Batavia, IL 60510 580 S River Street

580 S River Street Batavia, IL - Image 1580 S River Street Batavia, IL - Image 2580 S River Street Batavia, IL - Image 3
21 more
580 S River Street Batavia, IL - Image 4580 S River Street Batavia, IL - Image 5580 S River Street Batavia, IL - Image 6580 S River Street Batavia, IL - Image 7580 S River Street Batavia, IL - Image 8580 S River Street Batavia, IL - Image 9580 S River Street Batavia, IL - Image 10580 S River Street Batavia, IL - Image 11580 S River Street Batavia, IL - Image 12580 S River Street Batavia, IL - Image 13580 S River Street Batavia, IL - Image 14580 S River Street Batavia, IL - Image 15580 S River Street Batavia, IL - Image 16580 S River Street Batavia, IL - Image 17580 S River Street Batavia, IL - Image 18580 S River Street Batavia, IL - Image 19580 S River Street Batavia, IL - Image 20580 S River Street Batavia, IL - Image 21580 S River Street Batavia, IL - Image 22580 S River Street Batavia, IL - Image 23580 S River Street Batavia, IL - Image 24580 S River Street Batavia, IL - Image 25
Presented By: Compass
  • MLS# 12198565
  • 10/28/2024
  • Request Tour
  • Request Info
  • SQFT • 3,600

Home Details

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.
Presented By: Compass

General for 580 S River Street

Additional Parcels Y/NNo
Cap Rate4.73
CityBatavia
Construction MaterialsSteel Siding, Aluminum Siding, Brick
CoolingOffice Only, Small Duct High Velocity
CountyKane
Current UseCommercial
DirectionsFrom E Wilson, Head South on River Street
ElectricCircuit Breakers
Gross Income48000
Leasable Area3600
Lease TypeModified Gross
Lot Size Square Feet24891
MLS AreaBatavia
ModificationTimestamp2025-05-20T05:07:04.164Z
Net Operating Income31912
Number Of Units Total1
Operating Expense16088
Property TypeCommercial Sale
Property TypeIndustrial
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount10474
Tax Year2023
Tenant PaysElectricity, Heat, Insurance, Scavenger
TownshipBatavia
Virtual TourClick here
Year Built1978
ZoningINDUS

Exterior for 580 S River Street

Building Area Total3600
Foundation DetailsConcrete Perimeter
Lot Dimensions102X242X103X238
Lot Size Acres0.57

Additional Details

Price History

Client Care

Price $675,000
MLS#12198565
List Date 10/28/2024
Property Type Industrial
Phone 847.485.2500
Request Tour
Request Info
Visit My Website

Similar Properties to 580 S River Street