Light-Filled Flex
For Sale
$1,250,000
1345 S Eastwood Dr, Woodstock, IL 60098
Two-level commercial space combines showroom, private offices, bathrooms, and warehouse storage with substantial parking and delivery capacity.
Property Size21,696 SF
Price / SF$57.61
Days on Market48
Property Features for 1345 S Eastwood Dr
General Information
Standard status
Active
Size
21,696 SF
Building Details
Year Built
1955
Stories
2
Construction
bow truss
Listing Agency:
Sebastian Co. Real Estate
Listed By:
Donald Sebastian · License #475128823
(800) 462-5077
Source:
Bktchicago
Added: Sep 12
Changed: Oct 26
Last Checked: Oct 7 at 4:23PM
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 Sebastian Co. Real Estate
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Investment Insights
Based on property information with market context.
This 21,696-square-foot flex property, built in 1955, features a bright showroom with private offices and bathrooms, along with additional showroom and office space on the second floor. A bow-truss warehouse and storage area add functional industrial capacity to the building.
The property sits on a large lot that supports parking and semi-trailer deliveries. Its location on Route 47 provides a defined commercial setting for showroom, office, storage, and distribution-oriented operations.
The property sits on a large lot that supports parking and semi-trailer deliveries. Its location on Route 47 provides a defined commercial setting for showroom, office, storage, and distribution-oriented operations.
Key Highlights
- 21,696‑square‑foot flex property built in 1955
- Two‑level showroom and office configuration with private offices and bathrooms
- Bow‑truss warehouse and storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,407
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,268,140
$2.3M
Cap Rate 7%
$1,620,100
$1.6M
Cap Rate 9%
$1,260,078
$1.3M
Market Conditions
NOI Build-Up for 21,696 SF
Gross rent
$140.6K $6.48/SF
− Vacancy
−$7.2K −$0.33/SF
EGI
$133.4K $6.15/SF
− OpEx
−$20.0K −$0.92/SF
NOI
$113.4K $5.23/SF
Area
McHenry County, IL
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,268,140
Cap Rate 7%
$1,620,100
Cap Rate 9%
$1,260,078
Alternative Uses
Best Use
Retail
$2.99M
$2.62M – $3.49M
NOI $209,356 @ 7.0% cap · market cap 16.75%
Second Best
Flex RnD
$1.85M
$1.62M – $2.16M
NOI $129,536 @ 7.0% cap · market cap 10.36%
Theoretical Best
Office A
$7.49M
$6.55M – $8.74M
NOI $524,345 @ 7.0% cap · market cap 41.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
Under-served
Demand for This Use
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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 Industrial in Midwest region
Similar Off Market Nearby
- Antigua Mexican Grill (Woodstock) — 125 E Calhoun St, Woodstock, IL 60098
- Chi-Cal Katering — 240 N Throop St, Woodstock, IL 60098
Frequently Asked Questions
What type of property is this?
Flex space - Two-level commercial space combines showroom, private offices, bathrooms, and warehouse storage with substantial parking and delivery capacity.
Where is this flex space located?
The property is located at 1345 S Eastwood Dr Woodstock, IL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 21,696‑square‑foot flex property built in 1955; Two‑level showroom and office configuration with private offices and bathrooms; Bow‑truss warehouse and storage area
