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    975 Lake Ave Woodstock, IL 60098

    Sponsored
    For Lease
    $0.57 SF/Yr

    High-traffic Route 47 location, lease only.

    Lot size:
    114,563 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.63-acre commercial land parcel, located at 975 Lake Ave & Route 47 in McHenry County (APN 13-09-302-001), presents a unique leasing opportunity. Zoned B2, this single-tenant property boasts a total area of 114,563 square feet and offers unparalleled visibility due to its strategic location on high-traffic Route 47, experiencing 13,600 vehicles per day, and Lake Avenue, with 6,700 vehicles per day. The property is currently vacant and ready for immediate development. Ideal for businesses seeking high exposure and convenient access. A minimum one-year lease is required. The monthly gross lease rate is $5,450. This is a rare chance to establish a presence in a thriving commercial area with significant daily traffic volume. Don't miss this opportunity to secure a prime location for your business. Serious inquiries only. Contact us to schedule a site visit and discuss your business needs.

    Property Features for 975 Lake Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    114,563 SF

    Unit(s) available at that property

    Space
    Size
    114,563 SF
    Rate per SF
    $0.57

    HighLights

    • 2.63‑acre commercial land parcel available for lease.
    • Located on high‑traffic Route 47 (13,600 VPD) and Lake Ave (6,700 VPD).
    • B2 Zoning.
    • Minimum one‑year lease required at $5,450/month gross.
    • APN: 13‑09‑302‑001, McHenry County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodstock
    County
    McHenry
    State
    Illinois
    Longitude
    -88.432788
    Latitude
    42.304395

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    FAQs

    What type of property is this?
    Land - High-traffic Route 47 location, lease only.
    Where is this land located?
    The property is located at 975 Lake Ave Woodstock, IL.
    What is the lease rate?
    The lease rate is $0.57 SF/Yr.
    What are key features of this property?
    This property features: 2.63-acre commercial land parcel available for lease.; Located on high-traffic Route 47 (13,600 VPD) and Lake Ave (6,700 VPD).; B2 Zoning.
    Request Owner's contact information
    975 Lake Ave 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
    975 Lake Ave Woodstock, IL 60098
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