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30 S Shumway Ave 15,000 SF Vacant Office Building Batavia, IL 60510 $2,093,880 CAD ($139.59 CAD/SF) 10.69% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Stunning interior stone and woodwork
  • Located in the heart of downtown Batavia
  • River views from all east-facing windows

EXECUTIVE SUMMARY

ONE-OF-A-KIND 15,000 + sf of historic riverfront property in the heart of vibrant downtown Batavia. This stunning, well-maintained building is perfect for the owner/user who wants additional tenant income, or the value-add investor. So many approved potential uses here with DMU zoning: restaurant, event, office, medical, retail, partial residential -- or a mix! Set in a highly trafficked downtown location surrounded by residential, 30 S Shumway is the most beautiful and unique building in the area with tons of exposed local limestone, large windows overlooking the Fox River, and elegant Honduran mahogany beams and woodwork. The current longtime owner/occupant took this building down to its stone shell, rebuilt it with prime craftsmanship, and has babied it ever since. Please note the courtyard north of the building, and the potential for a large rooftop deck above the south single-story section. There's ample parking on the frontage, in the municipal spaces in the lot across Shumway and the lot to the south, and on Wilson Ave for a total of 75+ spaces. Equipped with an elevator servicing all three levels and a full sprinkler system, 30 S Shumway is move-in ready.
Current owner has not sought occupancy or renewed leases in anticipation of sale. Photos and video are only a partial representation of this stunning building. Multiple office, meeting rooms, kitchenettes, and bathrooms not shown. Outdoor seating in north courtyard, and potential for seating in rear land area owned by City of Batavia (approval required). Rooftop seating potential. All current tenants on MTM or ST lease for potential buyer who has a new vision or desires to re-tenant. Current tenants willing to stay. 75+ parking spaces in close proximity to bldg. New buyer will purchase with confidence in the building's location and integrity!

FINANCIAL SUMMARY (PRO FORMA - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $310,355 $20.69
Other Income - -
Vacancy Loss - -
Effective Gross Income $310,355 $20.69
Taxes $2,411 $0.16
Operating Expenses $41,393 $2.76
Total Expenses $43,804 $2.92
Net Operating Income $266,551 $17.77

FINANCIAL SUMMARY (PRO FORMA - 2024)

Gross Rental Income (CAD)
Annual $310,355
Annual Per SF $20.69
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $310,355
Annual Per SF $20.69
Taxes (CAD)
Annual $2,411
Annual Per SF $0.16
Operating Expenses (CAD)
Annual $41,393
Annual Per SF $2.76
Total Expenses (CAD)
Annual $43,804
Annual Per SF $2.92
Net Operating Income (CAD)
Annual $266,551
Annual Per SF $17.77

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
15,000 SF
Building Class
C
Year Built/Renovated
1870/1993
Price
$2,093,880 CAD
Price Per SF
$139.59 CAD
Cap Rate
10.69%
NOI
$223,766 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,500 SF
Slab To Slab
9’
Building FAR
0.96
Lot Size
0.36 AC
Zoning
DMU - Downtown mixed use; 2nd floor can be used as residential living
Parking
7 Spaces (0.47 Spaces per 1,000 SF Leased)

AMENITIES

  • Atrium
  • Courtyard
  • Waterfront
  • Kitchen
  • Reception
  • Roof Terrace
  • Common Parts WC Facilities
  • High Ceilings
  • Natural Light
  • Open-Plan
  • Partitioned Offices
  • Outdoor Seating
  • Air Conditioning
  • Balcony

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 1E
  • 4,200 SF
  • Office
  • Full Build-Out
  • Now

Riverfront Office with Soaring Ceilings, Historic Charm & Inspiring Views! Welcome to a one-of-a-kind office space that blends historic character with modern function. Set within a beautifully preserved building overlooking the Fox River, this suite features a dramatic two-story central space with a vaulted ceiling and oversized windows that flood the room with natural light and frame stunning river views. The main level includes two private offices and direct access to a peaceful courtyard—an ideal spot for coffee breaks or creative brainstorming. A striking open mezzanine level overlooks the central space and offers several private offices, two bathrooms, a kitchenette, and a flexible open conference area perfect for meetings or collaborative work. Throughout the space, you'll find rich mahogany wood, exposed limestone walls, and architectural details that give this office its warm, inviting character. Whether you're hosting clients or seeking a daily workspace that energizes and inspires, this is the kind of place that turns heads—and feels good to work in. A space that sparks creativity, impresses clients, and makes coming to work a joy!

  • 2nd Fl-Ste 2W
  • 1,246 SF
  • Office
  • Full Build-Out
  • Now

This beautifully unique office suite offers a rare blend of open-concept functionality and rich architectural detail. Located in a historic limestone building, the space features soaring ceilings, exposed beams, and walls of oversized windows that fill the suite with natural light. The layout includes a spacious open work area, perfect for collaborative teams or creative setups, along with a dedicated conference room, kitchenette, and private bathroom. The exposed limestone walls and natural wood details add warmth and texture, creating a one-of-a-kind environment that’s both professional and welcoming. Full of character, light, and energy, this suite is ideal for businesses looking to impress clients and inspire teams. A truly special place to work—beautiful, functional, and unforgettable.

Space Size Space Use Condition Available
1st Fl-Ste 1E 4,200 SF Office Full Build-Out Now
2nd Fl-Ste 2W 1,246 SF Office Full Build-Out Now

1st Fl-Ste 1E

Size
4,200 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 2W

Size
1,246 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 1E

Size 4,200 SF
Space Use Office
Condition Full Build-Out
Available Now

Riverfront Office with Soaring Ceilings, Historic Charm & Inspiring Views! Welcome to a one-of-a-kind office space that blends historic character with modern function. Set within a beautifully preserved building overlooking the Fox River, this suite features a dramatic two-story central space with a vaulted ceiling and oversized windows that flood the room with natural light and frame stunning river views. The main level includes two private offices and direct access to a peaceful courtyard—an ideal spot for coffee breaks or creative brainstorming. A striking open mezzanine level overlooks the central space and offers several private offices, two bathrooms, a kitchenette, and a flexible open conference area perfect for meetings or collaborative work. Throughout the space, you'll find rich mahogany wood, exposed limestone walls, and architectural details that give this office its warm, inviting character. Whether you're hosting clients or seeking a daily workspace that energizes and inspires, this is the kind of place that turns heads—and feels good to work in. A space that sparks creativity, impresses clients, and makes coming to work a joy!

2nd Fl-Ste 2W

Size 1,246 SF
Space Use Office
Condition Full Build-Out
Available Now

This beautifully unique office suite offers a rare blend of open-concept functionality and rich architectural detail. Located in a historic limestone building, the space features soaring ceilings, exposed beams, and walls of oversized windows that fill the suite with natural light. The layout includes a spacious open work area, perfect for collaborative teams or creative setups, along with a dedicated conference room, kitchenette, and private bathroom. The exposed limestone walls and natural wood details add warmth and texture, creating a one-of-a-kind environment that’s both professional and welcoming. Full of character, light, and energy, this suite is ideal for businesses looking to impress clients and inspire teams. A truly special place to work—beautiful, functional, and unforgettable.

Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-22-257-008
Land Assessment
$51,959 CAD
Improvements Assessment
$281,558 CAD
Total Assessment
$333,518 CAD
Annual Taxes
$2,411 CAD ($0.16 CAD/SF)
Tax Year
2024
  • Listing ID: 27851598

  • Date on Market: 2023-02-28

  • Last Updated:

  • Address: 30 S Shumway Ave, Batavia, IL 60510

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