402-404 Anderson Boulevard

Geneva, IL 60134

$525,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime Mixed-Use Property with Endless Potential In Downtown Geneva! Do not miss out on such a unique investment opportunity with this versatile, mixed-use property. This prime location near the Geneva High School has unlimited possibilities. Perfectly blending commercial and residential spaces, the property includes two separate buildings sharing a common wall, ideal for entrepreneurs, investors, or owner-occupiers seeking rental income. The commercial side of the building is a fully operational...Prime Mixed-Use Property with Endless Potential In Downtown Geneva! Do not miss out on such a unique investment opportunity with this versatile, mixed-use property. This prime location near the Geneva High School has unlimited possibilities. Perfectly blending commercial and residential spaces, the property includes two separate buildings sharing a common wall, ideal for entrepreneurs, investors, or owner-occupiers seeking rental income. The commercial side of the building is a fully operational 6-chair rental hair salon, complete with a spacious room perfect for expanding into massage, nail, or esthetician services. On the residential side, a charming 1.5 story attached single-family home provides comfortable living with 3 bedrooms, 2 full bathrooms, and a delightful front porch and a large fenced in yard to enjoy or room to expand. With its unbeatable location next to Geneva High School, this property benefits from high visibility and convenient access to local amenities, making it an ideal investment for live/work arrangements, rental income, or future development.
  1. Listed by Megan Reno • Baird & Warner Fox Valley - Geneva

Property Details for 402-404 Anderson Boulevard

Area
Geneva
Township
Geneva
Zoning
COMMR
LISTING UPDATED: 02/13/2025 12:02 PM

Property Details for 402-404 Anderson Boulevard

StatusPending
MLS #12270732
Days on Market22
Taxes$9,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1919
Lot Size0.15 AC / 6,600 SF
CountyKane County

Building Information for 402-404 Anderson Boulevard

Stories1Residences2Year Built1919Lot Size0.15 AC / 6,600 SF

Property Information for 402-404 Anderson Boulevard

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Far West
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Service - 201 to 600 Amps
  • # Of Washers: 2
  • Heat/Ventilation: Gas
  • Washer/Dryer Lsd: No
  • # Of Dryers: 2
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Owners Association: No
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 6600
  • Lot Size Square Feet: 6600.0
  • Stories: 1
  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Building Area Total: 2427
  • # Of Offices: 0
  • Other SqFt: 1254
  • Retail SqFt: 1173
  • # Of Ranges: 1
  • # Of Stores: 0
  • Property Sub Type: Apts/Stores
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 44
Miscellaneous
  • Current Use: Commercial
  • Location: Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $1,875.00
  • Fuel Expense: $1,500.00
  • Gross Income: $91,800.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $3,000.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $850.00

Property History for 402-404 Anderson Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 402-404 Anderson Boulevard

This home is within Geneva Community Unit School District 304.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Williamsburg Elementary School
PublicK to 5

Geneva Middle School North
Public6 to 8

Geneva Community High School
Public9 to 12

Geneva Middle School South
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner Fox Valley - Geneva

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 02/13/2025 12:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.