201 S 2Nd St St Charles, IL 60174

Property Details for 201 S 2Nd St

Year built

1963

Lot size

0.41 lot acres

Property size

1,500 SF

Property type

Commercial real estate

APN

09-34-114-010

APU

934114010

Description

This exceptional commercial land parcel, located at 201 S 2nd St, St. Charles, IL 60174, presents a unique investment opportunity. The 17,767 square foot (approximately half-acre) lot boasts a prime downtown location at a signalized intersection on the southwest corner of South 2nd Street (Route 31) and Illinois Street. Currently zoned CBD2 Commercial Business Downtown Mixed Use, this fee-simple property offers significant flexibility for redevelopment or leasing. The site is nearly level, measuring approximately 134 feet by 132 feet. Existing improvements include a 1,500 square foot former gas station building with a 950 square foot canopy, currently used as an auto repair business (a "no further rent" letter is available). The property benefits from high traffic counts, with South 2nd Street (Route 31) seeing between 10,000 and 13,000 average annual daily traffic (AADT) and Illinois Street at Route 31 experiencing between 4,000 and 5,000 AADT (per IDOT 2023 data). These numbers are expected to increase significantly with the opening of a new Whole Foods store in Spring 2025. The property is adjacent to a city parking lot and the Mio Modo restaurant (formerly Francesca's). The property includes an estimated 10-15 onsite parking spaces. The Kane County Assessor's Parcel Number (APN) is 09-34-114-010. The asking price is $1,100,000. Additional information, including aerial GIS data, a ReList report, area demographics report, zoning report, and tax bill (showing an annual SSA 1b district tax overlay of approximately $700) are available.