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234 Main Street, Woodstock, IL 60098
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$299,000
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Home Details for 234 Main Street
Price
$299,000
Type
Commercial/Industrial
Year Build
1890
Sq. Ft.
3430
County
McHenry
Tax
$7,778
MLS®️ Listing#
12140188
On exitrealty.com
525 days
Property Description
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 Courtesy: Premier Commercial Realty - 847-854-2300
Last Updated: 2025-12-30 05:30:51
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