Restaurant Property with Central
New
For Sale
$1,775,000
10-12 N River Street, Batavia, IL 60510
The building dates to 1900 and has central air conditioning.
Property Size6,958 SF
Days on Market7
Property Features for 10-12 N River Street
General Information
Standard status
Active
Size
6,958 SF
Zoning
COMMR
Net Operating Income
$153,736
Taxes and HOA fees
Annual Taxes
$16,100
Amenities
Central Air
Building Details
Building Size
6,958 SF
Year Built
1900
Stories
3
Listing Agency:
Keller Williams Inspire
Listed By:
Rudolph Johnson · License #475139695
(630) 201-4130
Source:
Evrealestate
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 24 at 6:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Inspire
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This restaurant property at 10-12 N River Street in Batavia was built in 1900 and has central air conditioning. Its zoning designation is COMMR.
The property is on the east side of the river in downtown Batavia, in Kane County. A parking lot is located to the north.
The property is on the east side of the river in downtown Batavia, in Kane County. A parking lot is located to the north.
Key Highlights
- Central air conditioning
- Built in 1900
- Zoned COMMR
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,982
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,739,640
$1.7M
Cap Rate 7%
$1,242,600
$1.2M
Cap Rate 9%
$966,467
$966.5K
Market Conditions
NOI Build-Up for 6,958 SF
Gross rent
$125.2K $18.00/SF
− Vacancy
−$9.3K −$1.33/SF
EGI
$116.0K $16.67/SF
− OpEx
−$29.0K −$4.17/SF
NOI
$87.0K $12.50/SF
Area
Kane County, IL
Vacancy
7.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,739,640
Cap Rate 7%
$1,242,600
Cap Rate 9%
$966,467
Alternative Uses
Best Use
Specialty Retail
$1.24M
$1.09M – $1.45M
NOI $86,982 @ 7.0% cap · market cap 4.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $168,160 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,018
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 42%
Beauty & Spa 2%
McDonald's
Dining
17,509 visits/mo
0.2 miles
Shell
Shops & Services
9,496 visits/mo
0.3 miles
Mobil
Shops & Services
3,452 visits/mo
0.4 miles
Dunkin' Donuts
Dining
2,383 visits/mo
0.3 miles
Pepe's Mexican Restaurant
Dining
1,875 visits/mo
0.2 miles
Demographics for 60510, IL
28,156
Population
11,234
Households
2.5
Avg Household Size
42
Median Age
56%
College-Educated
97%
High-School Grad
24.4 sq mi
ZIP Area
1,154
Density / Sq Mi
$120,925
Median Household Income
$57,884
Median Earnings
$1,285
Median Rent
$363,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The building dates to 1900 and has central air conditioning.
Where is this conventional restaurant located?
The property is located at 10-12 N River Street Batavia, IL.
What is the asking price?
The asking price for this property is $1,775,000.
What are key features of this property?
This property features: Central air conditioning; Built in 1900; Zoned COMMR
