Property profile

580 S River St Batavia, IL 60510

FOR SALE
Commercial real estate
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Property ID
US28-1582136
3,600 SF 0.57 ac Built 1978
Last sale May 1998
Individually Owned Owner of record is an individual. 28-yr Hold Held for 28 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 3,600 square foot single-story commercial building presents a prime investment opportunity in Batavia, Illinois's thriving industrial corridor. Situated on a 0.57-acre lot, the property boasts flexible LI-Light Industrial zoning, accommodating a diverse range of commercial and industrial uses. Currently fully occupied under a Modified NNN lease extending through April 2027, this asset provides a consistent income stream with minimal landlord responsibilities. The tenant is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$10k
Tax billed · 2022
Assessed value$114k
Assessed land$48k
Assessed improvement$66k
Effective rate8.73%

Value estimate

· Nov 2026
$455k
$410k – $501k
AI approach$300k
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$1k
Operating expenses−$7k
NOI · 2.58% cap applied$15k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$172/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$112 – $252
Qualifying comparables5

Cap rate analysis

How does the asset earn?
2.58%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKANE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.8
Restaurant21.0
Wholesale Shop20.1

Location

580 S River St Batavia, IL 60510
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
330350 Randall, Batavia, IL 60510 $2,220,000 May 2025 6,000 SF
1001 Wilson St, Batavia, IL 60510-3159 $215,000 Apr 2025 2,024 SF
236 Webster, Batavia, IL 60510-2653 $170,000 Jan 2025 3,671 SF
510 Batavia, Batavia, IL 60510-2902 $800,000 Oct 2024 2,722 SF
833 Wilson, Batavia, IL 60510-3428 $294,000 Jan 2024 2,888 SF
133 Batavia, Batavia, IL 60510-3109 $180,000 Sep 2023 3,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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