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1000 Commerce Drive

Geneva, IL 60134
  • $1,100,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 11784773
UPDATED: 31 min ago
$1,100,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1987
County:
Area:

School Ratings & Info

Description

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..

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-05-30T23:57:56.207 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1000 Commerce Drive Geneva, IL 60134

  • Price: $1,100,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 31 min ago
  • MLS #: 11784773
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1987
Built
Neighborhood:
Geneva
County:
Kane
Area:
Geneva
Property Description
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..
Exterior Features

Frontage Type City Street Parking Total 30 Roof Membrane

Interior Features

Cooling Central AirOffice Only Heat Ventilation Ceiling UnitsForced AirGas Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age 26-35 Years Building Area Total 11400 Built Before1978 YN No Current Use Commercial Electric Service - 201 To 600 Amps Fire Protection Alarm Monitored Geographic Locale Far West Gross Income 1 Gross Scheduled Income 1 Leasable Area 11400 Location Commercial Business Park Mls Actual Status Active Net Operating Income 1 Number Of Tenants 2 Operating Expense 22422 Ownership Types General Partnership Possible Use Commercial Property Offered For Sale Only Property Sub Type Manufacturing / Warehousing Tax Annual Amount 22422 Tax Year 2022 Tenant Pays Air ConditioningElectricityHeatJanitorial ServiceInsuranceScavengerSewer Total Monthly Income 0 Township Geneva Type Industrial Utilities Electric To SiteGas To SiteSanitary SewerWater-Municipal Zoning Indus

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Coleman Land Company: 630-377-1600.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-05-30T23:57:56.207 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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