234 Main Street Woodstock, IL $ 389,000
234 Main Street
$ 389,000
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234 Main Street

Woodstock, IL, 60098
$ 389,000
Baths0.0 Sq 3,430

Monthly Estimate*

$ 2,330

234 Main Street, Woodstock, IL 60098 - Image 1
234 Main Street, Woodstock, IL 60098 - Image 2
234 Main Street, Woodstock, IL 60098 - Image 3
234 Main Street, Woodstock, IL 60098 - Image 4
234 Main Street, Woodstock, IL 60098 - Image 5
Studio

Commercial Property for sale in Woodstock, IL

for $389,000. This 3,430 square foot building was built in 1890 on a lot size of 0.059986.

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.

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Commercial Active

Price

$ 389,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,468

Style

Commercial

Lot Size

0.059986

Year Built

1890

Town/City

Woodstock

County/Region

McHenry

MLS | Web ID

12140188

Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Brick
Year Built 1890
Electric Separate Meters
Tenant Pays Electricity Heat
Stories 2
Property SubType Apts/Stores
Tax Year 2023
Current Use Commercial
Gross Income 0
County McHenry
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions one block north of Woodstock Square
City Woodstock
NumberOfUnitsTotal 4
MLS Area Bull Valley / Greenwood / Woodstock
Lot Size Square Feet 2613
Tax Annual Amount 7468
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 8
Standard Status Active
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Exterior
Building Area Total 3430
Lot Dimensions 2613
Exterior Brick
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* Excluded Features
List By
Premier Commercial Realty

Broker

mdeacon15@gmail.com

Email

Affordability Calculator

$2,952
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,330
Monthly Property Taxes
$622
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/16/2024$389,000 Listed Price

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234 Main Street, Woodstock, IL, 60098 is a Commercial Property for sale at $389,000 with 3,430 sqft and a lot size of 0.059986. 234 Main Street is a studio with 0.0 baths and was built in 1890. The property's zip code is 60098 which is in Woodstock, IL