This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

966 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

411 Union St

37,000 SF Industrial Building Geneva, IL 60134 £1,396,530 (£38/SF) 8.01% Net Initial Yield

Executive Summary

PRICE REDUCED! Now asking $1,770,000 for this 37,000sf freestanding industrial building on 2.68 acres. 3 docks and 1 drive-in door. Heavy power. 12' to 17' clear. Brand new 10'x10' storage shed in rear.
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 signed a new 3-year lease in September 2024 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.

Attachments

Sale Brochure - 411 Union St Geneva - Revised 10-25-24

Property Facts

Price £1,396,530 Rentable Building Area 37,000 SF
Price Per SF £38 Number of Floors 1
Sale Type Investment NNN Year Built 1935
Net Initial Yield 8.01% Tenancy Single
Property Type Industrial Parking Ratio 1/1,000 SF
Property Subtype
Manufacturing
  • Industrial Warehouse
 Clear Ceiling Height 17 ft
Building Class B No. Dock-High Doors/Loading 3
Lot Size 2.68 AC Level Access Doors 1
Price £1,396,530
Price Per SF £38
Sale Type Investment NNN
Net Initial Yield 8.01%
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Warehouse
Building Class B
Lot Size 2.68 AC
Rentable Building Area 37,000 SF
Number of Floors 1
Year Built 1935
Tenancy Single
Parking Ratio 1/1,000 SF
Clear Ceiling Height 17 ft
No. Dock-High Doors/Loading 3
Level Access Doors 1

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Olon Industries Inc
  • Manufacturing
  • 37,000 SF
  • -
  • Triple Net
  • Jul 2026
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Olon Industries Inc Manufacturing 37,000 SF - Triple Net Jul 2026
1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 12-03-226-002
  • 12-03-226-003
 Improvements Assessment £256,512
Land Assessment £147,154 Total Assessment £403,666

PROPERTY TAXES

Parcel Numbers
Multiple
  • 12-03-226-002
  • 12-03-226-003
Land Assessment
£147,154
Improvements Assessment
£256,512
Total Assessment
£403,666
(630) 938-4950 x305

  • Listing ID: 32705739

  • Date on Market: 06/08/2024

  • Last Updated:

  • Address: 411 Union St, Geneva, IL 60134

The Industrial Property at 411 Union St, Geneva, IL 60134 is currently available For Sale. Contact SVN | Landmark Commercial Real Estate for more information.

Industrial PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/9
411 Union St, Geneva, IL for sale Building Photo- Image 1 of 9
exterior photo
411 Union St, Geneva, IL for sale Building Photo- Image 2 of 9
IMG_5626
411 Union St, Geneva, IL for sale Building Photo- Image 3 of 9
IMG_5625
411 Union St, Geneva, IL for sale Building Photo- Image 4 of 9
IMG_5621
411 Union St, Geneva, IL for sale Building Photo- Image 5 of 9
IMG_5624
411 Union St, Geneva, IL for sale Building Photo- Image 6 of 9
IMG_5612
411 Union St, Geneva, IL for sale Building Photo- Image 7 of 9
IMG_5615
411 Union St, Geneva, IL for sale Primary Photo- Image 8 of 9
Primary Photo

1 of 1

Connect with us

© 2024 CoStar Group

411 Union St
(630) 938-4950 x 305

411 Union St

Brian Lindgren

(630) 938-4950

x305

(630) 938-4950 x305

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link