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426 S 3rd Street 1-2
Geneva IL 60134 US

$2,150,000

Active Under Contract Listing ID 12107851
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$2,150,000

Active Under Contract Listing ID 12107851
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426 S 3rd Street 1-2 An exceptional investment opportunity. Current cap rate of 8.03% and a 10-year IRR of 15.94%. Fully leased with long-term, stable tenants, 3 of 4 on Absolute NNN terms all with 3% annual rent escalations. Steady income guaranteed. The strategic location within the thriving Chicago-Naperville-Elgin Metropolitan Statistical Area, combined with potential rental increases and market growth, positions this property for substantial value appreciation and robust returns for investors. Multiple PIN Numbers: 12-10-202-009 / 12-10-202-010

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Roof Type: Composition

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2150000
  • unparsedaddress: 426 S 3rd Street
  • unitnumber: 1-2
  • postalcity: Geneva
  • stateorprovince: IL
  • country: US
  • postalcode: 60134
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 10555
  • livingareaunits: Square Feet
  • listagentfullname: Maria Regalado
  • listagentemail: tina@gcrealtyinc.com
  • listagentkey: 3yd-MREDIL-261453
  • listagentmlsid: 261453
  • listagentpreferredphone: 6302164511
  • listagentofficephone: 6302164511
  • listofficekey: 3yd-MREDIL-1166
  • listagentstatelicense: 475194133
  • listofficemlsid: 1166
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1989
  • listingcontractdate: 2024-07-12
  • listagenturl: http://www.gcrealtyinc.com
  • countyorparish: Kane
  • parcelnumber: 1210202009
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"GC REALTY & DEVELOPMENT, LLC.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"GCRealty@email.showmojo.com", "ListBrokerageCity":"Bartlett", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mark@gcrealtyinc.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/8c303f1122c511e2a54e12313819a7ac/20160215154756051.png", "ListBrokerageName":"GC REALTY & DEVELOPMENT, LLC.", "ListBrokeragePhone":"(630)216-4511", "ListBrokeragePostalCode":"60103", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"796 W. Bartlett Road", "ListBrokerageWebsiteUrl":"http://www.gcrealtyinc.com", "ListOfficeAddress1":"219 E. Irving Park Rd.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Roselle", "ListOfficeCountry":"US", "ListOfficeEmail":"gmdjgroup@aol.com", "ListOfficePostalCode":"60172", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Medical, Other - Geneva, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12107851/?channel=rexren", "MLSModificationTimestamp":"2024-09-26T14:46:01Z", "Neighborhoods":[{"Description":null, "Name":"Geneva"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":46918, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 9:08:47 AM GMT
Source Updated Date: 12/25/2024 6:47:41 AM GMT

Courtesy of: Maria Regalado, GC Realty and Development, tina@gcrealtyinc.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.