124 S 2nd Street
Geneva, IL, 60134 $ 2,895,000
Bedrooms-- Baths-- Sq 4,626 Monthly Estimate*
$ 18,279
for $2,895,000. This 4,626 square foot building was built in 1860 on a lot size of 0.435262.
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.
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FeaturesGeneralCooling Central Air
Zoning COMMR
Construction Materials Brick
Year Built 1860
Electric Circuit Breakers
Stories Count 3
Township Geneva
Property Subtype Restaurant
Tax Year 2025
Additional Parcels Description 1203453017
Assoc Fee Paid Per Not Applicable
County Kane
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status New
Directions Route 38 downtown Geneva to Second Street South on Second Street to address
City Geneva
MLS Area Geneva
Lot Size Square Feet 18960
Tax Annual Amount 18728
Additional Parcels Y/N Y
Leasable Area 0
Standard Status Active
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ExteriorFoundation Details Stone
Building Area Total 4626
Lot Dimensions 150x120x150x120
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* Excluded FeaturesList ByColdwell Banker Real Estate GroupBroker
chas.kirkwood@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $18,279
- Monthly Property Taxes
- $1,561
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Geneva, IL
Average List Price $1,498,750
Percent of Sale Price 48%
About Geneva, IL 22,090 Population
14% Since 2002
$ 96,849 Median Income
43.22 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/1/2026 | $2,895,000 | | Listed Price |