500 Lark St, Geneva, IL 60134 For Sale

REDUCED PRICE: Vintage (1935) multi-unit, corner retail building consisting of owner's pizza restaurant, plus a retail tenant. Flexibilty to allow 1-4 units. Owner/user opportunity for restaurant (1,450-1,900 sf) plus rent income. Onsite private parking. Contact broker for additional details. 2025 Taxes: $13,093

PLEASE DO NOT DISTURB BUSINESSES OR CUSTOMERS.

RESTAURANT: Approx. 1,450 sf, 2nd-generation restaurant space currently set up for carry-out only. Former dining area (approx. 450 sf) could be easily added for sit-down. Existing equipment available. Drive-thru potential.

RETAIL: Approx. 1,400 sf tenant space currently occupied by a party balloon shop. $1,400/mo. Lease thru 7/31/27. 2 year option. Could be divided.

EXTRA: Large lower level garage/storage/work space with rear, at-grade, access and two overhead doors. Former dining room is currently rented (mo-mo) by retail tenant. The tenant also rents part of basement storage ($125/mo).

LOCATION: Located Geneva IL, an upscale community in west-suburban Chicago. Corner property at Keslinger Rd, just west of Randall Rd, the primary regional commercial corridor thru Kane County. Directly across from south entrance to Northwestern Medicine Delnor Hospital. A new 13,600 sf daycare is planned across Lark St. Surrounded by strong mix of suburban residential, medical, retail, office, and service businesses.

Demographics (5 mi): Population - 111,000, Avg HH Income: $161,000.

Traffic counts (VPD) - Randall Rd: 31,500, Keslinger Rd: 10,700.