580 S River ST, Batavia, IL 60510
580 S River ST, Batavia, IL 60510
580 S River ST, Batavia, IL 60510
580 S River ST, Batavia, IL 60510
580 S River ST, Batavia, IL 60510
580 S River ST, Batavia, IL 60510
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$ 600,000
Est. payment | /mo

3,600 SqFt


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$ 600,000
Est. payment | /mo
Save

3,600 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $166

MLS Listing ID 12766951

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

This 3,600 SF single story, commercial building sits on a 0.57 acre lot and benefits from flexible LI-Light Industrial zoning, supporting a wide range of commercial and industrial uses. This is an ideal opportunity for investors seeking a low-maintenance, income producing asset in a growing commercial area with excellent accessibility and versatile use potential. Positioned within the high visibility South River Street Gateway corridor, the property enjoys strong demand and long-term stability. The property is fully occupied under a Modified NNN lease through April 2027, offering investors a dependable income stream with minimal landlord obligations. The tenant is responsible for utilities, interior maintenance and insurance, while the landlord covers property taxes and major structural components, including the roof and building systems. Recent office updates and well maintained building infrastructure further enhance its appeal, supporting both value retention and tenant satisfaction. The existing lease structure also provides potential for continued tenancy beyond 2027, adding an additional layer of investment security. A Prime investment opportunity in Batavia's expanding industrial corridor.

Location

State IL

County Kane

Area Batavia

Zoning INDUS

Interior

Cooling Office Only, Small Duct High Velocity

Fireplace N

Building

Dwelling Type Industrial

Structure Type Steel Siding,Aluminum Siding,Brick

Midwest Real Estate Data (MRED) IDX
Listed by Thomas Rasmussen of  eXp Realty - Geneva 

NEARBY PROPERTIES

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580 S River ST