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131 N Water St
Batavia, IL 60510
Land For Sale
·
0.36 AC
Investment Highlights
- Close to downtown amenities and waterfront
- No minimum lot area or building setback requirements
- Mixed use zoning allows for a variety of commercial and multi-family uses
- Located in a (TIF) Tax Increment Finance District
Executive Summary
Site is a regular shaped parcel that has 136.75 feet of frontage along Water Street and a depth along its north line of 117.96 feet and a depth along its south line of 114.23 feet for a total estimated area of 15,876 square feet or .36 acre, subject to survey. The site slopes moderately upward from east to west from Water Street. It is not located in a designated flood plain and all utilities including municipal sanitary sewer and water, natural gas and electricity are located in the area.
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.36 AC |
| Property Type | Land | Parcel Number | 12-22-132-061 |
| Property Subtype | Commercial | ||
| Zoning | Downtown Mixed Use | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.36 AC |
| Zoning | Downtown Mixed Use |
| Parcel Number | 12-22-132-061 |
1 Lot Available
Lot
| Price | $175,000 | Lot Size | 0.36 AC |
| Price Per AC | $486,111.11 |
| Price | $175,000 |
| Price Per AC | $486,111.11 |
| Lot Size | 0.36 AC |
Site is located in Batavia's downtown historic district, along the west side of North Water Street just north of Houston Street, near Fox Riverfront. Quarry Stone Pond Condos is across the street. Zoned downtown mixed use. TIF Available.
Description
131 N Water Street is a vacant site (15,876 +/- SF) located in downtown Batavia, on the west side of Water Street, a few hundred yards north of Houston Street. Water Street is a low traffic street that connects the local townhome residential district to the north with Houston Street to the south. The site is opposite the luxury residential condominium development known as Quarry Pond and is steps away from the Fox River, the Fox River Bike Trail, the Batavia Riverwalk, and the Batavia Park District Depot Museum. Utilities are adjacent to the site. Other surrounding land uses include a three-story glass and concrete office building to the south facing Houston Street as well as the downtown restaurant and pedestrian retail district a couple blocks to the south. The sites mixed use zoning would allow for a variety of commercial and multi-family uses typically found in a downtown area, including banks, child-care, restaurants/taverns, offices, personal services and general retail. Residential loft unit and multi-family residential uses are also permitted.
