Two-Unit Attached Residential
701 Viking Drive Batavia, IL 60510
701 Viking Drive, Batavia, IL, 60510
$635,000
For Sale
$635,000
Two attached residences sit on a corner lot, including a raised ranch and a second unit with private driveway.
Property Size4,668 SF
Price / SF$136.03
Days on Market137
Property Features for 701 Viking Drive
General Information
- Standard status
- Active
- Size
- 4,668 SF
- Property subtype
- Detached Single / Raised Ranch
Building Details
- Year Built
- 1978
Listing agency
Baird & Warner Fox Valley - Geneva
(331) 333-9591
Listed by
Heather Prowell · License #475177891
(331) 333-9591
Source
Compass
Added: Mar 7 Updated: Jul 22 at 10:41AM Checked: Jul 22 at 10:41AM
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 Baird & Warner Fox Valley - Geneva
Investment Insights
Based on property information with market context.
This unique attached two-residence property includes a main raised ranch home and a second fully equipped residence connected to the main structure. The main home features four bedrooms and three full bathrooms, with an updated kitchen that opens to a large eating area. A 3-season room overlooks the yard, and the home offers abundant storage, a workshop, and a two-car garage. The connected second residence has two bedrooms and one full bathroom, with a spacious eat-in kitchen, a comfortable living area, its own laundry, and a dedicated entrance.
The second residence includes a private driveway and a two-car garage. Both homes are positioned on a spacious corner lot.
In total, the main home is listed as 3,516 square feet and the apartment as 1,152 square feet, along with two two-car garages.
The second residence includes a private driveway and a two-car garage. Both homes are positioned on a spacious corner lot.
In total, the main home is listed as 3,516 square feet and the apartment as 1,152 square feet, along with two two-car garages.
Key Highlights
- Two attached residences on a spacious corner lot: raised ranch plus a second unit with private driveway
- Main home (raised ranch) offers 4 bedrooms and 3 full bathrooms with a 3,516 SF footprint
- Updated kitchen in the main home opens to a large eating area and a 3‑season room overlooking the yard
Local Financial Insights For Apartment 5plus
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 | $105.9k | $22.68 |
| − Vacancy | −$7.4k | −$1.59 |
| EGI | $98.5k | $21.09 |
| − OpEx | −$44.3k | −$9.49 |
| NOI | $54.2k | $11.60 |
4,668 SF · lease $22.68/SF/yr · vacancy 7.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$865.3K
$757.2K – $1.01M
NOI $60,572 @ 7.0% cap · market cap 9.54%
Second Best
Apartment 5plus
$773.6K
$676.9K – $902.6K
NOI $54,153 @ 7.0% cap · market cap 8.53%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,815 @ 7.0% cap · market cap 17.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two attached residences sit on a corner lot, including a raised ranch and a second unit with private driveway.
Where is this duplex located?
The property is located at 701 Viking Drive Batavia, IL.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Two attached residences on a spacious corner lot: raised ranch plus a second unit with private driveway; Main home (raised ranch) offers 4 bedrooms and 3 full bathrooms with a 3,516 SF footprint; Updated kitchen in the main home opens to a large eating area and a 3‑season room overlooking the yard
