Prime investment opportunity in Batavia's thriving industrial corridor. This 3,600 SF single-story commercial building sits on a 0.57-acre lot with flexible LI-Light Industrial zoning, allowing for various commercial and industrial uses. Fully occupied under a Modified NNN lease through April 2027, the property provides a stable income stream with minimal landlord responsibilities. The tenant covers utilities, interior maintenance, and insurance, while the landlord is responsible for property taxes and major structural components, including the roof and building systems. Located within the South River Street Gateway corridor, this property benefits from high demand and visibility, making it an attractive asset for investors seeking a low-maintenance, income-generating property. With recent updates to the office space and reliable building infrastructure, this property is primed for long-term value retention and tenant satisfaction. The current lease structure offers the potential for continued tenancy post-2027, adding further investment security. This is an ideal opportunity for investors looking for a stable asset in a growing commercial area with easy accessibility and versatile use potential.
Great Investment Opportunity! In the heart of downtown Batavia, Mixed Use Multi Unit Historical Limestone Building. Remodeled and updated (Over a 1/3 of the building was taken down to studs in 2020) with value ad possibilities remaining! Low Vacancy 4 Residential Apartments, 1 Storefront Restaurant with beer garden in back and patio seating fronting to closed of River Street. CASH FLOW IS STRONG!. Three 2 Bedroom Apartments, One 1 Bedroom Apartment. Currently one floor of apartments are long term tenants, the other short term rentals with excellent occupancy rates. Updates include 3 of the 4 units. Roof (2020), Windows (2020), Furnaces and almost all of the AC Units (Between 2020 and 2024). This building is a staple of downtown Batavia and will be for decades to come.
Prime Commercial Opportunity in Batavia, Illinois - Industrial Condo with Retail Flexibility Discover this versatile industrial condo, ideally situated on the Southeast side of Batavia. Boasting 2,258 sq. ft. of adaptable space, this unit has been thoughtfully reconfigured to offer a dynamic storefront with a separate office area. Key Features: Front half of the unit transformed into a welcoming storefront, perfect for retail or service-oriented businesses. Rear area features a private office, maintaining flexibility for administrative or managerial needs. 8'x8' overhead door provides convenient access to shared double enclosed docks equipped with levelers. Two restrooms and full sprinkler system ensure compliance and convenience. Ideal for owner-users or investors seeking a strategic commercial property in a thriving location. This unique property presents an exceptional opportunity for businesses looking to establish or expand in the vibrant Batavia market. Schedule a showing today to explore the potential of this updated industrial condo with small retail capabilities.
Introducing a prime investment opportunity in downtown Batavia IL. This grocery anchored retail center is a 7% cap rate at the list price. The majority of the 7 fully occupied units are long term tenants. The center is strategically located to provide essential services to a high density residential demographic. This contributes to the success of the tenants and is reflected in the long term tenancies. Below market rents provide a tremendous value add opportunity for new ownership. The Berkeley Finer Foods lease expires May 2025 providing an opportunity for possible lease renegotiation, owner user concepts or redevelopment. It also provides an opportunity to capture higher rents for potential uses such as brewpub, daycare, restaurant etc enhancing future value of the center significantly. Recent improvements to the building include replacement of rooftop units and parking lot resurfacing. Take advantage of this established, lucrative retail center investment in an affluent area, offering a secure and promising addition to your portfolio
Introducing a unique real estate opportunity located in the heart of Downtown Batavia, IL. This 1.3 acre property holds parking for approximately 25-30 vehicles and is ideal for any retail development. This zoning classification permits most retail, business and office uses characteristic of downtown shopping areas. Some permitted uses include banks, childcare, restaurants/taverns, offices, personal services and general retail. Featuring an approximately 4,585 sqft brick building with 4 bays, a showroom, a sales counter, an office, a machine & parts room and a restroom. An additional 2 bay all metal freestanding building is ideal for additional storage with approximately 1,010 sqft and a 10'x12' overhead door.
A Huge High-Ceiling Warehouse building in an in-town Batavia location! Building set up for warehousing/storage, is wide open with 4 overhead doors, and has gone under renovation with rebuilt and tuckpointed masonry, a new shingle roof, new windows, and front door. The building sits on over .81 acre including the additional parking lot to the South that is included in the price. Building is not hooked up with water, sewer, or other utilities. Taxes of $7,473 reflect both lots as PINs 1222161022 is $5,917 and 1222161023 is $1,555. Lot #1 with building is 110x233, lot #2 parking lot is 66x150, with total Sq. Ft. 35,533 or .81 acre. For sale asking $69.50 per Sq. Ft & rent asking $7.00 Sq. Ft.
This is a highly visible corner Lot that has been used as a commercial laundry and dry cleaner for many years.Lease price includes the building and land use. Can also include buy option for building and current service business. It is located in the central business district of the City of Batavia on Route 31 (Batavia Avenue) with about 12,000 VPD (per IDOT). The building is irregular shaped with about 4,400 sf that includes additions in 1965 and 1990. Electric service panels of 400 and 125 amps, water and sewer, loading dock and small shed. This clean site has been used mainly as a laundry and dry cleaning drop off which could continue or the property can be redeveloped. Seller would welcome the opportunity to discuss the many options available for a new owner.
