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    912 Main St Batavia, IL 60510

    For Sale
    $290,000

    Turnkey Restaurant or Redevelopment Opportunity

    Property size:
    1,175 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 1,175 sq ft retail property at 912 Main Street, Batavia, IL, presents a unique opportunity for redevelopment or immediate occupancy. Previously home to a long-standing neighborhood restaurant, "The Elms," operating since 1988, this turnkey space includes all existing fixtures and equipment within the main building and two additional outbuildings, including a garage and sheds. Ample parking and outdoor seating are already established, enhancing the property's appeal. The corner location offers excellent visibility and accessibility. This sale includes two parcels, 12-21-427-001 (912 Main Street) and 12-21-427-002 (214 Whipple Avenue), providing additional space and potential. The 912 Main Street parcel benefits from its location within Batavia's TIF District 4-West Town Tax Increment Financing District. Situated in the desirable Elms neighborhood, on the near-west side of Batavia between S Batavia Avenue and Randall Road, this property offers immediate access to a thriving community with numerous restaurants and parks. Batavia, in Kane County, consistently ranks among Illinois' best places to live, providing a strong foundation for any new business venture. This property is priced at $290,000 and offers a compelling investment opportunity in a vibrant and sought-after location.

    Property Features for 912 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    1,175 SF

    Building Details

    Year Built
    1988
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Elms Restaurant American Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Batavia
    County
    Kane
    State
    Illinois
    Longitude
    -88.32204
    Latitude
    41.84658

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    FAQs

    What type of property is this?
    Retail property - Turnkey Restaurant or Redevelopment Opportunity
    Where is this retail property located?
    The property is located at 912 Main St Batavia, IL.
    What is the asking price?
    The asking price for this property is $290,000.
    (630) 369-2000
    Request Owner's contact information
    912 Main St 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
    912 Main St Batavia, IL 60510
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