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.
*Brand new high efficiency HVAC installed 12/11/24: furnace, air conditioner, and 50 gallon water heater!* This home is awaiting your design ideas and offers an amazing opportunity to join this wonderful community. This property has a great cul-de-sac location not far from the park and elementary school. It features a nice layout with 4 bedrooms upstairs, hardwood floors on the main level, a convenient laundry/mud room coming in from the garage, and the full finished basement is roughed in for a 3rd full bathroom. The separate living room could be used as an office or converted into a 5th bedroom. Out back there is a brick paver patio for enjoying the quarter acre corner yard. See the 3D virtual tour!
Welcome Home! This well maintained Batavia Home offers Spacious Living room, Updated Kitchen with table space, 2 Big bedrooms, 2 Full Updated Bathrooms. Master Suite bath is was recently renovated & has a double bowl sink, Enclosed back porch, Cozy Grilling area, Parklike Fenced Backyard with Mature trees,attached garage and More! Located only Minutes to I88, Metra, shopping and schools and situated on a Beautiful Tree lined street .
This land is Zoned Light Industrial (LI),located in the South River Gateway overlay, could be perfect location for starting a new business, many possibilities, industrial/commercial, but subject to the city of approval. It's off of IL 25, is being sold as is.
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
You have come across a lovely piece of land! Being close to downtown Batavia and having a pleasant view of a stream makes it quite appealing and perfect to build your dream home! Water, sewer, gas and electric already to site and no HOA! This lot has not been assigned street address yet. Located right next to 401 Manchester Ave. Please respect the neighboring properties and do not walk on their lots, this vacant lot is not associated with the neighboring properties.
Easy access to I88. In town close to all amenities and major Roads. Zoned R3 for condos , duplexes, senior housing etc.. Concept on file. Pond work and some hookups already in. Batavia is running out of vacant land. Bring all offers. Agent interest.
Development potential. Former limestone quarry. Zoned South River Street Gateway. TIF District. See aerial and survey by clicking on "ADDITIONAL INFORMATION"
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.
Batavia is located in Illinois. 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.