200-202 Throop St Woodstock, IL 60098

Property Details for 200-202 Throop St

Year built

1905

Lot size

0.18 lot acres

Property type

Commercial real estate

Description

This exceptional multi-family investment opportunity is located in the heart of downtown Woodstock, Illinois. The property consists of two separate buildings, each situated on its own 0.09-acre parcel, totaling 0.18 acres. Each building houses four two-bedroom units, for a total of eight units. The buildings are architecturally consistent with the historic downtown area, offering a unique blend of charm and investment potential. All eight units are currently leased, providing immediate cash flow. Recent remodeling has been completed in several units, ensuring the property is well-maintained and attractive to tenants. Both buildings feature basements, offering additional storage space. The property's prime location is just one block from the historic Woodstock Square and a short three-block walk to the Metra train station, providing convenient access to public transportation. This turnkey investment is ready for a new owner to add to their portfolio. Note that reported rental income and expenses are based on seller-provided data and have not been independently verified. The property is being sold "as is." This presents a rare chance to acquire a piece of Woodstock's history and secure a strong, long-term investment.

Location Insight

City

Woodstock

County

McHenry

State

Illinois

Longitude

-88.4489

Latitude

42.3134