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About the Listing 37217 - 370669
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.
Listing Highlights for 234 Main St
Status
Active
Days on Site
396
Property Type
Commercial Sale
MLS ®
12140188
Year Built
1890
Total Square Footage
3,430
Lot/Acreage
0.06
County
McHenry
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air,Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 2613
- Zoning: COMMR
- Roof:
- Others:
- Sewer:
- Parking Features: Parking-Street
Financial Details
- Tax Amount: $7,778
- Taxes w/Assessments: N/A
- Tax/Property ID: 1305376002
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
234 Main St Woodstock, IL 60098
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