Single Tenant Industrial Investment

411 Union St, Geneva, IL 60134

  • For Sale $1,950,000
  • 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 Aug 16, 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.FOR SALE: 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 the current lease runs through 7/31/26 with (2) 1-year options. 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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Attachments

Highlights

  • Long term, sticky tenant
  • NNN lease with minimal landlord responsibilities
  • Potential for future redevelopment

Contacts

broker

Brian Lindgren

SVN | Landmark Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    56/100 Somewhat Walkable

  • Bike Score ®

    61/100 Bikeable
Powered by Walk Score ®
  • City Geneva, IL
  • Neighborhood Downtown Geneva
  • Zip Code 60134
  • Market Chicago

Points of Interest

  • 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

  • Citgo

    0.97 miles

  • BP

    1.29 miles

  • Fuller's

    1.39 miles

  • Amstar

    1.75 miles

  • BP

    1.81 miles

  • Costco Gasoline

    1.94 miles

  • Mobil

    1.97 miles

  • Citgo

    2.01 miles

  • Sam's Club

    2.76 miles

  • Mobil

    3.07 miles

  • Geneva Parking Garage

    0.91 miles

  • 1st Street Parking Deck

    1.21 miles

  • Car Park Area

    3.48 miles

  • Parking for North Aurora town hall building

    6.06 miles

  • Fearn Teachers Parking Lot

    6.31 miles

  • Fearn Parking lot

    6.34 miles

  • Otter Creek Forest Preserve

    7.43 miles

  • High Lake Daily Parking

    7.84 miles

  • Parking lot 3

    7.90 miles

  • Red Lot Permit Only

    7.96 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

  • Bangkok Thai

    0.52 miles

  • ALDI

    1.14 miles

  • Jewel-Osco

    1.60 miles

  • The Fresh Market

    1.82 miles

  • Meijer

    1.84 miles

  • Ross

    2.37 miles

  • ALDI

    2.39 miles

  • Ross

    2.41 miles

  • TJ Maxx

    2.49 miles

  • Trader Joe's

    2.66 miles

  • Fresh Thyme

    2.66 miles

  • Geneva Police Department

    0.59 miles

  • Geneva Fire Department

    1.05 miles

  • CVS Pharmacy

    1.06 miles

  • Walgreens

    1.25 miles

  • CVS Pharmacy

    1.27 miles

  • Saint Charles Fire Department Station #1

    1.38 miles

  • St Charles Police Department

    1.67 miles

  • Northwestern Medicine Delnor Hospital

    1.94 miles

  • St Charles Fire Department - Station 2

    2.15 miles

  • Geneva Fire Department

    2.28 miles

Frequently Asked Questions

How much does Single Tenant Industrial Investment cost?

The space currently listed for sale at Single Tenant Industrial Investment asks for $1,950,000.

What is the total square footage of Single Tenant Industrial Investment?

Single Tenant Industrial Investment totals 37,000 square feet.

When was this property built?

Single Tenant Industrial Investment was built in 1935.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Brian Lindgren

SVN | Landmark Commercial Real Estate