Woodstock Industrial Investment
11910 Catalpa Ln Woodstock, IL 60098
11910 Catalpa Ln, Woodstock, IL, 60098
Contact for pricing
For Sale
Contact for pricing
Four buildings and a communications tower for sale.
Property Size31,400 SF
Price / SF$62.10
Days on Market1351
Property Features for 11910 Catalpa Ln
General Information
- Standard status
- Active
- Size
- 31,400 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1980
Listing agency
Berkshire Hathaway HomeServices Starck Real Estate
(815) 338-7111
Listed by
Clancy Green · License #WI 53324-90
Source
Crexi
Added: Nov 8, 2022 Updated: Jul 6 at 8:34AM Checked: Jul 21 at 9:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Starck Real Estate
Investment Insights
Based on property information with market context.
This commercial/industrial property features four buildings and a communications tower, presenting a potential investment opportunity. All buildings are currently leased. Building 4, encompassing 8,000 square feet, is leased to a national tenant until 2025. The communications tower is leased until 2025, with potential extensions available until 2065. The property includes drive-in doors on all buildings, and two buildings are equipped with recessed loading docks. Electrical power ranges from 200 AMP to 1200 AMP service. The property is located on the south side of Woodstock and offers access to Highway 14 and Route 47. The property size is 31,400 square feet. This is a value-add opportunity for a long-term investment.
Key Highlights
- Multiple buildings (4) and a communications tower provide diverse income streams.
- Existing leases in place, including a national tenant and a communications tower lease extending to 2025 with potential extensions to 2065, offer immediate income.
- Building 4 (8,000 S/F) is leased to a national tenant until 2025.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $203.5k | $6.48 |
| − Vacancy | −$10.4k | −$0.33 |
| EGI | $193.1k | $6.15 |
| − OpEx | −$57.9k | −$1.84 |
| NOI | $135.2k | $4.30 |
31,400 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.93M
$1.69M – $2.25M
NOI $135,166 @ 7.0% cap · market cap 6.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.84M
$9.49M – $12.65M
NOI $758,869 @ 7.0% cap · market cap 38.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
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FAQs
What type of property is this?
Industrial property - Four buildings and a communications tower for sale.
Where is this industrial property located?
The property is located at 11910 Catalpa Ln Woodstock, IL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Multiple buildings (4) and a communications tower provide diverse income streams.; Existing leases in place, including a national tenant and a communications tower lease extending to 2025 with potential extensions to 2065, offer immediate income.; Building 4 (8,000 S/F) is leased to a national tenant until 2025.