Closed

$525,000

Favorite

5,500

square ft

1806 Hagemann Drive

Batavia, Illinois 60510

Closed / MLS #09224061 / Industrial / Batavia

Listing information updated 12/26/2023 at 3:23pm

Built in 2006, this 5,500 square foot single tenant warehouse has a new lease signed in 2016. The property features 20' ceilings with 16' clear heights, five drive-in doors and a large paved area for outdoor storage. A mezzanine provides additional interior space for storage or additional office space. The facility is leased to a fiber optics company for three years with 2.5% annual escalations. Part of the Tri-Cities area, Batavia is part of the I-88 West Industrial submarket in Chicago. This submarket has very low vacancy and strong rents due to the limited industrial development since 2008. With strong demographic trends in the western suburbs, this is a desirable area for a variety of businesses seeking warehouse or distribution space.

Full Features

Built:

2006

Cooling System:

Office Only

Stories:

Ceiling Height:

Zoning:

INDUS

# of Drive-In Doors:

Building Square Feet:

5,500

Minimum Ceiling Height:

Maximum Ceiling Height:

Current Net Income:

$58,220

Taxes & Assessments

Tax Amount:

$10,186

Tax Year:

2015

Location

Zip Code:

60510

City:

Batavia

County:

Kane

Listing Office: Millennium Properties RE, Inc.

Listing Office Phone: 312.338.3000

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/26/2023 at 3:23pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Batavia, IL

Batavia is a quintessential all-American city. Featured on the cover of the Saturday Evening Post in 1958, it was once the center of transportation, energy, and industry. Founded in 1833, Batavia is the oldest city in Kane County. It manufactured windmills that powered agriculture and wagons and hel...

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$431,793

Average Sale Price

Average Days On The Market

99%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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1806 Hagemann Drive is a industrial which sold for $525,000. This industrial has been listed on @properties since May 12th, 2016 and was built in 2006.