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    37W408 Main St Batavia, IL 60510

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    For Sale
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    ±10 Acres, Batavia, IL - Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This ±10.41-acre commercial land site presents a unique development opportunity in unincorporated Kane County, Illinois. Located at 37W408 Main St, Batavia, IL 60510, the property boasts a functional site layout ideal for various commercial ventures. Its strategic location offers significant advantages, including proximity to key amenities and infrastructure. The site benefits from easy access to a robust labor pool and housing, supported by its close proximity to Batavia High School and Grace McWayne Elementary School. Furthermore, its location near downtown Batavia and the heavily trafficked Randall Road provides excellent visibility and accessibility for potential businesses. The property's unincorporated Kane County location offers potential tax advantages and streamlined development processes. This ±10.41-acre parcel represents a rare chance to acquire a well-positioned development site in a thriving area of Illinois. The latitude and longitude coordinates are 41.8547154 and -88.273456 respectively. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is classified as commercial land.

    Property Features for 37W408 Main St

    General Information

    Property type
    Land
    Lot Size
    453,460 SF

    HighLights

    • ±10.41‑acre land parcel.
    • Strong labor pool and housing market access.
    • Convenient location near Batavia High School, Grace McWayne Elementary, and downtown Batavia.
    • Excellent Randall Road visibility.
    • Efficient site design.
    • Unincorporated Kane County location.
    Property Profile Location Intelligence

    Current Use by Public Records

    American Firewood and Landscaping Landscaper

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Batavia
    County
    Kane
    State
    Illinois
    Longitude
    -88.273456
    Latitude
    41.8547154

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    FAQs

    What type of property is this?
    Land - ±10 Acres, Batavia, IL - Development Opportunity
    Where is this land located?
    The property is located at 37W408 Main St Batavia, IL.
    What are key features of this property?
    This property features: ±10.41-acre land parcel.; Strong labor pool and housing market access.; Convenient location near Batavia High School, Grace McWayne Elementary, and downtown Batavia.
    Request Owner's contact information
    37W408 Main St Batavia, IL 60510
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    Batavia, IL 60510
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    37W408 Main St Batavia, IL 60510
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