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102 S Batavia Ave
4,414 SF 100% Leased Retail Building Batavia, IL 60510 $678,500 ($154/SF)
Investment Highlights
- High visibility location...
- 12,000 VPD per IDOT...
- Highly motivated Seller...
- Signalized corner location...
- Development project location...
Executive Summary
This is a highly visible corner Lot that has been used as a commercial laundry and dry cleaner for many years. 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. The site has been used mainly as a laundry and dry cleaning drop off which could continue or the site can be redeveloped. Seller would welcome the opportunity to discuss the many options available for a new owner.
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$10,932
|
$2.48
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$10,932
|
$2.48
|
Financial Summary (Actual - 2022)
| Taxes | |
|---|---|
| Annual | $10,932 |
| Annual Per SF | $2.48 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $10,932 |
| Annual Per SF | $2.48 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
4,414 SF
Year Built
1950
Price
$678,500
Price Per SF
$154
Percent Leased
100%
Building Height
1 Story
Building FAR
0.29
Lot Size
0.35 AC
Zoning
Commercial - B-2
Parking
8 Spaces (1.81 Spaces per 1,000 SF Leased)
Frontage
251 FT on South Batavia Avenue
Amenities
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Signalized Intersection
- Storage Space
Walk Score ®
Very Walkable (85)
Bike Score ®
Very Bikeable (81)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 12-22-255-001 | Total Assessment | $104,894 (2023) |
| Land Assessment | $36,297 (2023) | Annual Taxes | $10,932 ($2.48/SF) |
| Improvements Assessment | $68,597 (2023) | Tax Year | 2022 Payable 2023 |
PROPERTY TAXES
Parcel Number
12-22-255-001
Land Assessment
$36,297 (2023)
Improvements Assessment
$68,597 (2023)
Total Assessment
$104,894 (2023)
Annual Taxes
$10,932 ($2.48/SF)
Tax Year
2022 Payable 2023
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102 S Batavia Ave
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