130 Washington ST Woodstock, IL 60098

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12392519

Maintenance Fees $2,500

Year Built 1900

Annual Tax Amount $20,393

Tax Year 2024

Lot Dimensions 139X149X158X57

Property Sub-Type Multi Family 5+

Property Description

Premier Downtown Woodstock Investment Opportunity - 8 Residential Units, Commercial Space, and Vacant Lot with 7% CAP Rate. A unique and lucrative investment property in the heart of downtown Woodstock, offering a rare combination of immediate rental income, significant tax incentives, and future development potential. This solid brick, multi-family and commercial building, located just off the historic Woodstock Square and steps from the Metra train station, presents a compelling 7.20% capitalization rate with newly signed leases in place. The property comprises eight fully occupied one-bedroom, one-bathroom residential apartments, a leased commercial print shop, and a valuable adjacent vacant lot, providing a diverse and stable income stream. Tenants enjoy the convenience of exterior parking, shared laundry facilities, and a dedicated storage area. Located in TIF district & Enterprise Zone.

Location

State IL

County Mchenry

Area Bull Valley / Greenwood / Woodstock

Interior

Cooling Window Unit(s)

Fireplace N

Building

Dwelling Type Multi Family 5+

Listed by Megan Liebetrau of Berkshire Hathaway HomeServices Starck Real Estate

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106