630-715-5714
124 S 2nd St, Geneva, IL for Sale
Restaurant - FOR SALE
1/41
null | Request Cap Rate

124 S 2nd St
Geneva, IL 60134


HIGHLIGHTS

  • Turnkey Restaurant
  • Complete Rehab 2013
  • All FF&E Included
  • Outdoor Eating Area

OVERVIEW

The Patten House is looking for a new owner! 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 just steps away from the fabled Third Street shopping district. This is an unbeatable location! 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 bathroom and a bar and the grounds are impeccably landscaped. Featuring approximately 8000 sf of usuable space on four levels the first floor is curently set up with table seating for 80 in four rooms, a bar, two ADA bathrooms, two fireplaces, a commercial kitchen with 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 utilitized 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. List price is subject to offer.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Geneva Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1860

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

D-RSCM

APN/PARCEL ID

12-03-453-012

ASK ABOUT THIS PROPERTY

Charles KirkwoodColdwell BankerMore Info
630-715-5714

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Charles KirkwoodColdwell BankerMore Info
630-715-5714

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.