2340 Dean St St Charles, IL 60175-1065
- Office Properties & Spaces
- 4,553 SF
- 1.30 lot acres
Feb 06, 2023
Current Use by Public Records
- Office Properties & Spaces
Property Details for 2340 Dean St
- Year built
- 1997
- Lot size
- 1.30 lot acres
- Property size
- 4,553 SF
- Property type
- Office Properties & Spaces
- APN
- 09-29-227-083
- APU
- 929227083
Description
This exceptional 11,403-square-foot single-tenant retail property, located at 2340 Dean Street in Kane County, presents a unique investment opportunity. The building's flexible design makes it ideally suited for a variety of uses, including office space, medical facilities, daycare centers, or co-working environments. The property's single-tenant occupancy provides a streamlined management structure and predictable income stream. Its substantial square footage offers ample room for expansion or customization to meet the specific needs of a wide range of businesses. The property's location within Kane County offers excellent access to major transportation routes and a thriving local economy, ensuring high visibility and convenient access for employees and clients. This is a rare opportunity to acquire a well-situated, versatile commercial property with significant potential for growth and return on investment. The property is classified as retail, with a flex subtype, offering a blend of adaptability and established commercial zoning. The single-tenant occupancy simplifies management and minimizes tenant turnover risks. Serious inquiries are encouraged to explore this promising investment prospect further. Detailed financial information and property specifics are available upon request. This property is ready for immediate occupancy and offers a strong foundation for a successful business venture. Don't miss this chance to secure a prime commercial space in a desirable Kane County location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,495,000
- ML approach
- $1,110,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,280,000
- 6.5%
- $1,180,000
- 7%
- $1,100,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,039,000
Market price range: $640k - $1.15M
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Location Insight
- Map
- Local Demand
- City
- St Charles
- County
- Kane
- State
- Illinois
- Longitude
- -88.3411
- Latitude
- 41.921
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA