302 River LnGeneva, IL 60134

This exceptional 1.99-acre property in downtown Geneva, Illinois, presents a rare redevelopment opportunity. Situated along the Fox River and just blocks from the Route 38 bridge and Geneva Metra station, this assemblage of nine parcels (APN: 12-03-281-001, 12-03-280-004, 12-03-280-003, 12-03-280-005, 12-03-281-006, 12-03-281-005, 12-03-281-007, 12-03-281-004, 12-03-280-006) comprises the majority of a city block, bordered by Stevens Street to the north, Ford Street to the south, River Lane to the east, and First Street (Route 31) to the west. The site currently features a mix of residential and commercial structures, including a 25,000-square-foot concrete loft warehouse. Zoned D-MFR (Multi-Family Residential) and D-SFMR (Single Family Medium Density Residential), this location offers significant potential for high-density residential development. The area has experienced substantial recent redevelopment, including multi-family and townhouse projects. The property's location within the Geneva Fox River TIF District may provide additional development incentives. The Downtown/Station Area Master Plan envisions up to 100 residential units on this site. Asking price is $3,900,000. Address: 302 N River Ln, Geneva, IL 60134.