Industrial Flex
For Sale
Under Contract
$695,000
520 S River Street, Batavia, IL 60510
Commercial Sale, Batavia, IL
Property Size3,000 SF
Lot Size0.70 Acres
Price / SF$231.67
Days on Market47
Property Features for 520 S River Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
INDUS
Directions
Take Fabyan Parkway to Illinois Route 25/N Washington Ave. Travel South then turn right onto E Wilson Street and then left onto South River Street.
Subdivision
Batavia
Standard status
Active Under Contract
APN
1222429027
Lot size
0.70 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
13051
Utilities
Utilities
Natural Gas Available
Cooling system
Central Air
Amenities
overhead service door
ceiling heating units
central air conditioning and heat
200 amp electrical circuit breaker panel
Building Details
Year built
1986
Floors in Building
1
Flooring type
Concrete, Carpet
Building materials
Brick, Steel Siding
Roof type
Metal
Listing Agency:
RE/MAX Suburban · RE/MAX International
Listed By:
Timothy Sotis
(630) 980-4000
Added: Sep 3
Changed: Oct 16
Last Checked: Oct 19 at 4:06PM
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, constructed in 1986, combines 954 square feet of office space with an adaptable warehouse area. The structure uses brick and steel siding, with concrete and carpet flooring, a metal roof, and interior walls described as non-load-bearing. Warehouse features include a 12-foot by 10-foot overhead service door, two ceiling-mounted heating units, and 12.7-foot clearance beneath the cross-building beam. The front offices have central air conditioning and heat, while the building is served by a 200-amp electrical panel and natural gas availability.
The property occupies 0.7 acres across two separately identified PIN lots near downtown Batavia. Its street and building access are described as suitable for semis and other vehicles. INDUS zoning is in place, and the City of Batavia supplies electricity.
The property occupies 0.7 acres across two separately identified PIN lots near downtown Batavia. Its street and building access are described as suitable for semis and other vehicles. INDUS zoning is in place, and the City of Batavia supplies electricity.
Key Highlights
- 3,000‑square‑foot flex building with 954 square feet of office space
- 0.7‑acre property spanning two separately identified PIN lots
- 12‑foot by 10‑foot overhead service door
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
$1.04M
$906.3K – $1.21M
NOI $72,503 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
12 ft
Clear height
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
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 - Brick-and-steel flex property with dedicated offices, warehouse heating, and central HVAC.
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 flex building with 954 square feet of office space; 0.7‑acre property spanning two separately identified PIN lots; 12‑foot by 10‑foot overhead service door
