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28776438
28776439

4 E Wilson St, Batavia, IL 60510

NJ
IL IL 471012919
SVN Landmark Commercial Real Estate
JC
IL 475116201
SVN / Landmark Commercial Real Estate LLC
Listed by SVN Landmark Commercial Real Estate, SVN / Landmark Commercial Real Estate LLC
$888,000
182 days on market
Updated 4 days ago

Value-Add Landmark Building

Details
APN 12-22-258-003
Property Type Mixed Use, Office (+1)
Sub Type Storefront, Apartment (+1)
Square Footage 11,600
Units 3
NOI $30,434
Occupancy 62%
Price per SqFt $77
Broker Co-Op Yes
Class C
Year Built 1895
Stories 4
Lot Size (SqFt) 4,790
Zoning DMU Downtown Mixed Use
Investment Type Value Add

Mixed Use | 11,600 SqFt

Marketing description

Value-add, landmark stone masonry commercial building. Located near the Fox River & Batavia's riverwalk. This vintage building is ideal for a mix of uses (retail / office / residential). Street parking and adjacent public lot, plus 3 private spaces. The property features four usable floors totaling 11,600+ sf plus sub-basement with additional storage and mechanicals. Zoned DMU (Downtown Mixed Use). There is excellent investment / redevelopment potential or owner-user opportunity with income.

The first floor & walk-out rear lower level has an established retail tenant, with the flexibility to divide in the future. Second & third floors offer a mix of private and large open office spaces with plenty of windows overlooking downtown Batavia and the Fox River. 2025 taxes $19,989.

LOCATION: In the heart of Batavia's central business district. Located just east of the Fox River bridge on Wilson St. The property is adjacent to Batavia's Riverwalk, surrounded by shopping & dining. Nearby retailers include Walgreens, Limestone Coffee & Tea, Sturdy Shelter Brewing, GOAT Restaurant and Batavia Creamery. 2025 Demographics (5 mi): Population - 113,702. Avg household income - $154,122.

Investment highlights

11,600+ Leasable Area on Four Levels

Attractive Stone Masonry Construction

Overlooking Downtown Batavia & Fox River

Private Parking with Adjacent Public Lot

Owner/User or Investment Opportunity

Retail Tenant on 1st Floor Plus Lower Level

2nd Floor Vacant Office Space With Residential Potential

3rd floor With Office or Residential Potential

Zoned DMU (Downtown Mixed Use)

Listing Contacts

NJ
IL IL 471012919
SVN Landmark Commercial Real Estate
JC
IL 475116201
SVN / Landmark Commercial Real Estate LLC
Listed by SVN Landmark Commercial Real Estate, SVN / Landmark Commercial Real Estate LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$30,434.00
$2,536.17/mo

Valuation Metrics

0
DSCR
3.43%
Cap Rate
3.43%
ROI

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Additional Information

Name
Neil Johnson
License
IL 471012919
Brokerage
SVN Landmark Commercial Real Estate
Brokerage Phone
630-938-4950
Title
Managing Broker
Brokerage Address
25 North 3rd Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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