1508 South Batavia Avenue Geneva, IL 60134
15,300 SF building with I-1 zoning near Fabyan Forest.
- Added:
- Mar 17, 2026
- Days on Market:
- 120
- Last Refresh:
- May 27 at 12:23 pm
Property Features for 1508 South Batavia Avenue
General Information
- Standard status
- Active
- Size
- 41,682 SF
- Lot size
- 0.96 Acres
Building Details
- Year Built
- 1922
Listing office Boardwalk Commercial Real Estate Corporation (708) 917-3333
Listing date Mar 17, 2026
Source Compass
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 Boardwalk Commercial Real Estate Corporation
Investment Insights
Based on property information with market context.
Key Highlights
- Substantial 15,300 square foot office building
- I‑1 Light Industrial zoning allows for versatile uses (industrial warehousing, office spaces, business services)
- Located across the street from Fabyan Forest Preserve and the Fox River
Local Financial Insights For Industrial
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 | $270.1k | $6.48 |
| − Vacancy | −$13.8k | −$0.33 |
| EGI | $256.3k | $6.15 |
| − OpEx | −$76.9k | −$1.84 |
| NOI | $179.4k | $4.30 |
