1485 Louis Bork DrBatavia, IL 60510

  • Industrial properties
  • 1,455 SF
For Sale
$375,000 View listing

Property Details for 1485 Louis Bork Dr

Year built
2006
Lot size
0.08 AC
Property size (Sq ft)
1,455 SF
Property type
Industrial properties
APN
12-13-226-053
APU
1213226053

Description

This exceptional 1.25-acre vacant industrial lot, located at 1485 Louis Bork Dr, Batavia, IL 60510 (APN: 1213226051), presents a unique opportunity for immediate development. Priced at $375,000 ($6.88/sq ft), this property boasts 54,450 square feet and is zoned GI (General Industrial), offering versatility for various uses. Originally planned as Phase II of an existing industrial condominium building, this site benefits from pre-existing infrastructure. Partial civil works are already completed, and all utilities are on-site, with some stubbed to the existing building for streamlined construction. Recorded permanent easements for ingress, egress, and development rights are in place. The lot is ideally suited for a new building up to 20,000 square feet, potentially a warehouse or flex space. While designed to be a 20,562 sq ft, 12-unit industrial condo building, integration into the existing 31,000 sq ft, 18-unit, 100% occupied condominium association is possible, or alternative access may be feasible from neighboring parcels. The General Industrial zoning allows for diverse applications, including call centers, cannabis cultivation, breweries/distilleries, dry cleaning plants, and waste management facilities. This property is available for sale, ground lease, or build-to-suit options. The ownership structure is an LLC.

1485 Louis Bork Dr, Batavia, Illinois

Location Insight

City
Batavia
County
Kane
State
Illinois
Latitude
41.8691
Longitude
-88.2658
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,100
$5,672
$30,515
$36,187
-
$17,016
$91,545
$108,561

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