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216 Jefferson St Woodstock, IL 60098

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For Sale
$699,000

Seven-unit apartment building, strong cash flow.

Property Features for 216 Jefferson St

General Information

Property type
Other commercial real estate

Building Details

Year Built
1912

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Listing Contact
Tyler Lewke
Tyler Lewke

Listing Agency: Keller Williams Success Realty Listing Agent: Tyler Lewke

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional seven-unit apartment building presents a compelling investment opportunity in the heart of Woodstock, Illinois. Located just blocks from the historic Woodstock Town Square and conveniently close to the Metra station, this property boasts a highly desirable location ensuring consistent occupancy. The building features a mix of four spacious two-bedroom units and three one-bedroom units, all within a competitive rental range. A significant advantage is that tenants are responsible for their own heating costs, minimizing operational expenses for the owner. The property's vintage charm adds to its appeal, attracting a strong tenant pool. Woodstock's Town Square is experiencing substantial public and private investment, promising significant future growth in property value. This translates to increased rental income and a robust return on investment. Currently priced to yield a 7% capitalization rate, any future appreciation represents pure profit potential. This is a rare chance to acquire a well-maintained, cash-flowing multifamily property in a thriving and rapidly appreciating area. The building's prime location and desirable unit mix make it an ideal investment for both seasoned and new investors seeking strong returns. Don't miss this chance to secure a piece of Woodstock's vibrant future.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Woodstock
County
McHenry
State
Illinois
Longitude
-88.44635
Latitude
42.31325

FAQs

What type of property is this?
Commercial real estate - Seven-unit apartment building, strong cash flow.
Where is this commercial real estate located?
The property is located at 216 Jefferson St Woodstock, IL.
What is the asking price?
The asking price for this property is $699,000.
More about this property
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