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Fabyan
Batavia, IL 60510

Land For Sale · 4.50 AC

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Investment Highlights

EXCEPTIONAL RESIDENTIAL DEVELOPMENT IN THE UPSCALE COMMUNITIES OF BATAVIA & GENEVA
BATAVIA/GENEVA OFFER OUTSTANDING SUPPORTING DEMOGRAPHICS WITH 111,042 POPULATION AND AN AVERAGE HOUSEHOLD INCOME OF $131,767 WITHIN 5 MILES

4.5 ACRES AVAILABLE WITH “PRELIMINARY PLAN APPROVAL” TO DEVELOP PLAZA WEST, A 104-UNIT APARTMENT COMPLEX

Executive Summary

Jameson Commercial is pleased to present an exceptional residential development opportunity in the upscale communities of Batavia and Geneva: 4.5 acres with “preliminary plan approval” to develop Plaza West, a 104-unit apartment complex. This prime location offers outstanding supporting demographics, with a population of 111,042 and an average household income of $131,767 within a 5-mile radius. Conveniently situated within walking distance to the Advocate Outpatient Center and Batavia Medical Center, as well as adjacent to The Landings and The Windmill Senior Living, this site ensures strong appeal to diverse demographics. Additionally, its proximity to the Super Walmart Center, numerous national and local retailers on Randall Road, and Windy City Farms provides residents with unparalleled
access to shopping, dining, and entertainment options.

PROPERTY FACTS

Sale Type	Investment	Proposed Use	Multifamily Apartment Units - Senior
No. Lots	1	Total Lot Size	4.50 AC
Property Type	Land	Cross Streets	Randall Rd
Property Subtype	Commercial

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily Apartment Units - Senior
Total Lot Size	4.50 AC
Cross Streets	Randall Rd

1 Lot Available

Lot

Price	$2,600,000	Lot Size	4.50 AC
Price Per AC	$577,778

Price	$2,600,000
Price Per AC	$577,778
Lot Size	4.50 AC

+LAND AREA: 4.5 ACRES +ZONING: E3-DISTRICT ESTATE RESIDENTIAL +RE TAXES: $10,692.01 +PIN(S): 12-17-200-015, 12-17-254-001 + ASKING PRICE: $2,600,000

PROPERTY TAXES

Parcel Numbers	Multiple 12-17-254-001 12-17-200-015	Improvements Assessment	$0
Land Assessment	$251,510	Total Assessment	$251,510

PROPERTY TAXES

Parcel Numbers

Multiple

12-17-254-001
12-17-200-015

Land Assessment

$251,510

Improvements Assessment

Total Assessment

$251,510

zoning

Zoning Code	E3 (DISTRICT ESTATE RESIDENTIAL)
E3 (DISTRICT ESTATE RESIDENTIAL)

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Listing ID: 33906721
Date on Market: 11/18/2024
Last Updated:
Address: Fabyan, Batavia, IL 60510

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