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Executive Summary

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.

Property Facts

Sale Type
Owner User
Property Type
Retail
Building Size
8,000 SF
Building Class
B
Year Built
1860
Price
$3,992,031 CAD
Price Per SF
$499.00 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.45
Lot Size
0.41 AC
Zoning
D-RSCM - Commercial - Restaurant
Frontage
336’ on South 2nd Street

Amenities

  • Restaurant
  • Air Conditioning
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
70/100

Nearby Major Retailers

YogaSix
Pure Barre
Egg Harbor Cafe
Aurelio's Pizza
U.S. Bank
Crossfit Kokua

Property Taxes

Property Taxes

Parcel Number
12-03-453-012
Land Assessment
$184,488 CAD
Improvements Assessment
$142,749 CAD
Total Assessment
$327,238 CAD
  • Listing ID: 42054241

  • Date on Market: 2026-09-04

  • Last Updated:

  • Address: 124 S 2nd St, Geneva, IL 60134

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