0 Kirk Rd, Batavia, IL 60510
Exceptional high-density development opportunity in unincorporated Batavia, IL, presents a 2.12-acre parcel ideally suited for multi-family residential construction (8-15 units per acre). This mostly wooded lot boasts 454 feet of frontage on N Kirk Rd, featuring an existing curb cut. Utilities including sewer, water, electric, and gas are conveniently located nearby. The property's zoning is currently F, but annexation to the City of Batavia is possible under their land use plan, potentially allowing for high-density multi-family development or office research (OR) zoning. The property enjoys a prime location, situated on the east side of Kirk Road, immediately south of the Prairie Path and south of the entrance to Fermilab. It's also conveniently located 1.25 miles north of Butterfield Rd. The 2022 property taxes were $4,522.18. The APN is 12-25-300-015. This presents a unique chance to capitalize on the area's growth potential. Asking price: $450,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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