580 S River ST Batavia, IL 60510

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $187

MLS Listing ID 12198565

Year Built 1978

Annual Tax Amount $10,474

Tax Year 2023

Lot Size 0.570 Acres

Lot Dimensions 102X242X103X238

Property Sub-Type Industrial

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.

Location

State IL

County Kane

Area Batavia

Zoning INDUS

Interior

Cooling Office Only, Small Duct High Velocity

Fireplace N

Building

Dwelling Type Industrial

Level or Stories 1

Structure Type Steel Siding,Aluminum Siding,Brick

Listed by Ryan Sjostrom • Compass

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106