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    30 Shumway Ave Batavia, IL 60510

    For Sale
    $1,500,000

    Unique 15,074 SF Multi-Use Building

    Property size:
    15,074 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 15,074 square foot building at 30 S Shumway Avenue in Batavia, Illinois presents a rare opportunity. Situated in the heart of downtown Batavia's vibrant area, this one-of-a-kind property boasts a prime riverfront location with stunning views of the Fox River. The building's historic character is undeniable, featuring exposed local limestone, large windows, and elegant Honduran mahogany beams and woodwork throughout. Meticulously maintained, this property offers a blend of historical charm and modern functionality. The current configuration allows for multiple uses, thanks to its DMU zoning. Potential uses include restaurant, event space, office, medical facility, retail, or even partial residential, offering significant flexibility for owner-occupiers or investors seeking a value-add opportunity. The building's layout includes an elevator servicing all three levels and a comprehensive sprinkler system, ensuring both convenience and safety. Ample parking is available, with over 80 spaces accessible via the frontage, municipal lots across Shumway Avenue and to the south, and on Wilson Avenue. The property also includes a courtyard to the north and the potential for a large rooftop deck above the south single-story section, adding further development potential. Financial information, including operating expenses and rental roll, is available upon request. This is a truly unique opportunity to acquire a landmark property in a thriving downtown location.

    Property Features for 30 Shumway Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    15,074 SF

    Building Details

    Year Built
    1870
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Project Consulting Services Engineering Consultant Szabo Rena Psychologist Janice R. Ringwald ... Counselor Harbour International Inc Freight Forwarding Service Sheila Fritz, LCPC Counselor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Batavia
    County
    Kane
    State
    Illinois
    Longitude
    -88.3079
    Latitude
    41.84923

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    FAQs

    What type of property is this?
    Commercial real estate - Unique 15,074 SF Multi-Use Building
    Where is this commercial real estate located?
    The property is located at 30 Shumway Ave Batavia, IL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (630) 377-1700
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    30 Shumway Ave Batavia, IL 60510
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    Batavia, IL 60510
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    30 Shumway Ave Batavia, IL 60510
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