SoldApr 5, 2022

Listed by Sherry Bergmann from Premier Living Properties

Source: Midwest Real Estate Data, LLC #11296221

128 Richards St, Geneva, IL, 60134

Amount undisclosed

4
8
2
0.17 ac.

MultiFam

29 days on the market

Sold: Apr 5, 2022

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About this property

HUGE PRICE REDUCTION PLUS SELLER IS OFFERING $7,000 closing credit!!! 2 unit house on corner lot is ideally located in the heart of downtown Geneva with so many possibilities! Main 2 story house with hardwood floors features 3 bedrooms 2.5 baths large living & dining space, laundry in basement, 2 car garage, parking and 3 separate entrances. Main unit is currently rented for $1,900/mo. with a lease through 03/31. Shared courtyard and deck lead to cozy 1 bedroom ranch apartment with living room that opens to updated kitchen with breakfast bar, desk nook, full bath and laundry closet. Investors have potential to have cash flow positive rentals with long term tenants. Owner occupants could have part of their mortgage paid by renting the other unit while still maintaining privacy. As 2 units it would also make a wonderful in-law arrangement or open the 2nd unit up to main home and have a 1st floor master suite and office with private entrance or art/music studio. Walk to Geneva High, innovative new library, Golf club, Ace Hardware, Josef's Meats, shops, boutiques, coffee shops, wine rooms, restaurants and Fox River.

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