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    1485 Louis Bork Dr Batavia, IL 60510

    Sponsored
    For Sale
    $375,000

    1.25-Acre Vacant Industrial Lot, $375,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.25-acre vacant industrial lot, located at 1485 Louis Bork Dr, Batavia, IL 60510 (APN: 1213226051), presents a unique opportunity for immediate development. Priced at $375,000 ($6.88/sq ft), this property boasts 54,450 square feet and is zoned GI (General Industrial), offering versatility for various uses. Originally planned as Phase II of an existing industrial condominium building, this site benefits from pre-existing infrastructure. Partial civil works are already completed, and all utilities are on-site, with some stubbed to the existing building for streamlined construction. Recorded permanent easements for ingress, egress, and development rights are in place. The lot is ideally suited for a new building up to 20,000 square feet, potentially a warehouse or flex space. While designed to be a 20,562 sq ft, 12-unit industrial condo building, integration into the existing 31,000 sq ft, 18-unit, 100% occupied condominium association is possible, or alternative access may be feasible from neighboring parcels. The General Industrial zoning allows for diverse applications, including call centers, cannabis cultivation, breweries/distilleries, dry cleaning plants, and waste management facilities. This property is available for sale, ground lease, or build-to-suit options. The ownership structure is an LLC.

    Property Features for 1485 Louis Bork Dr

    General Information

    Property type
    Land

    HighLights

    • 1.25‑acre vacant industrial lot in Batavia, IL, ready for immediate development.
    • 54,450 square foot lot priced at $375,000 ($6.88/sq ft), zoned GI (General Industrial).
    • Partial site work complete; utilities on‑site, some stubbed to existing building.
    • Recorded easements for access and development rights are in place.
    • Suitable for up to a 20,000 sq ft warehouse or flex space; sale, ground lease, or build‑to‑suit options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Victor Auto Group, ... Used Car Dealer Edge One Atm Batavia Dumpster Rental ... Corporate Office Arrow Heating and Cooling, ... Hvac Contractor LD Services Landscaper

    Suggested Use

    Realty agency Restaurant Law Firm Hotel & Motel Food Market Storage Facility Auto Parts Store Electronics Store Grocery Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Batavia
    County
    Kane
    State
    Illinois
    Longitude
    -88.2644498
    Latitude
    41.8691252

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    FAQs

    What type of property is this?
    Land - 1.25-Acre Vacant Industrial Lot, $375,000
    Where is this land located?
    The property is located at 1485 Louis Bork Dr Batavia, IL.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: 1.25-acre vacant industrial lot in Batavia, IL, ready for immediate development.; 54,450 square foot lot priced at $375,000 ($6.88/sq ft), zoned GI (General Industrial).; Partial site work complete; utilities on-site, some stubbed to existing building.
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    1485 Louis Bork Dr 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
    1485 Louis Bork Dr Batavia, IL 60510
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