101 S Batavia Batavia, Illinois 60510, Batavia , 60510
Listing ID: MRD11727575
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$399,000
Price
Built: 1940
Listed: 1 year ago
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Property Description

Downtown corner available FOR SALE in Batavia's central business district. Site is approx. 93' on Batavia Ave by 153' on 1st St totaling 14,250sf and was a post-war gas station, a former liquor store and is currently vacant pending redevelopment. Typical of downtown commercial buildings, this property is part of a "row" of commercial buildings occupied by small businesses, extending along the west side of Batavia Avenue, 1st Street to Main Street. The owner and the city are interested in "partnering" with a suitable buyer, so that all parties- shareholders and stakeholders alike, can reflect proudly on this property's next downtown life. Traffic counts along Batavia Avenue between Houston and Main Streets are between 15,000 and 18,000 VPD. The property is within the downtown TIF#3 district, the historic preservation district, and the special service area (SSA 62). The TIF#3 could provide limited financial assistance for a new development on a case-by-case basis. The financial obligations for SSA 62 and the TIF are listed on the tax bill and total approximately $2,500 per year. The visibility is excellent with this corner site. Good commercial design and planning will create something very special and lasting. Call listing agents for more information.

House located at 101 S Batavia Batavia, Illinois 60510. The property was built in 1940. 101 S Batavia Batavia, Illinois 60510 is in the Batavia neighborhood.
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Listed by: Coleman Land Company St Charle Coleman Land Company St Charle

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20% down payment
$1,398
per month
35% down payment
$1,136
per month
50% down payment
$874
per month

Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

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MC
Mark Coleman
(630) 377-1600

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MC
Mark Coleman
(630) 377-1600
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$3,703.37
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$878,400
Total Mortgage
$219,600
Down Payment