1697 Wilson St Batavia, IL 60510
- Industrial properties
- 3.22 lot acres
Current Use by Public Records
- Soto Brothers Landscaping / Landscaper
Property Details for 1697 Wilson St
- Lot size
- 3.22 lot acres
- Property type
- Industrial properties
- APN
- 12-24-126-006
- APU
- 1224126006
Description
This exceptional 2,700 square foot retail space, situated on a substantial 6.88-acre lot in Kane County, presents a unique opportunity for businesses seeking ample space and strategic location. The property boasts a single-tenant occupancy, offering complete control and flexibility. The building itself is designed for functionality, with its 2,700 square feet providing ample room for various retail operations. The expansive lot size offers significant potential for expansion or additional uses. The property's zoning designation as Light Industrial allows for a wide range of commercial applications, making it ideal for businesses requiring both indoor and outdoor space. The site features a fully fenced and secured lot, providing peace of mind and enhanced security. Its strategic location offers easy access to major transportation arteries, including I-88, Route 25, Route 59, and Route 38, ensuring convenient commutes for employees and customers alike. The existing infrastructure includes gravel and compacted grindings, suitable for various storage and logistical needs. This property is particularly well-suited for businesses in logistics, outdoor storage, or related industries requiring a combination of indoor and outdoor space. The property is currently available for lease and presents a compelling opportunity for businesses seeking a versatile and strategically located commercial space. The combination of size, zoning, and location makes this a highly desirable property in a thriving Kane County market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $325,000
- 6.5%
- $280,000
- 7%
- $315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $270,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $290,000
- Retail
- $320,000
- Mixed-Use
- $330,000
- Hospitality
- $265,000
- Educational
- $300,000
- Residential Income
- $275,000
- Energy
- $250,000
- Income-Based Land
- $300,000
- Food Service
- $280,000
Location Insight
- Map
- Local Demand
- City
- Batavia
- County
- Kane
- State
- Illinois
- Longitude
- -88.2735
- Latitude
- 41.8547
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
