Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.
Median Size (sqft)
Geneva Office & Commercial Space
Located in Kane County, Illinois, Geneva maintains a population of approximately 22,000 residents, the majority of whom are in their late 30’s and early 40’s. Featuring a relatively affluent population, Geneva is the ideal location for those seeking rental properties for lease that are guaranteed to provide an affordable platform on which to grow a new or previously-established business enterprise. Office space for rent and commercial space for rent in Geneva is located throughout the well-maintained neighborhood zones of this city, making it one of the more popular small communities within the state as a whole.
Geneva Economic Overview
As stated previously, the population of Geneva is relatively affluent compared to the state at large, with median household incomes well above state averages. Common occupations for Geneva’s residents include positions within industries such as manufacturing and professional, technical and scientific services. Unemployment levels in Geneva have remained lower than state averages, due in large part to the diversified nature of the economy here. The per capita income for Geneva’s residential population is approximately $43,000. As could be expected, the residents of Geneva enjoy a high level of purchasing power which immensely benefits all of the businesses located here, particularly those that are geared toward commercial and retail sales.
Geneva At A Glance
The community of Geneva was first established in the 1830’s by Daniel Shaw Haight. Geneva gained the position of county seat in 1836, largely due to the efforts of Col. Richard Hamilton, an influential local politician. Today, many of the important buildings that played important roles in the development of the community remain intact, including the Fabyan Windmill, Riverbank Laboratories, Campana Factory and Elizabeth Place. Demographically, Geneva is primarily Caucasian, with only 3.5% of the population representing additional ethnic groups.
Where To Lease In Geneva
Those seeking rental property for lease in Geneva, particularly properties suited for retail and commercial use, are advised to seek out available locations in the downtown area of the town. That being said, the relatively small nature of Geneva may make finding the ideal location somewhat difficult, as a very few properties are typically available at any given time. Those interested in leasing larger manufacturing properties may also be able to find suitable space here on the outskirts of the area.