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Executive Summary

New PRICE DROP!!
PRIME DOWNTOWN LOCATION- ST. CHARLES -COMMERCIAL -SIGNALIZED INTERSECTION - SW CORNER - ON MARKET FOR FIRST TIME IN DECADES - NEARLY 1/2 ACRE SITE @ SOUTH 2ND(Rt.31) AND ILLINOIS STREETS- ADJACENT TO A CITY PARKING LOT, MIO MODO RESTAURANT (FORMER FRANCESCA'S) AND THE NEW WHOLE FOODS STORE IS NOW OPEN!! The zoning currently is CBD2, for commercial business district mixed use. New owner could lease/hold, or redevelope into a mix use building. The level site is 134 x 132, or 17,767sf.
Improvements include a 1,500sf auto service station with a 950sf canopy. Traffic counts are * Rt.31- South 2nd Street- Between 10,000 and 13,000 AADT * Illinois Street @ Rt. 31- Between 4,000 and 5,000 AADT * IDOT 2023, but with the new Whole Foods scheduled to open in spring 2025, these counts will likely see significant increases. For more information, access "Additional Information" tab which includes Aerial GIS, ReList Report, Area Demographics Report, Zoning Report and tax bill. Non-MRED/MLS REALTORS... to obtain these reports, call listing agent. Tax bill shows inclusion in the SSA 1b district, a line item addressing the downtown maintenance. The latest bill allocates about $700 annually for this tax overlay. The number of onsite parking spaces is estimated at 10-15.

Property Facts

Price $1,301,224 CAD
Price Per SF $867.48 CAD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
Property Type Specialty
Building Class C
Lot Size 0.42 AC
Building Size 1,500 SF
No. Stories 1
Year Built 1963
Zoning CBD2 - CBD2 is commercial business downtown mixed uses. This property is also in the downtown historical district. Call LA.
Moderately walkable
60/100
Fairly drivable
50/100
Minimal public transit
10/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
09-34-114-010
Land Assessment
$90,624 CAD
Improvements Assessment
$35,029 CAD
Total Assessment
$125,653 CAD
  • Listing ID: 32111710

  • Date on Market: 2024-06-12

  • Last Updated:

  • Address: 201 S 2nd St, St Charles, IL 60174

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