2340 Dean StSt. Charles, IL 60175

Property Details for 2340 Dean St

Year built

1997

Lot size

1.30 AC

Property size (Sq ft)

4,553 SF

Property type

Office properties

APN

09-29-227-083

APU

929227083

Description

This exceptional 11,403-square-foot single-tenant retail property, located at 2340 Dean Street in Kane County, presents a unique investment opportunity. The building's flexible design makes it ideally suited for a variety of uses, including office space, medical facilities, daycare centers, or co-working environments. The property's single-tenant occupancy provides a streamlined management structure and predictable income stream. Its substantial square footage offers ample room for expansion or customization to meet the specific needs of a wide range of businesses. The property's location within Kane County offers excellent access to major transportation routes and a thriving local economy, ensuring high visibility and convenient access for employees and clients. This is a rare opportunity to acquire a well-situated, versatile commercial property with significant potential for growth and return on investment. The property is classified as retail, with a flex subtype, offering a blend of adaptability and established commercial zoning. The single-tenant occupancy simplifies management and minimizes tenant turnover risks. Serious inquiries are encouraged to explore this promising investment prospect further. Detailed financial information and property specifics are available upon request. This property is ready for immediate occupancy and offers a strong foundation for a successful business venture. Don't miss this chance to secure a prime commercial space in a desirable Kane County location.

• CAP approach

  CAP return

  Valuation

  6%

  $822,098

  6.5%

  $758,860

  7%

  $704,656

• Comparable approach

  Method

  Valuation

  Relative Method

  $462,235

  Geo Method

  $593,028

• Alternative Use

  Use

  Valuation

  Residential

  $940,986

  Hospitality

  $861,938

  Educational

  $717,123

  Medical

  $741,786

  Retail

  $1,115,524

Location Insight

City

St Charles

County

Kane

State

Illinois

Latitude

41.921

Longitude

-88.3411

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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