101 S Batavia Avenue Active

Batavia,IL 60510

$ 300000

- Bed

- Bath

1680 SqFt


Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 1,680 sqft

Price per Sqft $178

MLS Listing ID 11727575

Year Built 1940

Annual Tax Amount $9,638

Tax Year 2022

Lot Dimensions 93 X 153

Property Description

Downtown corner available FOR SALE in Batavia's central business district. Site is approx. 93' on Batavia Ave by 153' on 1st St totaling 14,250sf and was a post-war gas station, a former liquor store and is currently vacant pending redevelopment. Typical of downtown commercial buildings, this property is part of a "row" of commercial buildings occupied by small businesses, extending along the west side of Batavia Avenue, 1st Street to Main Street. The owner and the city are interested in "partnering" with a suitable buyer, so that all parties- shareholders and stakeholders alike, can reflect proudly on this property's next downtown life. Traffic counts along Batavia Avenue between Houston and Main Streets are between 15,000 and 18,000 VPD. The property is within the downtown TIF#3 district, the historic preservation district, and the special service area (SSA 62). The TIF#3 could provide limited financial assistance for a new development on a case-by-case basis. The financial obligations for SSA 62 and the TIF are listed on the tax bill and total approximately $2,500 per year. The visibility is excellent with this corner site. Good commercial design and planning will create something very special and lasting. Call listing agents for more information.

Location

State IL

County Kane

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Brick,Block

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