E Main St Retail
For Sale
$4,800,000
4200 E Main St, St Charles, IL 60174
Retail property with showroom, service spaces, and expansion potential.
Property Size13,000 SF
Price / SF$369.23
Days on Market164
Property Features for 4200 E Main St
General Information
Standard status
Active
Size
13,000 SF
Property subtype
Retail
Building Details
Building Size
13,000 SF
Year Built
1972
Listing Agency:
SVN | Landmark Commercial Real Estate
(630) 487-9433
Listed By:
Brian Lindgren
(630) 487-9433
Source:
Svn
Added: Mar 6
Changed: Aug 8
Last Checked: Aug 16 at 3:43AM
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 SVN | Landmark Commercial Real Estate
Investment Insights
Based on property information with market context.
Located on the northwest corner of E Main St (Route 64) and Oak Rd, this property is situated across the street from DuPage Airport and the upcoming Pheasant Run redevelopment. The building features 13,000 square feet of space, including office, showroom, and service areas, complemented by a 12,800 square foot covered pavilion. The location offers frontage on Route 64, which sees 33,000 vehicles per day. The property is approximately 20 minutes from I-355 at the North Ave full interchange and 20 minutes from I-88 at the Rt 31 full interchange. Chicago O'Hare International Airport is approximately 36 minutes away. Ample land is available for building or parking expansion. The property presents potential for retail or residential redevelopment.
Key Highlights
- High‑traffic location on Route 64 with 33,000 vehicles per day.
- 13,000 SF building featuring office, showroom, and service spaces.
- Ample land for building or parking expansion.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$156,920
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,138,400
$3.1M
Cap Rate 7%
$2,241,714
$2.2M
Cap Rate 9%
$1,743,556
$1.7M
Market Conditions
NOI Build-Up for 13,000 SF
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.
Gross rent
$234.0K $18.00/SF
− Vacancy
−$9.8K −$0.76/SF
EGI
$224.2K $17.24/SF
− OpEx
−$67.3K −$5.17/SF
NOI
$156.9K $12.07/SF
Area
Kane County, IL
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,138,400
Cap Rate 7%
$2,241,714
Cap Rate 9%
$1,743,556
Alternative Uses
Best Use
Retail
$2.24M
$1.96M – $2.62M
NOI $156,920 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.49M
$3.93M – $5.24M
NOI $314,182 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,346
Businesses Nearby
116k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 35%
Apparel 10%
Home Improvements & Furnishings 5%
Taco Bell
Dining
22,138 visits/mo
0.2 miles
Chase Bank
Shops & Services
12,434 visits/mo
0.2 miles
Panera Bread
Dining
11,966 visits/mo
0.5 miles
Goodwill
Apparel
11,085 visits/mo
0.5 miles
BP
Shops & Services
6,148 visits/mo
0.2 miles
Demographics for 60174, IL
30,958
Population
13,115
Households
2.4
Avg Household Size
42
Median Age
49%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
2,260
Density / Sq Mi
$102,408
Median Household Income
$51,235
Median Earnings
$1,738
Median Rent
$348,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Showroom - Retail property with showroom, service spaces, and expansion potential.
Where is this showroom located?
The property is located at 4200 E Main St St Charles, IL.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: High‑traffic location on Route 64 with 33,000 vehicles per day.; 13,000 SF building featuring office, showroom, and service spaces.; Ample land for building or parking expansion.
