North Lincoln and Houston St Portfolio FOR SALE


Batavia, IL
$1,499,963 USD
630-457-1248
, Batavia, IL for Sale
$1,499,963 USD
FOR SALE
1/43
null | 10% Cap Rate

North Lincoln and Houston St Portfolio
Batavia, IL


HIGHLIGHTS

  • Near Fox River Trail walking and bike path
  • Walking distance to local shopping and restaurants
  • Easy access to Route 31 and Route 25

OVERVIEW

An exceptional investment opportunity in Batavia, Illinois, featuring three fully occupied, mixed-use properties with a revised list price of $1,499,963.00, an 10 CAP Rate, and a Net Operating Income (NOI) of $149,963.00. This portfolio combines residential and commercial spaces, offering stability and long-term growth potential in a thriving community. 340 Houston Street: This two unit home offers a separate unit on each floor with beautiful hardwood floors throughout and a large, shared front porch. It is within walking distance to local parks, downtown shops, restaurants and the Batavia Riverwalk. Located in a quiet neighborhood with mature trees, this home offers quiet enjoyment and conveniences. Built in 1900, unit A was renovated in 2023 with new countertops, lighting and LVT flooring. Unit B was renovated in 2021. Zoned residential, this 7,350 total square foot building is currently 100% occupied and offers central heating and air as well as a shared washer and dryer. First Floor Unit A is 800 square feet with one bedroom and one bathroom. Second Floor Unit B is 800 square feet with two bedrooms, one bathroom and a private deck. 20 N. Lincoln Street: This 3,000 square foot residence has been recently updated and is 100% occupied. Located near downtown Batavia in a quiet neighborhood. The space offers an open floorplan with high ceilings partially open to the second floor. This building built in 1860 is zoned residential with the first floor at 1,841 square feet and second floor at 1,272 square feet. There are four reserved parking spaces and the roof was just replaced in 2023. The building offers beautiful hardwood floors, fire alarms, sprinklers and a new washer and dryer. 30 N. Lincoln Street: This once historic church has been renovated into an award-winning office space with a 2-story glass atrium. The Lincoln Atrium is truly remarkable with high ceilings and large windows allowing for abundant sunlight throughout the office. Located in a quiet neighborhood close to Batavia's downtown. Built in 1920, this building offers 8,050 total square feet of office space; 2,821 square feet on the first floor, 2,319 square feet on the second floor, and 2,910 square feet on the garden level. Zoned commercial/downtown mixed-use, this building is 100% occupied, offers 17 dedicated parking spaces and an elevator. Tuckpointing and masonry work were completed in February of 2022.

ASK ABOUT THIS PROPERTY

Brad SchreinerBatavia Enterprises Real EstateMore Info
630-457-1248

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Brad SchreinerBatavia Enterprises Real EstateMore Info
630-457-1248

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