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241 Oswald Ave - Fox Valley Business Park
5,628 SF Flex Condo Unit Offered at $619,080 in Batavia, IL 60510
Investment Highlights
- 4 miles to Interstate 88 access
- Less than 1 mile from the City of Batavia
- 3.5 miles to dining & shopping at the Chicago Premium Outlets
Executive Summary
Fox Valley Business Park (“FVBP”) is a multi-unit condominium building that offers an ideal setting for businesses seeking convenience and connectivity. The park currently features six single-story buildings, with vacant lots available for future development. FVBP is centrally situated in Kane County and nestled in Batavia, a vibrant community home to over 300 diverse manufacturing, research, and warehousing firms. Offering low real estate taxes, a diverse labor pool, and a pro-business municipality, FVBP is strategically located just north of IL Route 56, ~4 miles south of IL Route 38, and ~4 miles north of Interstate 88.
Property Facts
| Price | $619,080 | Building Class | B |
| Unit Size | 5,628 SF | Floors | 1 |
| No. Units | 1 | Typical Floor Size | 24,000 SF |
| Total Building Size | 24,000 SF | Year Built | 1991 |
| Property Type | Flex (Condo) | Lot Size | 1.13 AC |
| Sale Type | Owner User | Parking Ratio | 1.58/1,000 SF |
| Price | $619,080 |
| Unit Size | 5,628 SF |
| No. Units | 1 |
| Total Building Size | 24,000 SF |
| Property Type | Flex (Condo) |
| Sale Type | Owner User |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 24,000 SF |
| Year Built | 1991 |
| Lot Size | 1.13 AC |
| Parking Ratio | 1.58/1,000 SF |
1 Unit Available
Unit 241
| Unit Size | 5,628 SF | Sale Type | Owner User |
| Price | $619,080 | No. Parking Spaces | 38 |
| Price Per SF | $110.00 | APN/Parcel ID | 12-27-278-016 |
| Condo Use | Flex |
| Unit Size | 5,628 SF |
| Price | $619,080 |
| Price Per SF | $110.00 |
| Condo Use | Flex |
| Sale Type | Owner User |
| No. Parking Spaces | 38 |
| APN/Parcel ID | 12-27-278-016 |
Description
- One conference room/kitchen
- Three private restrooms
- Two shared loading docks: 14' overhead
- HVAC: Unit 1 - 7 1/2 ton Daikin, 2016, Unit 2 - 4 ton Daikin, 2016
- ROOF: 50-mil reinforced PVC roof with a 20-year warranty installed March 2023, along with new gutters, downspouts, flashing, and roof penetrations.
Sale Notes
- Less than cost of leasing
- Stability (insulated against market conditions)
- Build equity
- Tax advantages
Association fees include;(a) Building property, liability and umbrella insurance coverage (b) building exterior maintenance including exterior masonry, roof and water drainage items (c) exterior sidewalks, parking area and driveways (d) exterior landscaping, grass mowing and snow plowing (e) Fox Valley Business Park Owners Association dues and (f) reserves.
Amenities
- Air Conditioning
Utilities
- Heating - Gas
zoning
| Zoning Code | I-1, Batavia |
| I-1, Batavia |
-
Bryan Barus -
Suburban Real Estate Services
Presented by
241 Oswald Ave - Fox Valley Business Park
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