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241 Oswalt Avenue Batavia, IL 60510 Commercial - Industrial New

New - 47 Hours Ago
  • 241 Oswalt Avenue, Unit 241, Batavia, IL 60510 Main Photo

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Description

Exceptional owner-user opportunity in Batavia's Fox Valley Business Park! Offering 5,628 SF of versatile industrial/flex space, this well-positioned condominium provides a functional combination of warehouse, office and support space suitable for a variety of light industrial and business uses. The layout includes expansive warehouse/work space, conference room/kitchen area with water hook up for dishwasher, 3 private restrooms and access to 2 shared loading docks with 14-foot-high overhead doors. A unique feature is the extensive electrical outlet configuration in the northeast corner of the warehouse, originally designed to accommodate a computer-related business, with outlets spaced approximately 5 feet apart-ideal for businesses with significant workstation, technology or equipment needs. The warehouse also includes a water hookup for added flexibility. Additional features include approximately 10'4-10'8 interior clear height, 2 recently serviced HVAC units, 2 water heaters, 2 electric accounts and a 7-camera security system with 2K resolution and sound(will need subscription from ADS). Refrigerator, approximately 1 year old, is included. A significant recent building improvement is the 50-mil reinforced PVC roof installed in March 2023 with a 20-year warranty, along with new gutters, downspouts, flashing and roof penetrations. Association fees cover extensive exterior maintenance and common-area services, including the roof, building exterior, parking areas, landscaping and snow removal. Located within an established industrial condominium complex with 36 common parking spaces and Light Industrial (LI) zoning through the City of Batavia. Conveniently located near Route 56 and Route 38, with I-88 access approximately 4 miles away. An outstanding opportunity to own your business location, build equity and gain long-term stability. For sale only-no lease option.

Property Highlights

Property Type: Commercial - Industrial
Building Description: 1.0 stories
Year Built: 1991

General Information

County: Kane
Listed By:
RE/MAX Professionals Select 630-904-6400
MRED MLS
$700,000
Est. $4,626/mo
New to the Market New
SQUARE FEET5,628 MLS#12702016
STATUSNew PROPERTY TYPECommercial - Industrial

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241 Oswalt Avenue, Unit 241, Batavia, IL 60510.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $700,000$700,000$700,000
Down Payment $140,000$24,500$175,000
Monthly Mortgage Amount $3,448$4,232$4,325
Taxes $974$974$974
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$308$0
Monthly Estimated Total $4,626$5,718$5,503

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