3880 Main St St. Charles, IL 60174
- Commercial real estate
- 30,711 SF
- 3.04 lot acres
Current Use by Public Records
- Spirit Halloween / Costume Store / Party Store
Property Details for 3880 Main St
- Year built
- 1995
- Lot size
- 3.04 lot acres
- Property size
- 30,711 SF
- Property type
- Commercial real estate
- APN
- 09-25-276-005
- APU
- 925276005
Description
This exceptional 30,628-square-foot retail property, formerly a Toys "R" Us, is situated on a 3.07-acre lot in St. Charles, Illinois, at 3880 E Main St, 60174. The single-story building boasts 154 dedicated parking spaces and benefits from a highly visible location across from a Walmart, ensuring substantial foot traffic. The property is zoned Commercial - 0060 Land Use Code (APN: 0925276005) and offers significant signage opportunities, including large monument signage on Main Street and additional building signage options. The surrounding area features a concentration of major retailers, including Target, IHOP, Starbucks, Von Maur, and Portillo's, creating a strong retail synergy. The property's strategic location on a highly trafficked North Avenue corridor at a signalized intersection further enhances its visibility and accessibility. Average household income within a one-mile radius is $160,697, and within ten miles, it's $117,866, with 219,024 households within a ten-mile radius. The property is adjacent to the Charlestown Mall Redevelopment project. Property taxes are $1.29 per square foot. Tenant improvement allowances will be determined based on individual needs and creditworthiness. The property is available Summer 2024. This versatile space is suitable for various retail, medical, entertainment, fitness, or resale uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,850,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,945,000
- 6.5%
- $1,780,000
- 7%
- $1,730,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,785,000
- Geo Method
- $1,740,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,845,000
- Retail
- $2,070,000
- Mixed-Use
- $1,640,000
- Hospitality
- $2,000,000
- Educational
- $1,815,000
- Residential Income
- $1,605,000
- Energy
- $1,630,000
- Income-Based Land
- $1,720,000
- Food Service
- $2,050,000
Location Insight
- Map
- Local Demand
- City
- St Charles
- County
- Kane
- State
- Illinois
- Longitude
- -88.264
- Latitude
- 41.9227
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
