Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    129 E South St Woodstock, IL 60098

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Woodstock, IL

    Type:Office
    Days on Market:
    123
    Last Refresh:
    Feb 1 at 3:06 am

    Property Features for 129 E South St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Zoning
    OFFIC

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1952
    Floors in Building
    1

    We can help!

    Listing Contact
    Ellen Ritsos
    Ellen Ritsos

    HomeSmart Connect Real Estate

    Listing agent Ellen Ritsos (847) 845-8272

    Listing date Oct 2, 2025

    MLS# 12480197

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Historic Freestanding Building in Woodstock

    This historic freestanding building for rent is located in Woodstock, Illinois. The property offers 1200 square feet of space. The layout includes a reception area, a large open space, a kitchen area, and a bath. The building features central air conditioning. A parking lot is available. The property is located within walking distance of the square. Tenant is responsible for utilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woodstock
    County
    McHenry
    State
    Illinois
    Longitude
    -88.3261145
    Latitude
    42.235452

    Nearby Similar for Lease

    • Contact for pricing

      Woodstock Square Mall Retail Space

      Retail space in high-traffic Woodstock Square Mall, 645 sqft.
      110 S Johnson St, Woodstock, IL 60098
      View Details
    • $825,000
      9,238 SF

      Freestanding Office/Retail/Warehouse Building

      9,238 SF building on 1.2 AC with frontage.
      1375 S Eastwood Dr, Woodstock, IL
      View Details
    • $16 SF/Yr
      13,915 SF

      Prime Coworking Space Available

      1,400 SF Retail/Office, High Visibility
      11609 Catalpa Ln, Woodstock, IL 60098
      View Details
    • $899 /Mo
      1,942 SF

      Renovated Salon Suites in Woodstock

      Move-in ready salon suites near Woodstock Square.
      210 N Madison St, Woodstock, IL 60098
      View Details
    • $16 SF/Yr
      1,653 SF

      Medical Office Space Available

      1,653 SF medical office space for rent.
      1660 S Eastwood Dr, Woodstock, IL
      View Details
    • Contact for pricing
      4,043 SF

      Woodstock Retail Space For Lease

      Prime Retail Space, 4,043 sq ft
      0 Woodstock Il, Woodstock, IL 60098
      View Details
    • $14 SF/Yr
      4,490 SF

      Woodstock Office Space for Lease

      Office space available in Woodstock with flexible floor plans.
      1065 Lake Ave, Woodstock, IL 60098
      View Details
    • $78 SF/Yr
      6,867 SF

      Woodstock Office Suites - Route 47

      Prime Woodstock Office Space, Flexible Options
      747 Eastwood Dr, Woodstock, IL 60098
      View Details
    • $16 SF/Yr
      25,765 SF

      Woodstock Medical Office Space

      1,653 SF Medical Office Available
      1664 Eastwood Dr, Woodstock, IL 60098
      View Details
    • $500 /Mo
      1,150 SF

      Individual Office Suites For Rent

      Professional office suites with amenities and utilities included.
      727-747 S Eastwood Dr, Woodstock, IL
      View Details
    • $1,450 /Mo
      661 SF

      Updated Move-In Ready Home

      Updated home with new appliances, ready for immediate occupancy.
      551 Leah Ln, Woodstock, IL 60098
      View Details
    • $15 SF/Yr
      1,750 SF

      Route 47 Showroom Space

      2,100 SF showroom with offices/storage in high-traffic location.
      651-681 S Eastwood Dr, Woodstock, IL
      View Details

    FAQs

    What type of property is this?
    Office space - Prime location near the square with parking and central air.
    Where is this office space located?
    The property is located at 129 E South St Woodstock, IL.
    What are key features of this property?
    This property features: - Prime location - walk to the square.; - Freestanding building.; - Features a parking lot.
    (847) 845-8272
    Request Owner's contact information
    129 E South St Woodstock, IL 60098
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    129 E South St
    Woodstock, IL 60098
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    129 E South St Woodstock, IL 60098
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ellen Ritsos
    Ellen Ritsos
    Real Estate License ID: 475144809
    (847) 845-8272
    Learn more
    Google sign-in failed. Please try again or use another login method.