124 S 2nd ST, Geneva, IL 60134
124 S 2nd ST, Geneva, IL 60134
124 S 2nd ST, Geneva, IL 60134
124 S 2nd ST, Geneva, IL 60134
124 S 2nd ST, Geneva, IL 60134
124 S 2nd ST, Geneva, IL 60134
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$ 2,895,000
Est. payment | /mo

4,626 SqFt


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$ 2,895,000
Est. payment | /mo
Save

4,626 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 4,626 sqft

Price per Sqft $625

MLS Listing ID 12747807

Year Built 1860

Annual Tax Amount $18,728

Tax Year 2025

Lot Dimensions 150x120x150x120

Property Sub-Type Retail/Stores

Property Description

Don't miss the chance of a lifetime to own this incredible restaurant property located in the heart of downtown Geneva. This turnkey restaurant is situated in an unbeatable location just steps away from the fabled Third Street shopping district. The building was completely rehabbed in 2013 and received the Mayor's Choice Award. Nothing was left untouched except the charm and character of this stately and historic building. Features such as the wrap-around porch, hardwood floors, impressive millwork, two fireplaces, 12' ceilings, and 8' windows provide the type of ambiance that can't be duplicated. Currently set up with seating for at least 150 inside there is room for 130 more outside on the fenced, brick patio making the property great for events. There is a small building on the patio with a restroom and a bar and the grounds are impeccably landscaped. Featuring approximately 8000 sf of usable space on four levels the first floor is currently set up with table seating for 80 in four rooms, a bar, two ADA bathrooms, two fireplaces, a commercial kitchen with a black iron system, and a coffee room. The second floor has table seating for 70 more in three rooms, three bathrooms, an office, and a utility room. The heart of the building is lower level. With its new concrete floor, this area is set up perfectly for food prep, dishwashing, and storage with a large 27' x 18' storage room as well as a separate liquor room, linen room, and pantry. This is also where you will find two walk-in coolers, an ice machine, and the dishwasher (ice machine and dishwasher not included). Exterior access to the lower level provides the start for a smooth flow of food all the way to the table. The walk-up third floor is currently unfinished and utilized for storage. Infrastructure upgrades include a 4" main water line, 400 amp electrical service, three furnaces, one boiler, and three a/c units. All of the electrical and plumbing has been completely updated plus the building is sprinklered on all four levels. All FF&E is included.

Location

State IL

County Kane

Area Geneva

Zoning COMMR

Interior

Cooling Central Air

Flooring Carpet, Wood

Fireplace N

Building

Dwelling Type Retail/Stores

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
Listed by Charles Kirkwood of  Coldwell Banker Real Estate Group 

Nearby Locations

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124 S 2nd ST