Off-Market Two-Flat in Batavia, IL Comp Request
Long story short my husband and I are meeting with a couple after church tomorrow who are entering retirement and starting to sell off their portfolio (multi-families / single-families in Batavia, Geneva, St. Charles area). They’re in-laws of a work colleague.
Anywho, we’re looking to make an offer on one of their 2-flat properties in Batavia and are trying to run comps on it before we meet with them tomorrow.
Wanted to check in to see if anyone with access to the MLS would be willing to run this through for us? Since this is would be an off-market deal, we're trying not to bring realtors in, but of course would be willing to compensate anyone for their time!
Here is the property listing: https://www.zillow.com/homedetails/3-S-Lincoln-St-Batavia-IL...
Current owners are asking $400k.
Most Popular Reply
A good person to connect with might be @Michael J Scanlon... I know he works our in the Chicago suburbs from time to time. My partner @Account Closed might be willing to help you out as well.
$200k a unit most definitely seems quite steep....what would you get in rent for each unit?
Generally, speaking I love the area of Batavia...I am actually from Elgin which is just a few cities down.
- Jonathan Klemm
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