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201 Houston St Batavia, IL 60510

Commercial real estate Google Maps
15,450 SF 0.5 ac lot Built 1994
Entity Owned 8-yr Hold ~ Est. High Equity
Estimated value (blended)
$385k
Range $347k – $424k (±10%)
Property ID US28-3303122

Property summary

AI-generated overview

This exceptional 1,338 square foot executive office suite is located at 201 Houston Street in Batavia, Illinois, within the desirable Western East/West Corridor submarket of Kane County. The property, a three-story Class B building constructed in 1991, offers a total of 12,887 square feet and ample parking. This specific suite is part of a multi-tenant building and is currently vacant. The 0.57-acre lot provides a convenient and accessible location. The building features an elevator for easy access to all floors. Enjoy the tranquility of a location within walking distance of scenic Fox River paths and just one block from the Batavia Public Library. This prime location offers a blend of serene work environment and convenient accessibility. The suite is ideal for businesses seeking a professional and inspiring workspace in a highly sought-after area. This is a rare opportunity to secure office space in a well-maintained building with excellent amenities and a desirable location. The property's convenient location and attractive features make it an ideal choice for businesses seeking a productive and pleasant work environment. Don't miss this chance to establish your business in this thriving community.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1994
Total area 15,450 SF
Lot 0.5 ac (21,675 SF)
APN 12-22-132-063
UPID US28-3303122

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tax Preparation
  • HVAC Service General Contractor
  • Accounting Firm
  • Alternative Medicine Practice
  • Alternative Medicine Practice

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.72M
Blend (final) Blend
$385k

Owner & transaction history

since 2017
4 recorded transactions
2019
Price N/A
2017
$565,000
2015
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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