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Two-Unit Duplex with Four-Car Garage

622/624 E Wilson St, Batavia, IL 60510

For Sale
$374,900
Pending

Both residences offer two bedrooms, with two bathrooms in the lower unit and one upstairs.

Property Size1,745 SF
Lot Size0.60 Acres
Days on Market8

Property Features for 622/624 E Wilson St

General Information

Standard status Pending
Size 1,745 SF
Total Parking Spaces 4
Lot size 0.60 Acres
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/2BA, 1 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1885
Buildings 1
Listing Agency: One Source Realty
Listed By: Matthew Kombrink, GRI,SFR · License #471007391
Source: Searchillinoishomesforsale
Added: Nov 2 Changed: Nov 6 Last Checked: Nov 8 at 6:43AM

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 One Source Realty

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Investment Insights

Based on property information with market context.

Built in 1885, this 1.5-story duplex contains 1,745 square feet of living space on a 0.6-acre fenced lot. The first-floor residence has two bedrooms and two bathrooms, a living room with a bay window, a formal dining room, and an eat-in kitchen with stainless steel appliances. A reverse osmosis system serves the kitchen sink and refrigerator. The second-floor unit has two bedrooms and one bathroom. The property also includes an enclosed porch, concrete driveway, and four-car garage.

The property is at 622/624 E Wilson St in Batavia, within walking distance of downtown, the Riverwalk, a school, and parks.

Key Highlights

  • Two units, each with 2 bedrooms
  • First‑floor unit has 2 bathrooms; second‑floor unit has 1
  • 1,745 square feet of living space on a 0.6‑acre fenced lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,643
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,860 $452.9K
Cap Rate 7%
$323,471 $323.5K
Cap Rate 9%
$251,589 $251.6K
Market Conditions
NOI Build-Up for 1,745 SF
Gross rent
$35.0K $20.04/SF
− Vacancy
−$2.6K −$1.50/SF
EGI
$32.3K $18.54/SF
− OpEx
−$9.7K −$5.56/SF
NOI
$22.6K $12.98/SF
Area
Kane County, IL
Vacancy
7.50%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,860
Cap Rate 7%
$323,471
Cap Rate 9%
$251,589

Alternative Uses

Best Use
Multifamily LT 5
$323.5K
$283.0K – $377.4K (±1% cap)
NOI $22,643 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$289.2K
$253.0K – $337.4K (±1% cap)
NOI $20,243 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$475.8K
$416.4K – $555.1K (±1% cap)
NOI $33,308 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

594
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Duplexes in Kane County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer two bedrooms, with two bathrooms in the lower unit and one upstairs.
Where is this duplex located?
The property is located at 622/624 E Wilson St Batavia, IL.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Two units, each with 2 bedrooms; First‑floor unit has 2 bathrooms; second‑floor unit has 1; 1,745 square feet of living space on a 0.6‑acre fenced lot
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