901 N Batavia Ave - Showroom FOR SALE


Batavia, IL 60510
$9,494,900 USD
847-812-8414
901 N Batavia Ave, Batavia, IL for Sale
$9,494,900 USD
Showroom - FOR SALE
1/34
null | Request Cap Rate

901 N Batavia Ave
Batavia, IL 60510


HIGHLIGHTS

  • Historic Landmark in Prime location in the Western Suburban Chicago market | Iconic location with 26,300 VPD traffic count
  • Functional open floor plan adaptable for multiple uses
  • 800 AMP/480V 3p Heavy Power | 13,000 SF of 3rd floor office
  • Passenger elevator and separate freight elevator service all floors
  • Parking for 300 Vehicles is expandable to 500+
  • Multiple potential Municipal Incentives for redevelopment | Significant in place NOI with tremendous upside opportunity

OVERVIEW

Introducing a prime investment/redevelopment opportunity at 901 North Batavia Avenue. This historic landmark building with award-winning architecture is located on the Fox River in Kane County on the border of Geneva and Batavia. The Campana campus resides on a meticulously designed 12.31-acre site. This expansive 131,000 SF industrial/flex space, was originally built in 1936, with expansions in 1968, 1969, and 1988. Zoned MU and strategically positioned in the vibrant West Suburbs, this property offers an ideal canvas for industrial, office, and flex space innovation. Adaptive redevelopment to multiple uses including Affordable Senior Housing is desired by the municipality with potential TIF incentives contemplated. The in-place multi-tenant rent roll produces significant NOI with room to expand substantially. This is a once-in-a-lifetime opportunity to breathe new life into an iconic, historically significant, timeless location. Price is Subject to Offer

FOR SALE DETAILS

PRICE

$9,494,900 USD

PRICE/SF

$72 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Campana Building

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Manufacturing, Showroom

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1936

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating

CLEAR CEILING HT

18 Ft

DOCKS

9

DRIVE INS

4

PARKING SPACES

300

LAND DETAILS

LAND ACRES

12.31

LAND SF

536,224

ZONING

MU

APN/PARCEL ID

12-15-176-008

ASK ABOUT THIS PROPERTY

David CoupeSVNMore Info
847-812-8414

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David CoupeSVNMore Info
847-812-8414

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.