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    Il Rt 31 & Illinois St St Charles, IL

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    For Lease
    $32 SF/Yr ($11,740 /Mo)

    Three-story retail development project in the heart of Downtown Saint Charles.

    Property size:
    4,335 SF
    Lot size:
    0.21 Acres

    Property Features for Il Rt 31 & Illinois St

    General Information

    Size
    4,335 SF
    Lot size
    0.21 Acres

    Source: Sperry Commercial | Chicago Agent David Ellermann

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Saint Charles Development Opportunity

    This is a three-story development project situated in the heart of Downtown Saint Charles. The first floor offers 5,418 rentable square feet, with 4,627 square feet of usable space. The second floor provides 4,927 rentable square feet, including 4,528 square feet of usable space. The third floor features a rooftop and terrace encompassing 4,335 rentable square feet, which includes a 2,491-square-foot open-air patio and 3,313 square feet of usable space. This build-to-suit opportunity is owned by a prominent and reputable local developer, complete with an in-house design-build team and contractors to deliver a turn-key project.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    St Charles
    County
    Kane
    State
    Illinois
    Longitude
    -88.2947675
    Latitude
    41.9169525

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    FAQs

    What type of property is this?
    Retail space - Three-story retail development project in the heart of Downtown Saint Charles.
    Where is this retail space located?
    The property is located at Il Rt 31 & Illinois St St Charles, IL.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: - Prime Downtown Saint Charles location.; - Build-to-Suit opportunity for customization.; - Turn-key delivery by reputable local developer with in-house design-build team.
    (312) 402-3283
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    Il Rt 31 & Illinois St St Charles, IL
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    St Charles, IL
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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
    Il Rt 31 & Illinois St St Charles, IL
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