Flex Space with Overhead
520 S River Street, Batavia, IL 60510
For Sale
$695,000
Commercial Sale, Batavia, IL
Property Size3,000 SF
Lot Size0.70 Acres
Price / SF$231.67
Days on Market71
Property Features for 520 S River Street
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Sewer type
Cooling system
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
RE/MAX Suburban · RE/MAX International
Listed By:
Timothy Sotis · License IL #471008033
(630) 980-4000
Added: Sep 3
Changed: Nov 6
Last Checked: Nov 12 at 8:06AM
MLS# 12733465
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,000-square-foot flex building includes 954 square feet of office space. The warehouse has a 12-foot-by-10-foot overhead door, two ceiling-mounted heating units and 12.7 feet of clearance beneath the beam. The office area has central air conditioning and heat. Interior warehouse walls are non-load-bearing and can be removed. The building also has a pitched metal roof, a 200-amp electrical panel, brick and steel siding, and was built in 1986.
At 520 S River Street in Batavia, the property occupies 0.7 acres across two separate PINs. It is zoned INDUS, has public sewer and natural gas availability, and the street provides access for semis and other vehicles.
At 520 S River Street in Batavia, the property occupies 0.7 acres across two separate PINs. It is zoned INDUS, has public sewer and natural gas availability, and the street provides access for semis and other vehicles.
Key Highlights
- 3,000‑square‑foot building with 954 square feet of office space
- 0.7 acres across two separate PINs
- 12‑foot‑by‑10‑foot overhead door and 12.7 feet of clearance beneath the beam
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,365
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,300
$827.3K
Cap Rate 7%
$590,929
$590.9K
Cap Rate 9%
$459,611
$459.6K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$73.4K $24.48/SF
− Vacancy
−$18.3K −$6.10/SF
EGI
$55.2K $18.38/SF
− OpEx
−$13.8K −$4.60/SF
NOI
$41.4K $13.79/SF
Area
Kane County, IL
Vacancy
24.90%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,300
Cap Rate 7%
$590,929
Cap Rate 9%
$459,611
Alternative Uses
Best Use
Office B
$590.9K
$517.1K – $689.4K
NOI $41,365 @ 7.0% cap · market cap 5.95%
Second Best
Flex RnD
$283.2K
$247.8K – $330.4K
NOI $19,826 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$818.0K
$715.8K – $954.4K
NOI $57,262 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
12 ft
Clear height
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 60510, IL
28,156
Population
11,234
Households
2.5
Avg Household Size
42
Median Age
56%
College-Educated
97%
High-School Grad
24.4 sq mi
ZIP Area
1,154
Density / Sq Mi
$120,925
Median Household Income
$57,884
Median Earnings
$1,285
Median Rent
$363,000
Median Home Value
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Market
Properties on Market for Flex space in Kane County
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- North Island Catering — 32 North Island Avenue, 3516 US Highway 34, Batavia, IL 60510
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse and office areas have separate heating and cooling systems, with flexible interior walls in the warehouse.
Where is this flex space located?
The property is located at 520 S River Street Batavia, IL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 3,000‑square‑foot building with 954 square feet of office space; 0.7 acres across two separate PINs; 12‑foot‑by‑10‑foot overhead door and 12.7 feet of clearance beneath the beam
