Single-Tenant Office Building

422 E State Street Geneva, IL 60134

422 E State Street, Geneva, IL, 60134
422 E State Street, Geneva, IL, 60134
FOR SALE FOR LEASE
Property Type:
Single Tenant Office
Amount:
$480,000
Last Verified:
Mar 10, 2021

Highlights


Description

REDUCED PRICE - FOR SALE OR LEASE - 2,700 sf one-story office building. Freestanding, single user, masonry construction. Build-out consists of front reception, large central administrative area for cubicles and files, four private offices, break room, storage closets, and restrooms. 8-foot acoustic tile ceilings with generous number of fluorescent lighting fixtures. Furniture available, if needed. Potential to divide into two units. State St (Rt 38) visibility & signage. 2019 Taxes: $10,678 NOTE: Seller financing available to qualified buyer. Also available for lease ($4,331/mo).

Upgrades include: new furnace (Dec 2019); resurface parking lot (2017); awnings (2017); brick patio installed (2008); new rubber roof (2007); A/C units (2003). Virtual tour available.

Private onsite parking lot for 10 vehicles in rear. Accessed from Kansas St, via driveway easement across neighboring property.



FOR LEASE OR SALE: 2,700 sf one-story office building. Freestanding, single user, masonry construction. Build-out consists of front reception, large central administrative area for cubicles and files, four private offices, break room, storage closets, and restrooms. 8-foot acoustic tile ceilings with generous number of fluorescent lighting fixtures. Furniture available, if needed. Potential to divide into two units. State St (Rt 38) visibility & signage. $4,331/mo total rent includes $4.75/sf operating expenses (CAM). NOTE: Also available for sale. ($480,000) Seller financing available to qualified buyer.

Upgrades include: new furnace (Dec 2019); resurface parking lot (2017); awnings (2017); brick patio installed (2008); new rubber roof (2007); A/C units (2003). Virtual tour available.

Private onsite parking lot for 10 vehicles in rear. Accessed from Kansas St via driveway easement across neighboring property.

East side of Geneva. On south side of State St (Rt 38). Between Nebraska and Kansas St. Traffic Counts (City of Geneva 2020): 26,600 VPD.


Year Built: 1961
Building Size: 2700sq ft
Building Class: B
Lot Size: 0.27 acres

Units for Lease

422
Space Available: 2700 SF
Lease Type: NNN

Price Per Sqft/Year: $14.5


Map of 422 E State Street, Geneva, IL, 60134

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