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Listing provided courtesy of Baird & Warner Fox Valley - GenevaMREDas Distributed by MLSGrid- MLS# 12425986MLS Provider

2423 Fargo BoulevardGeneva, IL 60134

Commercial · 7,686 Sq. ft.
$1,375,000 Active

2423 Fargo Boulevard Overview

Time on Site:
333 days
Visits:
3

An exceptional investment opportunity! Real estate only-business not included. Recently renovated building with a reliable, long-term tenant already in place. Tenant is only a couple of months into a 10 year lease. This tenant handles the majority of day-to-day operations, offering a truly hands-off investment experience. As the owner, your only responsibilities are property taxes and insurance-making this an ideal, low-maintenance addition to your portfolio. Don't miss out on this rare opportunity to secure stable income with minimal involvement.

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2423 Fargo Boulevard Facts & Features

  • Type Commercial
  • Sq. ft. 7,686
  • Price/Sq.ft. $179

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1991

Location/Region

  • County Or Parish: Kane
  • MLS Area Major: Geneva
  • Township: Geneva

Tax Information

  • Tax Annual Amount: $16,460.00
  • Tax Year: 2024

General Information

  • New Construction: No
  • Parcel Number: 1208276005
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 7686

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Foundation Details: Concrete Perimeter
  • Stories: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 183x223x210x167x59
  • Lot Size Square Feet: 41901

Building Exterior/Construction

  • Construction Materials: Wood, Brick, Frame

General Information

  • Number Of Units Total: 1

2423 Fargo Boulevard Neighborhood

Community

60134 (GENEVA) Demographics

40
Median Age
1,858
Population Density (per sq. mile)
71%
College Educated
$124,982
Estimated Median Income
8,805
Estimated Total Home Owners
1,495
Estimated Total Renters
85% / 15%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2423 Fargo Boulevard Monthly Cost

$
$ %
%
$
$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2423 Fargo Boulevard Market Data

Based on the last 30 days in this zip code

$672,024
Average List Price
$279
Average Price per Square Foot
27
Properties Sold
59
Average Days on Market
102
Properties for Sale
Calculations provided by Reliance Network

2423 Fargo Boulevard History

Date Event Value Agent
5/18/2026Source: MRED Status Change
Active
5/13/2026Source: MRED Price Reduction
$1,375,000 -12.7%
5/13/2026Source: MRED Status Change
Price Change
2/9/2026Source: MRED Status Change
Active
2/4/2026Source: MRED Price Reduction
$1,575,000 -1.3%
2/4/2026Source: MRED Status Change
Price Change
10/23/2025Source: MRED Status Change
Active
10/18/2025Source: MRED Price Reduction
$1,595,000 -5.3%
10/18/2025Source: MRED Status Change
Price Change
8/6/2025Source: MRED Status Change
Active
7/31/2025Source: MRED Added to Database
July 31, 2025
6/20/2022Source: MRED Added to Database
January 27, 2022