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234 Main Street

Woodstock, IL 60098
  • $359,000
  • STATUS: Active
  • ON SITE: 179 Days
  • MLS #: 12140188
$359,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1890
County:
Area:

School Ratings & Info

Description

PRICE REDUCED. 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 $3,200/mo. ($38,400 annually). Should the lease rates be increased closer to current market rent rates, the applicable proforma supports the asking price based on an 8.71% CAP rate.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-02-11T23:58:27.23 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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234 Main Street Woodstock, IL 60098

  • Price: $359,000
  • Status: Active
  • On Site: 179 Days
  • MLS #: 12140188
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1890
Built
Neighborhood:
Mchenry
County:
Mchenry
Area:
Mchenry
Property Description
PRICE REDUCED. 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 $3,200/mo. ($38,400 annually). Should the lease rates be increased closer to current market rent rates, the applicable proforma supports the asking price based on an 8.71% CAP rate.
Exterior Features

Exterior Building Type Brick Outdoor Parking Parking-Street

Interior Features

Cooling Central Air Heat Ventilation Forced AirGas Number Of Dryers 2 Number Of Ranges 2 Number Of Washers 2

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 3430 Built Before1978 YN Yes Current Use Commercial Electric Separate Meters Fire Protection Fire Extinguisher/s Geographic Locale Northwest Suburban Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Mls Actual Status Active Number Of Tenants 4 Property Sub Type Apts/Stores Rental Price 0 Tax Annual Amount 7468 Tax Year 2023 Tenant Pays ElectricityHeat Total Monthly Income 0 Type Mixed Use Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Premier Commercial Realty: 847-854-2300.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-02-11T23:58:27.23 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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