BATAVIA strip center for sale in Fabyan Parkway Plaza Shopping Center! One-story brick and concrete buildings with large parking lot. Asking 6 CAP on current income, with room for more development on the site. Add value by adding tenant to existing building! Three retail units; Unit 839 (Pep Boys) is 5,546 SF, Unit 853 (Pacer Dental) is 1,525 SF. Unit 849 (Vacant) is 1,858 SF. See agent for rent roll and survey. The property is strategically positioned within the Fabyan Parkway Plaza shopping center, an approximate 30-acre retail development serving the needs of Batavia, Geneva, North Aurora, Aurora, St. Charles, Elburn and Sugar Grove, as well as other outlying areas. The center is anchored by a 190,000 SF Walmart Supercenter. Other out-lot sites are currently occupied by Bank of America, Visionworks, Sam's Club Gas, PNC Bank, Cartridge World, Advance Auto Parts, Delnor Express Care, Accelerated Physical Therapy, USA Cleaners and Bedding Bargains. North Randall Road sees 28,500 vehicles per day.
A rare chance to live above your business. A true Barndominium Zoned B-3 Commercial. You can live above your workshop, retail shop or other approved business. High traffic counts and corner, make this a prime location. The building was the original Batavia "Old Mill" site. Great potential for rental/ income as well. Located in an unincorporated area of Batavia so this property uses septic system and a well. Multiple pins detail over an acre of property included. This beautiful property has a meandering stream on it so hence portions of this property are located in a flood plain. Entrances are located off Bliss and Main St. Building features 2 bedrooms, 1 bath plus a very large office space. Building Sold As-Is. A true diamond in the rough - so much potential here. Please note min 60 - 90 day close only. Current tenant wishes to stay. Lease is month to month should your buyer wish to use as a home / workshop. Cash buyers note 10 % deposit required. Multiple pin # 11-23-300-025 11-23-300-004
Downtown corner available FOR SALE in Batavia's central business district. Site is approx. 93' on Batavia Ave by 153' on 1st St totaling 14,250sf and was a post-war gas station, a former liquor store and is currently vacant pending redevelopment. Typical of downtown commercial buildings, this property is part of a "row" of commercial buildings occupied by small businesses, extending along the west side of Batavia Avenue, 1st Street to Main Street. The owner and the city are interested in "partnering" with a suitable buyer, so that all parties- shareholders and stakeholders alike, can reflect proudly on this property's next downtown life. Traffic counts along Batavia Avenue between Houston and Main Streets are between 15,000 and 18,000 VPD. The property is within the downtown TIF#3 district, the historic preservation district, and the special service area (SSA 62). The TIF#3 could provide limited financial assistance for a new development on a case-by-case basis. The financial obligations for SSA 62 and the TIF are listed on the tax bill and total approximately $2,500 per year. The visibility is excellent with this corner site. Good commercial design and planning will create something very special and lasting. Call listing agents for more information.
ONE-OF-A-KIND 15,000 + sf of historic riverfront property in the heart of vibrant downtown Batavia. This stunning, well-maintained building is perfect for the owner/user who wants additional tenant income, or the value-add investor. So many approved potential uses here with DMU zoning: restaurant, event, office, medical, retail, partial residential -- or a mix! Set in a highly trafficked downtown location surrounded by residential, 30 S Shumway is the most beautiful and unique building in the area with tons of exposed local limestone, large windows overlooking the Fox River, and elegant Honduran mahogany beams and woodwork. The current longtime owner/occupant took this building down to its stone shell, rebuilt it with prime craftsmanship, and has babied it ever since. Please note the courtyard north of the building, and the potential for a large rooftop deck above the south single-story section. There's ample parking on the frontage, in the municipal spaces in the lot across Shumway and the lot to the south, and on Wilson Ave for a total of 80+ spaces. Equipped with an elevator servicing all three levels and a full sprinkler system, 30 S Shumway is move-in ready. Om, full RR, and appraisal available under "additional information."
The median home value in Batavia, IL is $432,450. This is higher than the county median home value of $310,200. The national median home value is $338,100. The average price of homes sold in Batavia, IL is $432,450. Approximately 75.54% of Batavia homes are owned, compared to 21.08% rented, while 3.38% are vacant. Batavia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Batavia real estate agent to arrange a tour today!
Batavia, Illinois has a population of 26,261. Batavia is more family-centric than the surrounding county with 45.87% of the households containing married families with children. The county average for households married with children is 36.28%.
The median household income in Batavia, Illinois is $109,146. The median household income for the surrounding county is $88,935 compared to the national median of $69,021. The median age of people living in Batavia is 38.5 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 37.2 inches per year, with 28 inches of snow per year.