Property Address: 221 W Main St, St. Charles, IL, 60174-1811
Average square foot calculated using Size range provided by listing agent.
Description
This 117-year-old building has been meticulously updated to meet modern building codes and tenant expectations. The comprehensive 2022 renovation addressed all critical building systems, effectively resetting the property's lifecycle and minimizing near-term capital expenditure requirements. The outdoor deck space adds desirable amenity value that commands premium rents in downtown commercial markets. The recent $150, 000+ capital investment in building systems represents a significant value-add completed by the current ownership. These improvements not only ensure tenant comfort and safety but also dramatically reduce the risk profile for prospective buyers. All work was performed to current commercial building codes, and the new sprinkler and fire alarm systems provide insurance advantages and enhanced tenant appeal. The building now offers the charm of historic architecture with the reliability and safety of new construction.