$1,100,000

11,400

square ft

1000 Commerce Drive

Geneva, Illinois 60134

Closed / MLS #11784773 / Industrial / Geneva

Listing information updated 11/17/2023 at 8:23am

Net Lease Industrial Building For Sale- Geneva, IL, Eastside of town with 2 tenants and relatively short-term tenancies. 11,400 sf building built in 1987, this masonry building is sited on a 42,026 SF cul-de-sac lot located on Commerce Drive behind McDonald's and Miner Enterprises. It consists of two leased spaces- a 6,700 space leased to a Glass & Mirror Shop, and a 4,800 sf tenant space currently leased to an auto sales tenant. The glass & Mirror shop has an attractive 680 sf glass atrium entryway, 1,050 sf offices, and the balance of 5,650 in warehouse with two 12' OHDs. The west space has new LED lighting throughout, the warehouse has been A/Cd and the office recently remodeled. The east space is unfinished, suiting the tenant and improved only with an enclosed 2-fixture bathroom and two OHDs. The remainder of the site is paved and includes parking for 8-10 customer vehicles in front with more space in the rear for truck and auto parking. There is also a small shed for storage and a metal shipping contain placed toward the rear of the lot. Adjacent to the west, there is a detention pond serving the subject and the self-storage property to the north. The property further to the west is an electrical substation owned by the city. Call LA for information on short-term leases..

Full Features

Built:

1987

Parking Spaces:

Cooling System:

Central Air,Office Only

Stories:

Roof:

Membrane

Ceiling Height:

Current Use:

Commercial

Potential Use:

Commercial

Zoning:

INDUS

# of Drive-In Doors:

Rentable Square Feet:

11,400

Building Square Feet:

11,400

Minimum Ceiling Height:

Maximum Ceiling Height:

Current Net Income:

Taxes & Assessments

Tax Amount:

$22,422

Tax Year:

2022

Location

Zip Code:

60134

City:

Geneva

County:

Kane

Built:

1987

Parking Spaces:

Cooling System:

Central Air,Office Only

Stories:

Roof:

Membrane

Ceiling Height:

Current Use:

Commercial

Potential Use:

Commercial

Zoning:

INDUS

# of Drive-In Doors:

Rentable Square Feet:

11,400

Building Square Feet:

11,400

Minimum Ceiling Height:

Maximum Ceiling Height:

Current Net Income:

Tax Amount:

$22,422

Tax Year:

2022

Zip Code:

60134

City:

Geneva

County:

Kane

Listing Office: Coleman Land Company

Listing Office Phone: 630.377.1600

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