234 Main Street, Woodstock, IL

$299,000

Previous Next

About 234 Main Street

Mixed Use Investment Opportunity 2 Retail (lower) 2 Apartments (upper) 3,430 SF PRICE REDUCED. 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. Tenants pay gas and electric. Separately metered. Current monthly rent of $3,450/mo. ($41,400 annually). Should the lease rates be increased closer to current market rent rates, the applicable proforma supports the asking price based on an 11% CAP rate.

Features of 234 Main Street

MLS® # 12140188
Price $299,000
Bathrooms 0.00
Acres 0.00
Year Built 1890
Type Commercial Sale
Sub-Type Mixed Use
Status Price Change

Community Information

Address 234 Main Street
Area Bull Valley / Greenwood / Woodstock
City Woodstock
County McHenry
State IL
Zip Code 60098

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 429
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePremier Commercial Realty
Contact Info847-854-2300

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?