Downtown Geneva Office

324 W State Street Geneva, IL 60134

324 W State Street, Geneva, IL, 60134
324 W State Street, Geneva, IL, 60134 324 W State Street, Geneva, IL, 60134 324 W State Street, Geneva, IL, 60134 324 W State Street, Geneva, IL, 60134 324 W State Street, Geneva, IL, 60134
FOR LEASE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Dec 12, 2024

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Highlights

  • Small Lower Level Office Suites
  • Economical Pricing
  • Adjacent Public Lot
  • Multi-Tenant Setting

Description

Very economical, great location in heart of downtown Geneva. The property includes nicely finished 2nd floor offices and lower level 1-room offices. Combine individual spaces as needed.

2ND FLOOR: 2,540 - 3,180 sf offices which can be combined to occupy up to 5,720 sf (the entire 2nd floor.) Shared conference room & storage available. Classic architecture and details throughout each suite, features tall ceilings and plenty of windows for natural light.

LOWER LEVEL: "Full Service" rent includes all operating expenses, as well as utilities. Combine individual spaces as needed. Stated sizes reflect actual unit sq ft (no common area factor).

Located in downtown Geneva IL, the property is located just 2 blocks west of the Fox River bridge and 1/2 block east of Third Street, a major element of the downtown retail area. There is adjacent public lot with some 9-hour parking.

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 teaming with unique shops and restaurants. State Street (IL Rt 38) is a primary east-west corridor and the main street through town. Traffic Counts (IDOT): 23,800 VPD.


Year Built: 1920
Building Size: 11440sq ft
Building Class: B
Lot Size: 0 acres


Documents

324 W State St - Lease Brochure 10.16.24

Units for Lease

101
Space Available: 518 SF
Lease Type: Full Service

Price Per Sqft/Month: $655.00
102
Space Available: 290 SF
Lease Type: Full Service

Price Per Sqft/Month: $375.00
104
Space Available: 313 SF
Lease Type: Full Service

Price Per Sqft/Month: $420.00
105
Space Available: 187 SF
Lease Type: Full Service

Price Per Sqft/Month: $251.00
111
Space Available: 97 SF
Lease Type: Full Service

Price Per Sqft/Month: $170.00

Map of 324 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.