Single Tenant Industrial Investment

For Sale

411 Union St, Geneva, IL 60134

This Geneva property for sale is located at 411 Union St. The current listed sale price for Single Tenant Industrial Investment is $1,770,000. Single Tenant Industrial Investment is situated on a lot that is 2.68 acre in size.

Contacts

broker
Brian Lindgren

SVN | Landmark Commercial Real Estate

Property Details

  • Property Type Industrial - Manufacturing
  • Property Size 37,000 SF
  • Lot Size 2.68 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 1935
  • Year Renovated 1957
  • Date Updated Dec 12, 2024
  • Dock High Doors 3
  • Grade Level Doors 1
  • Office Area 1,500 SF
  • Fire Sprinklers Other
  • HVAC Other
Located in the heart of Geneva. 4 min to Geneva train station (Union Pacific West Line). 15 min to I88 via Rt 31. 50 min to Chicago O'Hare International Airport.PRICE REDUCED! Now asking $1,770,000 for this 37,000sf freestanding industrial building on 2.68 acres. Heavy power. 3 docks and 1 drive-in door. Brand new storage shed. The tenant, Olon Industries, manufactures woodworking components for furniture and cabinets, and has been in business for over 40 years. They have been tenants since 2007, and signed a new 3-year lease in September 2024. Tenant has invested heavily in the building infrastructure as it is a critical part of their North American operations. Under the triple net lease structure, the tenant pays for real estate taxes, insurance, and general maintenance; landlord is only responsible for the roof.
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Highlights

  • Sale price reduced by $180,000!
  • Long term, sticky tenant
  • NNN lease with minimal landlord responsibilities
  • Potential for future redevelopment

Getting around

  • 56/100

    Walk Score ®

  • 61/100

    Bike Score ®

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Location

  • City Geneva, IL
  • Neighborhood Downtown Geneva
  • Zip Code 60134
  • Market Chicago

Points of Interest

  • Geneva

    0.95 miles

  • La Fox

    5.33 miles

  • West Chicago

    5.72 miles

  • Winfield

    7.99 miles

  • Elburn

    8.02 miles

  • Aurora

    9.25 miles

  • Bartlett

    9.28 miles

  • Route 59

    9.59 miles

  • Elgin

    9.82 miles

  • Citgo

    0.96 miles

  • BP

    1.29 miles

  • Fuller's

    1.39 miles

  • Meijer

    1.71 miles

  • Amstar

    1.75 miles

  • Costco Gasoline

    1.94 miles

  • Mobil

    1.97 miles

  • Mobil/7-Eleven

    2.02 miles

  • Tesla Supercharger

    7.12 miles

  • Aurora Supercharger

    9.31 miles

  • Tyler Car Wash

    1.59 miles

  • Shell

    1.66 miles

  • Mr. Bubbles Carwash

    5.77 miles

  • Everwash

    6.59 miles

  • Marathon

    7.13 miles

  • Mr. Car Wash

    8.77 miles

  • Enterprise

    9.03 miles

  • Pro Wash Express

    9.52 miles

  • Delta Sonic Car Wash

    9.57 miles

  • Altiro Latin Fusion

    0.42 miles

  • Nosh

    0.44 miles

  • Papa Saverio's Pizza

    0.46 miles

  • China Wok

    0.46 miles

  • Gia Mia

    0.47 miles

  • Bien Trucha

    0.50 miles

  • Aurelio's Pizza

    0.50 miles

  • Firewater BBQ

    0.50 miles

  • Stockholm's

    0.51 miles

  • Cravings Noodles and Rice

    0.51 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Brian Lindgren

SVN | Landmark Commercial Real Estate