4-Unit Multi-family Investment In Geneva

101 N 1st St Geneva, IL 60134

Geneva
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$585,000
Last Verified:
Dec 04, 2025

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Highlights

  • 4-unit Multifamily Investment
  • 2,440 SF two-story building
  • Off-street parking
  • Built in 1908, features classic character and appeal
  • Prime location near the Fox River & downtown Geneva
  • Parks, Restaurants & Shopping nearby
  • Convenient access to local amenities and major thoroughfares

Description

Investment opportunity for a 4-unit, 2,440 SF multifamily property in Geneva, IL. The building is two stories tall, built in 1908, and currently 100% occupied. Located just 1 block from the Fox River and downtown Geneva. The property features off-street parking and convenient access to local amenities and major thoroughfares. Ideal for the low-rise/garden investor seeking a turnkey investment opportunity.

Located in downtown Geneva IL, the property is just 1 blocks west of the Fox River bridge and 1 block north of State Street, a major element of the downtown area. There are nearby public parks and bike paths.

Geneva IL, in central Kane County, is an upscale suburb about an hour west of Chicago. The area is recognized for the scenic Fox River, beautiful open spaces, and a diverse economy.

Downtown Geneva is one of the principal boutique retail destinations in suburban Chicago, and is teeming with unique shops and restaurants. State Street (IL Rt 38) is a primary east-west corridor and the main street through town. Population (5 mi): 109,842 . Avg household income (5 mi): $168,277.


Year Built: 1908
Building Size: 2440sq ft
Lot Size: 0.12 acres


Documents

101 N 1st St Brochure (P)

Map of 101 N 1st St, Geneva, IL, 60134

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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