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Listed price in listed location currency (USD).
$1,775,000

000

MLS® 12788874

Overview

Key Facts

Type Other
Levels Commercial Sale
Size 6958 sqft
Garage No
Maintenance Fees 
Taxes $16,100
Days Active 7
Approx. Age 1900
Avg. Price Per Sqft $255
MLS® Number 12788874

Property Address: 12-10-12 N River St, Batavia, IL, 60510-2667

Average square foot calculated using Size range provided by listing agent.

Description

Great Investment Opportunity! 8.6 CAP RATE. In the heart of downtown Batavia, Mixed Use Multi Unit Historical Limestone Building. Remodeled and updated (Over a 1/3 of the building was taken down to studs in 2020) with value ad possibilities remaining! Low Vacancy 4 Residential Apartments, 1 Storefront Restaurant with beer garden in back and patio seating fronting to closed of River Street. CASH FLOW IS STRONG!. Three 2 Bedroom Apartments, One 1 Bedroom Apartment. Currently one floor of apartments are long term tenants, the other short term rentals with excellent occupancy rates. Updates include all 4 Residential units. Roof (2020), Windows (2020), Furnaces and almost all of the AC Units (Between 2020 and 2024). This building is a staple of downtown Batavia and will be for decades to come.
MLS® Number12788874
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/CCentral Air

Extras

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