10 N River Street Active

Batavia,IL 60510

$ 1875000

- Bed

- Bath

6958 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,958 sqft

Price per Sqft $269

MLS Listing ID 12165618

Year Built 1900

Annual Tax Amount $16,100

Tax Year 2023

Lot Dimensions 60 X 110

Property Description

Great Investment Opportunity! 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 3 of the 4 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.

Location

State IL

County Kane

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

Building

Structure Type Brick

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