This exceptional Class A office building, located at 1750 E Main St in St. Charles, IL 60174, presents a unique investment or leasing opportunity. The 37,000 square foot, three-story building, constructed in 1988 and extensively renovated in 2023, boasts a prime location on IL Route 64/North Ave/Main Street. The property features a total of 93 surface parking spaces, multiple employee entrances, and is fully ADA accessible. Individual office suites range from 2,336 to 4,584 square feet and are in turnkey condition, featuring updated flooring, fresh neutral paint, and high-quality finishes throughout. The building is zoned BC-PUD and has a Kane County APN of 09-26-401-016. Currently occupied by a diverse range of tenants including Simple Logistics, Frolicstein Financial, Fox Valley Chiropractic Physicians, Country Financial, DUI Counseling, and 1st Chiropractic, this property offers immediate income potential. Its convenient location on the east side of St. Charles, one mile west of the Charlestowne Mall redevelopment and near numerous retail centers, restaurants, hotels, and other professional office buildings, provides excellent visibility and accessibility. Enjoy easy access to regional highways via Main Street (Route 64/North Ave) and Kirk Road (Farnsworth), and proximity to DuPage Airport (approximately 8 minutes away). This is a rare opportunity to acquire a well-maintained, high-quality office building in a thriving suburban location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$697,691
6.5%
$644,022
7%
$598,021
Comparable approach
Method
Valuation
Relative Method
$392,286
Geo Method
$503,286
Alternative Use
Use
Valuation
Residential
$798,588
Hospitality
$731,502
Educational
$608,601
Medical
$629,532
Retail
$946,713
Location Insight
City
St Charles
County
Kane
State
Illinois
Latitude
41.9196
Longitude
-88.2903
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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