Woodstock, IL 60098,234 Main ST
Woodstock, IL 60098,234 Main ST
Woodstock, IL 60098,234 Main ST
Woodstock, IL 60098,234 Main ST
Woodstock, IL 60098,234 Main ST
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$ 389,000
Est. payment | /mo

3,430 SqFt


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$ 389,000
Est. payment | /mo
Save

3,430 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,430 sqft

Price per Sqft $113

MLS Listing ID 12140188

Year Built 1890

Annual Tax Amount $7,468

Tax Year 2023

Lot Dimensions 2613

Property Description

Mixed Use Investment Opportunity 2 Retail (lower) 2 Apartments (upper) 3,430 SF Unique 4-unit fully leased investment property in downtown Woodstock. 2 retail units on lower level 1,098 SF and 792 SF and 2 apartments (with separate street entrances) on the 2nd floor 748 SF and 792 SF. Washer and dryer in each apartment. The property has frontage on both Main Street and N. Benton Street just one block from the famous Woodstock Square. All units are occupied with month to month leases at below market lease rates. (see rent roll). Tenants pay gas and electric. Separately metered. Current monthly rent of $2,900/mo. ($34,800 annually). Should the lease rates be increased closer to current market rent rates, the applicable proforma supports the asking price based on an 8.25% CAP rate.

Location

State IL

County Mchenry

Area Bull Valley / Greenwood / Woodstock

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Mixed Use

Level or Stories 2

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
Listed by Michael Deacon • Premier Commercial Realty

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Sarah Leonard

Broker | Owner

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234 Main ST