214 1St StSt. Charles, IL 60174
- Commercial real estate
- 2,405 SF
Property Details for 214 1St St
- Year built
- 1969
- Lot size
- 0.32 AC
- Property size (Sq ft)
- 2,405 SF
- Property type
- Commercial real estate
- APN
- 09-34-129-002
- APU
- 934129002
Description
Exceptional investment opportunity in the heart of downtown St. Charles, Illinois. This fully leased, multi-tenant retail property comprises three buildings totaling 8,473 square feet on a 0.33-acre lot (14,100 square feet). Located at 214-216 S. 1st Street, the property boasts four tenants, including Arcedium Coffee House, Fox Valley Cleaners, Bang Bang Salon, and Rosie's Color Salon, all under long-term leases. The property is zoned CBD-1 and was built in 1900. This prime location benefits from significant revitalization efforts in the area, including the upcoming Whole Foods Market opening in early spring 2025, and proximity to numerous successful businesses such as Mio Modo, Brunch Cafe, and many others. The property is being sold subject to existing leases. Financial details are available upon request for qualified buyers. This is a leased-fee opportunity with strong potential for long-term appreciation. The property's address is 214-216 S. 1st Street, St. Charles, IL 60174, APN 0934129002.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $497,051
- Hospitality
- $455,296
- Educational
- $378,801
- Medical
- $391,828
- Retail
- $589,246
Location Insight
- City
- St Charles
- County
- Kane
- State
- Illinois
- Latitude
- 41.9112
- Longitude
- -88.3134
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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