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The Newton House 11 N Batavia Ave 4,099 SF Office Building Batavia, IL 60510 $749,000 ($182.73/SF)
INVESTMENT HIGHLIGHTS
- Owner Occupier potential with rental income (885 SF of space)
- Mixed use of Office and Retail
- 5 Minute walk to downtown restaurants and the Fox River
- Located on the Northwest corner of Batavia Ave. (Rt. 31) and Wilson St.
- Public parking adjacent to building
- High traffic counts
EXECUTIVE SUMMARY
The Newton House located at 11 N. Batavia Avenue is full of historical charm! This home is one of the most historic places in Kane County. Built in 1878 by Don Carlos Newton, owner of the Newton Wagon Manufacturing Company. In 1921, the Library Board purchased the property and from 1921-1981, the building was the home of the Batavia Public Library. In the 1980's, the library relocated and the Newton House was then renovated into office and retail spaces. Today you'll find a variety of small business in the building including: Bocaditos Cafe, Perfect Balance, Big Owl Interactive,Wren and Rose Photography, Smitherman and Associates Insurance and a host of other small businesses. The Newton House sits at the corner of Wilson and Route 31, the entry point into Downtown Batavia. It's conveniently located within walking distance to downtown shops and restaurants and ironically, the current Batavia Public Library is now located across the street!
Recent Upgrades:
Restoration of hardwood floors
Restoration of staircase
Restoration of art glass
New lighting
New Roof, downspouts, gutters
Renovation of the entire interior
Exterior painted
Cement front patio and stairs restored
Renovation of Monument Signage
2023 RE Taxes paid in 2024 $ 13,548.44.
First Floor 4,063 SF Second Floor 2,501 SF Basement 2,219 SF additional Attic Space
Recent Upgrades:
Restoration of hardwood floors
Restoration of staircase
Restoration of art glass
New lighting
New Roof, downspouts, gutters
Renovation of the entire interior
Exterior painted
Cement front patio and stairs restored
Renovation of Monument Signage
2023 RE Taxes paid in 2024 $ 13,548.44.
First Floor 4,063 SF Second Floor 2,501 SF Basement 2,219 SF additional Attic Space
TAXES & OPERATING EXPENSES (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$9,223
|
$2.25
|
| Operating Expenses |
$28,160
|
$6.87
|
| Total Expenses |
$37,383
|
$9.12
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023)
| Taxes | |
|---|---|
| Annual | $9,223 |
| Annual Per SF | $2.25 |
| Operating Expenses | |
|---|---|
| Annual | $28,160 |
| Annual Per SF | $6.87 |
| Total Expenses | |
|---|---|
| Annual | $37,383 |
| Annual Per SF | $9.12 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Building Size
4,099 SF
Building Class
B
Year Built
1950
Price
$749,000
Price Per SF
$182.73
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,050 SF
Building FAR
0.21
Lot Size
0.44 AC
Zoning
Commercial
AMENITIES
- Central Heating
- Fully Carpeted
- High Ceilings
- Partitioned Offices
- Reception
- Recessed Lighting
- Drop Ceiling
- Air Conditioning
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (85)
PROPERTY TAXES
| Parcel Number | 12-22-177-013 | Total Assessment | $170,081 (2024) |
| Land Assessment | $70,636 (2024) | Annual Taxes | $9,223 ($2.25/SF) |
| Improvements Assessment | $99,445 (2024) | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
12-22-177-013
Land Assessment
$70,636 (2024)
Improvements Assessment
$99,445 (2024)
Total Assessment
$170,081 (2024)
Annual Taxes
$9,223 ($2.25/SF)
Tax Year
2023 Payable 2024
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The Newton House | 11 N Batavia Ave
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