chiropractor. The tenants are fine quality and long-term. For investor buyers, the leases are short-term expiring early 2021, so adjustments could be made improving the cash flow & NOI. For owner-occupant buyers, the leases are short term. The former backyard space was combined with the 2 adjacent properties' backyards to create a shared parking area with access easements to both 5th and 6th streets. It was created when the building to the west was built around 2005. The owner of the building to the west manages the parking area and the cost of maintenance is apportioned based on area. The intent of the partnership is to provide employee vs. public parking. Maintenance includes landscaping, snow removal, repairs and refuse service. The property is also in the Geneva downtown SSA1 which is paid as part of the real estate taxes... See add'l info for tax bill and building blue prints.
Thriving Oral & Maxillofacial/Aesthetic Facial Surgery located in a multi-tenant condominium building in Geneva. Strong foot traffic with over 5,600 vehicles per day and surrounded by more than 180 retail businesses and 40 restaurants.
Great owner-development property in Geneva. Property includes 2 separate buildings of almost 10,000 sq. ft. with additional land for a total of 2.5 Acres to put up separate 6,000 sq. ft. building. Two separate pins with vacant lot. Set up for medical offices, lawyers, day care center, etc. Taxes have just been reduced on both buildings, 1705 & 1725 South street. Close to hospital and town. Some improvements have been made. Owner will make improvements to accommodate new tenants. Super Geneva location. New owner has many options, occupy 1 building, lease the other, or lease both and build a new 6,000 sq. ft. building. Possible multi-family allowed.
