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580 S River Street

Batavia, IL 60510
  • $675,000
  • STATUS: Active
  • ON SITE: 103 Days
  • MLS #: 12198565
UPDATED: 139 min ago
$675,000
  • 0
    BEDS
  • 0.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1978
County:
Area:

School Ratings & Info

Description

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.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-08T23:58:15.737 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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580 S River Street Batavia, IL 60510

  • Price: $675,000
  • Status: Active
  • On Site: 103 Days
  • Updated: 139 min ago
  • MLS #: 12198565
0
Beds
0
Baths
0
½ Baths
0.57
Acres
1978
Built
Neighborhood:
Kane
County:
Kane
Area:
Kane
Property Description
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.
Exterior Features

Exterior Building Type Aluminum SidingBrick Foundation Details Concrete Perimeter Roof Structure Steel Joists

Interior Features

Cooling Office OnlySpace Pac Heat Ventilation Ceiling UnitsWall Unit Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Building Area Total 3600 Built Before1978 YN No Current Use Commercial Electric Circuit Breakers Fire Protection None Geographic Locale East/West CorridorFar West Gross Income 48000 Gross Scheduled Income 48000 Leasable Area 3600 Mls Actual Status Active Net Operating Income 31912 Number Of Tenants 1 Operating Expense 16088 Property Offered For Sale Only Property Sub Type Distribution WarehouseGarageManufacturing / WarehousingOther Tax Annual Amount 10474 Tax Year 2023 Tenant Pays ElectricityHeatInsuranceScavenger Total Monthly Income 4000 Township Batavia Type Industrial Zoning INDUS

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Compass: 630-909-9551.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-08T23:58:15.737 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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