527 Peyton Street
Geneva, IL 60134
- 5 beds
- 2 baths
- – sqft
- 9,000 sqft lot
- 1924 build
- – on site
Historic District Legal Duplex | Fully Vacant | Positioned on a quiet corner in Geneva's designated historic district, this legal duplex has fully exited legacy ownership and stands now as a clean, vacant, income-ready asset. Just blocks from Metra, 3rd Street dining, downtown shops, and parks. This duplex has location stability, dual-unit functionality, and long-term value positioning in one of the city's most consistent zip codes. Turnkey Upper Unit (3 Bed): Private entry, freshly painted, new carpet, new flooring, and a fully updated bath - move-in ready. Turnkey Lower Unit (2 Bed): Private entry with porch, freshly painted, updated bath, clean layout, and historic charm. Each unit has its own entrance; two driveways and a two car garage. Shared basement laundry (washer/dryer included). Utility Structure - Legal & Clear: Each unit is separately metered for gas, water and electric. Zoning is fully compliant. Mechanical Summary: 1st Floor: Furnace (2010) | A/C (2001) 2nd Floor: Furnace (2012) | A/C (1999) Stove & Hood (2018) Well-maintained mechanicals. No deferred systems. Market Rent Potential: 4,400-4,800/month. G Income: 52,800-57,600/year. Est. Expenses (incl. water laundry):12,480. N Income:40,320-45,120. ROI: 8.3-9.3| Cap Rate: Up to 11.8. STR-permissible (verify with city). Zoned for appreciation. No tenancy to unwind. No unfinished work. Legal duplex with clean separation. This is not a distressed property. It's a concluded thread - now repositioned. Phone, text, and email inquiries are reviewed and returned within 24 hours.
Last checked:
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Last updated Apr 12, 2025
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MLS# 12330317 —
The Building
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Year Built:1924
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Rebuilt:No
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New Construction:false
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Construction Materials:Aluminum Siding
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Basement:Unfinished, Exterior Entry, Full
Interior
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Rooms Total:12
Location
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Directions:Rt. 38 to 6th Street (N) to Peyton St. (E)
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Location:22029
The Property
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Parcel Number:1203257007
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Property Type:Residential Income
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Location:A
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Lot Size Dimensions:60 X 150
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (630) 929-1100
- Office phone:
- (630) 929-1100
Taxes
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Tax Year:2023
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Tax Annual Amount:8923
Beds
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Bedrooms Total:5
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Bedrooms Possible:5
Baths
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Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Electric
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Williamsburg Elementary School
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Elementary School District:304
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Middle Or Junior School:Geneva Middle School
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Middle Or Junior School District:304
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High School:Geneva Community High School
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High School District:304
The Community
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Community Features:Park, Curbs, Sidewalks, Street Lights, Street Paved
Parking
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Parking Total:4
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Parking Features:On Site, Detached, Driveway, Garage
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Garage Spaces:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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4/5/25
Apr 5, 2025
|
Listed / Active | MRED | $484,900 |