Closed

1806 Hagemann Drive

Batavia, Illinois 60510


Vanessa Rankins
708.259.2723

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$525,000


Square Footage
5,500


Property Type
Industrial
Neighborhood
Batavia


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: 1
Ceiling Height: 20
Zoning: INDUS
# of Drive-In Doors: 5
Building Square Feet: 5,500
Minimum Ceiling Height: 10
Maximum Ceiling Height: 20
Current Net Income: $58,220
School District(s): No Data Available


Taxes & Assessments
Taxes: $10,186


Listing Office: Millennium Properties RE, Inc.

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Batavia photo


Batavia

Batavia is a quintessentially 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. Batavia manufactured…

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Nearby Public Transportation

Metra
BNSF Railway

at Naperville Metra (1.15 miles away)






1806 Hagemann Drive Batavia, Illinois 60510 is a industrial property, which sold for $525,000. Want to learn more about 1806 Hagemann Drive Batavia, Illinois 60510? Contact an @properties agent to request more info.


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