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    131 Calhoun St Woodstock, IL 60098

    For Sale
    $725,000

    6,677 SF, 7.7% Cap Rate, Fully Leased

    Property size:
    6,677 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a fully leased, Class B office building located at 131 E. Calhoun St, Woodstock, IL 60098. The property encompasses 6,677 square feet and is comprised of five individual condo suites, each with separate tax identification numbers (PINs), currently generating a net operating income (NOI) of $55,822. The building boasts upscale appointments and features central HVAC. The second floor offers an open ceiling concept and convenient elevator access. Desirable tenants occupy all suites, ensuring a stable income stream. The property's prime location is adjacent to the historic Woodstock Square, offering high visibility and accessibility. The asking price is $725,000, representing a compelling 7.7% capitalization rate. The building is currently 100% occupied under a gross lease structure. Detailed financial information, including a rent roll, is available upon request for qualified buyers. Combined 2019 property taxes totaled $24,277. This is a rare opportunity to acquire a high-performing, multi-tenant office building in a desirable location.

    Property Features for 131 Calhoun St

    General Information

    Property type
    Office space
    Square Feet
    6,677 SF
    Class
    B

    HighLights

    • Five condo suites totaling 6,677 square feet.
    • Fully leased with desirable tenants.
    • Each suite has a separate PIN.
    • Central HVAC.
    • Second floor features an elevator and open ceiling concept.
    • Upscale appointments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodstock
    County
    McHenry
    State
    Illinois
    Longitude
    -88.4461917
    Latitude
    42.3138966

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    FAQs

    What type of property is this?
    Office space - 6,677 SF, 7.7% Cap Rate, Fully Leased
    Where is this office space located?
    The property is located at 131 Calhoun St Woodstock, IL.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: Five condo suites totaling 6,677 square feet.; Fully leased with desirable tenants.; Each suite has a separate PIN.
    Request Owner's contact information
    131 Calhoun St Woodstock, IL 60098
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    Woodstock, IL 60098
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    Realmo Value Estimation

    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.

    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.

    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
    131 Calhoun St Woodstock, IL 60098
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