241 Oswalt Avenue Batavia, IL 60510
COMMERCIAL - Batavia, IL
Property Features for 241 Oswalt Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- INDUS
- Standard status
- Active
- APN
- 1227278016
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7140
Utilities
- Utilities
- Natural Gas Available
- Cooling system
- Central Air
Building Details
- Year built
- 1991
- Floors in Building
- 1
- Number of units
- 6
- Building materials
- Brick
Listing agent Jennifer Conte License #471007847 (630) 904-6400
Listing office RE/MAX Professionals Select 2272 95th St., Suite 200, Naperville, IL (630) 904-6400
Listing date Jul 13, 2026
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A distinctive feature is the extensive electrical outlet configuration in the northeast corner of the warehouse, with outlets spaced approximately 5 feet apart, along with a water hookup for added flexibility. The building has a reinforced PVC roof installed in March 2023, with new gutters, downspouts, flashing, and roof penetrations.
The association fees cover extensive exterior maintenance and common-area services, including the roof, building exterior, parking areas, landscaping, and snow removal. The complex provides 36 common parking spaces, and the property is within Light Industrial (LI) zoning. Convenient access is available near Route 56 and Route 38, with I-88 approximately 4 miles away. For sale only; no lease option.
Key Highlights
- 5,628 SF brick industrial/flex condo with warehouse, office, and support space for light industrial and business uses
- Warehouse includes 14‑ft‑high overhead doors (2 shared loading docks) and 10'4"–10'8" interior clear height
- Office/support areas include conference room and kitchen area with water hook up for dishwasher, plus 3 private restrooms
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.1k | $10.68 |
| − Vacancy | −$2.9k | −$0.51 |
| EGI | $57.2k | $10.17 |
| − OpEx | −$20.0k | −$3.56 |
| NOI | $37.2k | $6.61 |
