Downtown Office/Retail/Studio

121 S Third Street Geneva, IL 60134

121 S Third Street, Geneva, IL, 60134
121 S Third Street, Geneva, IL, 60134 121 S Third Street, Geneva, IL, 60134 121 S Third Street, Geneva, IL, 60134 121 S Third Street, Geneva, IL, 60134
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Dec 12, 2024

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Highlights

  • Downtown office / retail
  • In Geneva's popular Third Street shopping district
  • Space accessed via landscaped public walkway
  • Located between Crystal Life & Geneva History Museum
  • Directly across from the Kane County Courthouse
  • Close to many restaurants, boutiques and specialty shops

Description

Unique office / retail space in Geneva's popular Third Street shopping district. In same building as Crystal Life Technology. Opportunity for signage visible from Third St. Access unit via appealing landscaped public walkway between History Museum & Crystal Life. $1,924/mo rent includes $4.27/sf in pass thru costs.

In Geneva's popular Third Street shopping district. Lots of foot traffic. In the same building as Crystal Life Technology. Right at the landmark gas fireplace, and immediately south of the Geneva History Museum. Directly across Third street from the Kane County Courthouse. Close to many restaurants, boutiques and specialty shops. 1.5 blocks south of State St (Rt 38). 4 blocks to Metra station. Population (2020): 1 mile - 7,235; 5 mile - 113,898. Average household income (2020): 1 mile - $126,658; 5 mile - $129,109.


Year Built: 1923
Building Size: 3602sq ft
Lot Size: 0 acres


Documents

Lease Brochure - 02.05.24

Units for Lease

Lower Level
Space Available: 1264 SF
Lease Type: NNN

Price Per Sqft/Year: $14.00

Map of 121 S Third 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.