912 Main St, Batavia, IL 60510-1689
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.
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Elms Restaurant Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.