Property History
Office/Medical building located off of Route 38 on Geneva's east side. Beautiful brick building built in 2001. 4047 square feet on the main level and basement storage to go with. Brand new 10 year lease in place with the 2500 SF tenant. Great opportunity to increase value on an expiring under market rental rate for the 1500 SF tenant. Building is located close to Northwestern's Delnor Hospital along the Randall Road corridor as well as downtown Geneva.
The 4,047 building sits on a 20,352 square foot lot which includes a private 24 spaced parking lot.
Leases and financial breakdown available upon request.
Fully occupied, two-unit medical office building on half-acre lot. Attractive, masonry construction. Tenants include established periodontist and chiropractor.
Private, quite setting facing landscaped open space / detention area. Individual entrances. Efficient build-out without common areas. Private parking lot. 2018 real estate taxes were $17,692 ($4.37/sf).
LOCATION: On the west side of Geneva, an upscale suburb about 1 hour west of Chicago. Near other medical buildings. Close to lots of retail, office & residential development.
On the east side of Blackberry Dr at Bricher Rd. Just southeast of busy signaled intersection with west State St / Lincoln Hwy (Rt 38). Right behind Walgreens and Inland Bank. 0.3 miles east of Randall Rd. 1.2 miles (5 minutes) to Northwestern / Delnor Hopsital. 1.5 miles west of downtown Geneva.
- Masonry medical office building
- 100% leased
- Two professional tenants
- Quiet, private setting
- At State St (Rt 38) & Bricher Rd
- Mixed-use commercial & residential area
- Just 0.3 mile west of Randall Rd
Loan History
Financial History
Tax History
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