Open-Concept Flex
For Sale
Contact for pricing
1253 Cobblestone Way, Woodstock, IL 60098
Climate-controlled unit with glass-front entry, grade-level overhead door, kitchenette, and flexible I-1 zoning.
Property Size2,000 SF
Price / SF$160
Days on Market203
Property Features for 1253 Cobblestone Way
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Retail, Office, Industrial
Zoning
M1 - Light Manufacturing
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Drive-In Doors
1
Building Details
Year Built
1987
Listing Agency:
Coldwell Banker Commercial Real Estate Group
Listed By:
John Higgins · License #IL
(815) 553-2406
Source:
Crexi
Added: Mar 26
Changed: Oct 2
Last Checked: Oct 12 at 7:00PM
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 Coldwell Banker Commercial Real Estate Group
Investment Insights
Based on property information with market context.
This 2,000 SF flex condominium combines an open interior with practical features for office, retail, service, or light industrial use. The unit includes a glass-front customer entrance, side grade-level overhead door, kitchenette, and 1/2 bath. Central air conditioning and forced-air gas heat provide year-round climate control, while the layout remains free of structural partitions.
Positioned in a business park near IL Route 47 and US Route 14, the property offers access to Woodstock’s primary commercial corridor. The location is near Woodstock Square, the Woodstock Opera House, dining, shopping, and local business amenities. I-1 Industrial zoning supports a range of professional office, service, and light industrial applications. The association manages exterior maintenance, lawn care, and snow removal. Built in 1987.
Positioned in a business park near IL Route 47 and US Route 14, the property offers access to Woodstock’s primary commercial corridor. The location is near Woodstock Square, the Woodstock Opera House, dining, shopping, and local business amenities. I-1 Industrial zoning supports a range of professional office, service, and light industrial applications. The association manages exterior maintenance, lawn care, and snow removal. Built in 1987.
Key Highlights
- 2,000 SF flex condominium with an open interior layout
- 100% open‑concept unit with one 1/2 bath and a kitchenette
- Glass‑front entrance plus side grade‑level overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,577
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,540
$551.5K
Cap Rate 7%
$393,957
$394.0K
Cap Rate 9%
$306,411
$306.4K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$49.0K $24.48/SF
− Vacancy
−$12.2K −$6.10/SF
EGI
$36.8K $18.38/SF
− OpEx
−$9.2K −$4.60/SF
NOI
$27.6K $13.79/SF
Area
McHenry County, IL
Vacancy
24.90%
Lease Rate
$24.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,540
Cap Rate 7%
$393,957
Cap Rate 9%
$306,411
Alternative Uses
Best Use
Office B
$394.0K
$344.7K – $459.6K
NOI $27,577 @ 7.0% cap · market cap 8.62%
Second Best
Flex RnD
$170.6K
$149.3K – $199.0K
NOI $11,941 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$690.5K
$604.2K – $805.6K
NOI $48,336 @ 7.0% cap · market cap 15.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 60098, IL
33,153
Population
13,310
Households
2.5
Avg Household Size
40
Median Age
33%
College-Educated
91%
High-School Grad
104.8 sq mi
ZIP Area
316
Density / Sq Mi
$92,749
Median Household Income
$42,799
Median Earnings
$1,178
Median Rent
$257,900
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Climate-controlled unit with glass-front entry, grade-level overhead door, kitchenette, and flexible I-1 zoning.
Where is this flex space located?
The property is located at 1253 Cobblestone Way Woodstock, IL.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 2,000 SF flex condominium with an open interior layout; 100% open‑concept unit with one 1/2 bath and a kitchenette; Glass‑front entrance plus side grade‑level overhead door
