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    808 Eastwood Dr Woodstock, IL 60098

    Sponsored
    For Sale
    $1,350,000

    Woodstock, IL development site - 1.39 acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.39-acre commercial land parcel presents a remarkable investment opportunity in Woodstock, Illinois' thriving retail district. Strategically located on Route 47 (Eastwood Drive), this property boasts a highly desirable B-5 (Shopping Center District) zoning designation, opening doors to a wide array of development possibilities. The site's prime location ensures high visibility and accessibility, placing it within close proximity to a robust concentration of established businesses. Neighboring tenants include major retailers such as Jewel-Osco, Chase Bank, Aldi, Office Depot, Walmart, Walgreens, and Panera Bread, creating a strong and established commercial environment. This translates to significant foot traffic and consumer spending, making this land ideal for a variety of commercial ventures. The asking price for this exceptional property is $1,350,000. The address is 808 S Eastwood Dr, Woodstock, IL 60098, situated in McHenry County. This is a rare opportunity to acquire a highly sought-after commercial land parcel in a rapidly growing area with excellent potential for significant return on investment. The property's location offers unparalleled access to major roadways and a dense population base, ensuring strong potential for future growth and profitability. Don't miss this chance to secure a prime piece of commercial real estate in a vibrant and successful retail corridor.

    Property Features for 808 Eastwood Dr

    General Information

    Property type
    Land

    HighLights

    • 1.39‑acre commercial land parcel in Woodstock, IL's retail district.
    • Located on Route 47 (Eastwood Drive) with B‑5 zoning.
    • High visibility and accessibility, near Jewel‑Osco, Chase Bank, Aldi, and other major retailers.
    • Asking price: $1,350,000.
    • Address: 808 S Eastwood Dr, Woodstock, IL 60098 (McHenry County).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -88.4319175
    Latitude
    42.3075927

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    FAQs

    What type of property is this?
    Land - Woodstock, IL development site - 1.39 acres
    Where is this land located?
    The property is located at 808 Eastwood Dr Woodstock, IL.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: 1.39-acre commercial land parcel in Woodstock, IL's retail district.; Located on Route 47 (Eastwood Drive) with B-5 zoning.; High visibility and accessibility, near Jewel-Osco, Chase Bank, Aldi, and other major retailers.
    Request Owner's contact information
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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
    808 Eastwood Dr Woodstock, IL 60098
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