131 Batavia Ave Batavia, IL 60510-2450
Property summary
This exceptional investment opportunity presents a well-established, highly profitable pizzeria and building in Batavia, IL. Located at 131 S Batavia Ave, this 3,360 square foot, Class B building boasts a 100% occupancy rate and a current NOI of $65,000, representing an 8.39% cap rate. The pro-forma NOI is projected at $123,000, indicating a potential 15.87% cap rate with increased management involvement. Built in 1997, the single-story building sits on a commercially zoned lot (COMM). The asking price is $775,000, translating to $230.65 per square foot. This turnkey operation offers a strong community presence and a loyal customer base, built over many years of successful operation. The property's prime location on a bustling main street ensures high visibility and consistent foot and vehicular traffic. This rare offering combines the benefits of a successful business with the security of real estate ownership, presenting a compelling opportunity for immediate cash flow and long-term value growth. The property's fee simple ownership provides complete control and potential for future expansion or development. This is an ideal investment for both experienced investors and aspiring entrepreneurs seeking a proven business model with significant upside potential.
Property profile
VerifiedCap rate & NOI
Current use
-
Take-out & Catering
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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