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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
26312609
26312623

2423 Fargo, Geneva, IL 60134

BS
475127620
Baird & Warner Fox Valley
Baird & Warner Fox Valley - Geneva
Listed by Baird & Warner Fox Valley, Baird & Warner Fox Valley - Geneva
$1,375,000
297 days on market
Updated 17 days ago

2423 Fargo, Geneva

Details
APN 1208276005
Property Type Mixed Use, Special Purpose
Sub Type School
Square Footage 7,686
Tenancy Single
Lease Term 10
Lease Expiration 07/09/2035
Remaining Term 9.1
Rent Bumps Yes
Price per SqFt $15
Year Built 2019
Year Renovated 2019
Buildings 1
Stories 1
Lot Size (SqFt) 96
Parking Spaces 15 spaces
Parking Per SqFt 1.95
Lease Commencement 07/09/2025
Occupancy Date 07/01/2025
Sale Condition For sale by owner

Mixed Use | 7,686 SqFt

Marketing description

Fabulous Investment Opportunity! Now available: a recent renovated building with a reliable, long-term tenant already in place. This tenant handles the majority of day-to-day operations, offering a truly hands-off investment experience. As the owner, your only responsibilities are property taxes and insurance-making this an ideal, low-maintenance addition to your portfolio. Don't miss out on this rare opportunity to secure stable income with minimal involvement.

Investment highlights

INCOME-PRODUCING COMMERCIAL PROPERTY

SIGNIFICANT PRICE REDUCTION

An excellent opportunity for investors seeking stable income and long-term upside.

This established commercial property generates steady income and is now aggressively priced for a quick sale.

✔ Consistent cash flow

✔ Established tenant/income stream

✔ Strong value at new pricing

✔ Potential upside for future owner

Whether you are expanding your portfolio or completing a 1031 exchange, this property merits immediate consideration.

2423 Fargo Blvd, Geneva

Now Offered At $1375,000

Contact Millie Klinnert 847-997-0512 or Becky Sweeney 630-965-6240 for financials, and showing information

Listing Contacts

BS
475127620
Baird & Warner Fox Valley
Baird & Warner Fox Valley - Geneva
Listed by Baird & Warner Fox Valley, Baird & Warner Fox Valley - Geneva

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Additional Information

Name
Millie Klinnert
License
9437
Brokerage
Baird & Warner Fox Valley
Title
Broker of Record
Brokerage Address
1542 S Randall, Geneva IL 60134
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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