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    OFF-MARKET
    Commercial real estate

    912 Main St, Batavia, IL 60510-1689

    1,175 SF 0.43 ac lot Built 1983
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US28-1341667
    Property summary
    AI-generated overview

    This exceptional 1,175 sq ft retail property at 912 Main Street, Batavia, IL, presents a unique opportunity for redevelopment or immediate occupancy. Previously home to a long-standing neighborhood restaurant, "The Elms," operating since 1988, this turnkey space includes all existing fixtures and equipment within the main building and two additional outbuildings, including a garage and sheds. Ample parking and outdoor seating are already established, enhancing the property's appeal. The corner location offers excellent visibility and accessibility. This sale includes two parcels, 12-21-427-001 (912 Main Street) and 12-21-427-002 (214 Whipple Avenue), providing additional space and potential. The 912 Main Street parcel benefits from its location within Batavia's TIF District 4-West Town Tax Increment Financing District. Situated in the desirable Elms neighborhood, on the near-west side of Batavia between S Batavia Avenue and Randall Road, this property offers immediate access to a thriving community with numerous restaurants and parks. Batavia, in Kane County, consistently ranks among Illinois' best places to live, providing a strong foundation for any new business venture. This property is priced at $290,000 and offers a compelling investment opportunity in a vibrant and sought-after location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1983
    Total area 1,175 SF
    Lot 0.43 ac (18,560 SF)
    APN 12-21-427-001
    UPID US28-1341667
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Elms Restaurant Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Main & Whipple LLC · 1 yrs held
    Main & Whipple LLC
    since 2025
    Last sale
    $300,000
    1 recorded transaction
    2025
    $300,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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