580 S River Street , Batavia, IL 60510
Batavia, IL 60510
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.
Details
| MLS# | 12198565 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1978 |
| Days On Site | 76 |
| Listing Provided By | Compass | Ryan Sjostrom |
Features
| SQ Feet | 3,600 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Zoning | INDUS |
| Acreage | 0.57 |
Market Activity 60510
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Learn More About This Property
| State | IL |
|---|---|
| County | Kane |
| City | Batavia |
| Zip Code | 60510 |
| Area | Batavia |
| Listing VS Median (in 60510) | |
Price: $675,000 low | high Med: $499,000 SqFt: 3,600 low | high Med: 2,564 $ / SqFt: $188 low | high Med: $195 On Site: 76 low | high Med: 44.000000 | |