Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lucas Rd Woodstock, IL 60098
    Back to Search
    Property profile & analytics

    Lucas Rd Woodstock, IL 60098

    View on Map
    • Land
    • 69.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Lucas Rd

    Lot size
    69.00 lot acres
    Property type
    Land

    Description

    Exceptional opportunity to acquire 69 acres of versatile land in McHenry County, Illinois. This property, located on Lucas Road in Woodstock (zip code 60098), boasts a convenient location between Woodstock and Crystal Lake, offering easy access to town amenities while maintaining a secluded feel. The land is zoned A1 and features a mix of wooded areas and open space, ideal for hunting and various outdoor recreational activities. Utilities are available on-site. Two parcel identification numbers (PINs) are associated with this property: 13-28-200-003-0021 and 13-28-400-001-0021. The 2020 property taxes, payable in 2021, were $370.50. This rare opportunity presents a chance to create a personal outdoor oasis, perfect for hunting, sporting activities, or simply enjoying the tranquility of nature. The seller is motivated and open to offers. This is a unique chance to own a substantial recreational property close to urban conveniences. Serious inquiries are encouraged. The sale price is subject to offer.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Woodstock
    County
    McHenry
    State
    Illinois
    Longitude
    -88.4115
    Latitude
    42.2671

    Comparable in this City

    • Value Estimation by Request
      38.00 Acres

      Rte 14 & Doty Rd

      Land • 38.00 Acres
      0 Rte 14 & Doty Rd, Woodstock, IL 60098
      View Details
    • Value Estimation by Request
      11.25 Acres

      1 Mcconnell Rd

      Land • 11.25 Acres
      1 Mcconnell Rd, Woodstock, IL 60098
      View Details
    • Value Estimation by Request
      10.00 Acres

      000 Valley Hill Rd

      Land • 10.00 Acres
      000 Valley Hill Rd, Bull Valley, IL 60098
      View Details
    • Value Estimation by Request
      2.97 Acres

      Il-120

      Land • 2.97 Acres
      0 Il-120, Woodstock, IL 60098
      View Details
    • Value Estimation by Request
      24.00 Acres

      14 Rose Farm Rd

      Land • 24.00 Acres
      14 Rose Farm Rd, Woodstock, IL 60098
      View Details
    • Value Estimation by Request
      1.84 Acres

      7 Galaxy Way

      Land • 1.84 Acres
      7 Galaxy Way, Woodstock, IL 60098
      View Details

    Similar Nearby for Sale

    • $295,000

      Land For Sale Woodstock

      Land available in Woodstock, Illinois.
      9999 Calhoun St, Woodstock, IL 60098
      View Details
    • $300,000
      10.40 Acres

      Woodstock, IL Land For Sale

      10.4 acre land parcel available in Woodstock, Illinois.
      Lake Shore Dr, Woodstock, IL 60098
      View Details
    • $495,000
      5,280 SF

      ceiling heater and triple basin floor drains)and a 600 Sq Ft temperature controlled work space that includes a 1\/2 bath.............The 1

      980 Sq Ft 2nd floor includes a large open space
      1206 Rail Dr, Woodstock, IL 60098
      View Details
    • $699,000

      Woodstock Multifamily Investment Opportunity

      Seven-unit apartment building, strong cash flow.
      216 Jefferson St, Woodstock, IL 60098
      View Details
    • $2,180,000
      31,400 SF

      11910 Catalpa Ln, Woodstock, IL 60098

      Commercial real estate • 31,400 SF
      11910 Catalpa Ln, Woodstock, IL 60098
      View Details

    Similar Nearby for Lease

    • $0.57 SF/Yr

      Commercial Land Parcel For Lease

      2.63 acre commercial land parcel for lease on Route 47.
      975 Lake Ave, Woodstock, IL 60098
      View Details
    • Contact for pricing
      8 SF

      Former Bank Building For Lease

      4,043 SF former bank building available for lease.
      IL-47 & Country Clb Rd, Woodstock, IL 60098
      View Details
    • $11 SF/Yr
      2,100 SF

      Warehouse Space on Route 47

      2,100 SF warehouse with heavy power and high ceilings.
      2300-2310 S Eastwood Dr, Woodstock, IL 60098
      View Details
    • Contact for pricing

      Woodstock Square Mall Office Space

      Functional 400sf office/retail space in prime Woodstock location.
      110 S Johnson St, Woodstock, IL 60098
      View Details
    • Contact for pricing

      Historic Freestanding Building in Woodstock

      Prime location near the square with parking and central air.
      129 E South St, Woodstock, IL 60098
      View Details
    • $13 SF/Yr
      40,000 SF

      Eastwood Shopping Center Retail Opportunity

      Up to 40,000 SF available in Woodstock shopping center.
      410-460 S Eastwood Dr, Woodstock, IL 60098
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Lucas Rd
    Woodstock, IL 60098
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Lucas Rd, Woodstock, IL, 60098
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!