618-628 S First St Geneva, IL 60134
Geneva AreaEstimated payment $9,460/month
About This Lot
LAND FOR DEVELOPMENT - PRIME DOWNTOWN GENEVA LOCATION! Approximately 0.63-acre commercial redevelopment site in the heart of Geneva's business district, directly across from Kane County government offices and near the Third Street Metra Station. Existing car wash and ancillary improvements currently occupy the site. Property offers excellent potential for residential, mixed-use, retail, office, EV charging or other commercial redevelopment, subject to City of Geneva approvals. Prior development plans contemplated a 50-foot, approximately 50-57-unit residential project. Environmental remediation reportedly completed, including removal of tanks and related equipment; final EPA documentation available from Seller. Exceptional infill location within walking distance of downtown Geneva and the Fox River. Ideal opportunity for developers, investors or owner-users seeking a high-visibility redevelopment site. Buyer to verify zoning, permitted uses, dimensions, environmental documentation and all development potential with the City of Geneva.
Property Details
Property Type
- Land
Est. Annual Taxes
- $14,680
Lot Details
- 27,443 Sq Ft Lot
- Lot Dimensions are 141 x 206 x 141 x 192
- Property is zoned COMMR
Schools
- Western Avenue Elementary School
- Geneva Community High School
Utilities
- Electricity To Lot Line
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,892 | $731,400 | $89,700 | $641,700 |
| 2024 | $19,831 | $679,600 | $89,700 | $589,900 |
| 2023 | $8,781 | $648,700 | $89,000 | $559,700 |
| 2022 | $8,781 | $629,200 | $89,000 | $540,200 |
| 2021 | $8,314 | $594,100 | $69,000 | $525,100 |
| 2020 | $8,042 | $571,600 | $69,000 | $502,600 |
| 2019 | $8,018 | $577,900 | $69,000 | $508,900 |
| 2018 | $9,571 | $584,600 | $69,000 | $515,600 |
| 2017 | $9,855 | $598,900 | $69,000 | $529,900 |
| 2016 | $9,483 | $599,500 | $69,000 | $530,500 |
| 2014 | $9,300 | $569,800 | $69,000 | $500,800 |
| 2013 | $9,165 | $574,100 | $69,000 | $505,100 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/28/2026 08/28/26 | For Sale | $15,000,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12745701
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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