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241 Oswald Ave - Fox Valley Business Park

5,628 SF Light Industrial Unit Offered at £492,349 in Batavia, IL 60510

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INVESTMENT HIGHLIGHTS

4 miles to Interstate 88 access
Less than 1 mile from the City of Batavia

3.5 miles to dining & shopping at the Chicago Premium Outlets

EXECUTIVE SUMMARY

Fox Valley Business Park (“FVBP”) is a multi-unit condominium building that offers an ideal setting for businesses seeking convenience and connectivity. The park currently features six single-story buildings, with vacant lots available for future development. FVBP is centrally situated in Kane County and nestled in Batavia, a vibrant community home to over 300 diverse manufacturing, research, and warehousing firms. Offering low real estate taxes, a diverse labor pool, and a pro-business municipality, FVBP is strategically located just north of IL Route 56, ~4 miles south of IL Route 38, and ~4 miles north of Interstate 88.

PROPERTY FACTS

Price	£492,349	Building Class	B
Unit Size	5,628 SF	Number of Floors	1
No. Units	1	Typical Floor Size	24,000 SF
Total Building Size	24,000 SF	Year Built	1991
Property Type	Flex (Unit)	Lot Size	1.13 AC
Sale Type	Owner User	Parking Ratio	1.58/1,000 SF

Price	£492,349
Unit Size	5,628 SF
No. Units	1
Total Building Size	24,000 SF
Property Type	Flex (Unit)
Sale Type	Owner User
Building Class	B
Number of Floors	1
Typical Floor Size	24,000 SF
Year Built	1991
Lot Size	1.13 AC
Parking Ratio	1.58/1,000 SF

1 UNIT AVAILABLE

Unit 241

Unit Size	5,628 SF	Sale Type	Owner User
Price	£492,349	No. Parking Spaces	38
Price Per SF	£87.48	APN/Parcel ID	12-27-278-016
Unit Use	Light Industrial

Unit Size	5,628 SF
Price	£492,349
Price Per SF	£87.48
Unit Use	Light Industrial
Sale Type	Owner User
No. Parking Spaces	38
APN/Parcel ID	12-27-278-016

DESCRIPTION

- One conference room/kitchen
- Three private restrooms
- Two shared loading docks
- 14' overhead, (common area), 7', 6" (unit door to loading docks)
- HVAC: Unit 1 - 7 1/2 ton Daikin, 2016, Unit 2 - 4 ton Daikin, 2016
- ROOF: 50-mil reinforced PVC roof with a 20-year warranty installed March 2023, along with new gutters, downspouts, flashing, and roof penetrations.

SALE NOTES

- Less than cost of leasing
- Stability (insulated against market conditions)
- Build equity
- Tax advantages
Association fees include;(a) Building property, liability and umbrella insurance coverage (b) building exterior maintenance including exterior masonry, roof and water drainage items (c) exterior sidewalks, parking area and driveways (d) exterior landscaping, grass mowing and snow plowing (e) Fox Valley Business Park Owners Association dues and (f) reserves.