Commercial Kitchen / Banquet / Fitness / Office / Professional

524 W State Street Geneva, IL 60134

524 W State Street, Geneva, IL, 60134
524 W State Street, Geneva, IL, 60134 524 W State Street, Geneva, IL, 60134 524 W State Street, Geneva, IL, 60134 524 W State Street, Geneva, IL, 60134 524 W State Street, Geneva, IL, 60134 524 W State Street, Geneva, IL, 60134
FOR LEASE
Property Type:
Other Hospitality
Amount:
Please Call Broker for Price

Last Verified:
Dec 12, 2024

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Highlights

  • Lower Level Space with Elevator Access
  • Suite M - Fitness, Office & Professional Uses
  • Vanilla Box Finishes Recently Completed
  • Two Completely Updated Private Restrooms
  • Two Additional Shared ADA Restrooms in Hall
  • State Street Entrance
  • Limited Onsite Employee Parking

Description

Lower level space for lease. Ideal fitness/ office / professional uses. Open layout. Features a fireplace and two private ADA restrooms. Limited private onsite employee parking.

State Street entrance with elevator access. Newer corner building in downtown Geneva. Other tenants include Firewater BBQ and a variety of office, professional and service businesses.

The property is located at the southeast corner of State St (Rt 38) & Sixth St on the west side of downtown Geneva. It is a short walk from the historic shopping district on Third St. Just 0.3 mi to the Kane County courthouse, and 0.6 mi to the Metra train station. Surrounded by successful restaurants including Firewater BBQ (in the building), Bien Trucha, Josef's Meats, Aurelio's Pizza, Cocoa Bean Fine Desserts, and Nobel House. Traffic Counts (CoStar): 29,000 VPD.


Year Built: 2005
Building Size: 23265sq ft
Lot Size: 0 acres


Documents

Brochure - 524 W State St , Suite M - 08.26.24

Units for Lease

Suite M - Fitness / Office / Professional
Space Available: 1980 SF
Lease Type: NNN

Price Per Sqft/Year: $7.00

Map of 524 W State Street, Geneva, IL, 60134

What are Real Estate Incentives?

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."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.