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101 S Batavia Avenue,  Batavia IL, 60510

(Active)
$399,000
|
1,680 sqft
|
MLS# 11727575
Last Updated: 5/15/2024 8:34 AM
Description for 101 S Batavia Avenue Batavia, IL 60510
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.
Price
$399,000
Kane
1,680 (approx)
11727575
Active
Description
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.
Listing Information
Property Type: Retail, Business Opportunities, 1 Story
0.33 Acres Other 1,680 (approx)
1940 1 Block,Brick
Batavia//
Concrete Perimeter
1 Total
Commercial
Neighborhood
Room Information
Interior Features
Central Air
Exterior / Lot Features
Brick, Block
93 X 153
COMMR
Driving Directions
SWC 1st Street and Batavia Avenue (aka Rt. 31), 1 block south of Wilson Street, downtown Batavia.
Financial Considerations
1222182010
$9,638
Listing Price History

Batavia Real Estate

Batavia is located in Illinois. Batavia, Illinois 60510 has a population of 26,066.

The median household income in Batavia, Illinois 60510 is $96,908. The median household income for the surrounding county is $82,067 compared to the national median of $66,222. The median age of people living in Batavia 60510 is 38 years.

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Courtesy: Coleman Land Company
Listings courtesy of MRED as distributed by MLS GRID

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This content last refreshed on 5/15/2024 8:34 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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