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For Sale

Multi-Unit Retail / Restaurant Building

500 Lark St,
Geneva, IL 60134

Asset Snapshot

1935
Year Built
2008
Year Renovated
1
Floor Count
100%
Occupancy

Offering Summary

Investment Overview

REDUCED PRICE: Vintage (1935) multi-unit, corner retail building consisting of owner's pizza restaurant, plus a retail tenant. Flexibilty to allow 1-4 units. Owner/user opportunity for restaurant (1,450-1,900 sf) plus rent income. Onsite private parking. Contact broker for additional details. 2025 Taxes: $13,093 PLEASE DO NOT DISTURB BUSINESSES OR CUSTOMERS. RESTAURANT: Approx. 1,450 sf, 2nd-generation restaurant space currently set up for carry-out only. Former dining area (approx. 450 sf) could be easily added for sit-down. Existing equipment available. Drive-thru potential. RETAIL: Approx. 1,400 sf tenant space currently occupied by a party balloon shop. $1,400/mo. Lease thru 7/31/27. 2 year option. Could be divided. EXTRA: Large lower level garage/storage/work space with rear, at-grade, access and two overhead doors. Former dining room is currently rented (mo-mo) by retail tenant. The tenant also rents part of basement storage ($125/mo).


Investment Highlights

  • Vintage Freestanding Multi-Unit Retail Building
  • Restaurant Opportunity for Buyer or Tenant (1,450-1,900 SF)
  • Randall Rd Corridor. Corner location at Keslinger Rd
  • Across From Northwestern Medicine Delnor Hospital
  • A new 13,600 sf daycare is planned across Lark St
  • Onsite Private Parking. Drive-Thru Potential.
  • Lower Level At-Grade Garage/Storage
  • Strong Local Demographics

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Listing Syndicated From

Buildout
For Sale
$650,000
Asking Price