11910 Catalpa Ln Woodstock, IL 60098
- Commercial real estate
- 0.23 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 11910 Catalpa Ln
- Lot size
- 0.23 lot acres
- Property type
- Commercial real estate
- APN
- 13-16-101-044
- APU
- 1316101044
Description
This exceptional value-add industrial investment opportunity in Woodstock, IL, presents a portfolio of four buildings totaling 31,400 square feet on a 4.15-acre lot. Currently 100% occupied by five tenants, including Fastenal, Royal Coil, Aircraft Deicing, INC, and MBI, the property boasts a diverse tenant mix with leases generating a $62.10/sq ft price. Built in 1980, the single-story buildings feature a mix of drive-in doors and two recessed loading docks, catering to diverse operational needs. Electrical service ranges from 200 to 1200 AMP. The property benefits from convenient access to Highway 14 and Route 47. A significant asset is a communications tower with a lease extending to 2025, with potential extensions until 2065. Building 4, an 8,000 sq ft space, is leased to a national tenant until 2025. The property is zoned I-1 & B-3 and includes 60 parking spaces. This is a rare opportunity for a long-term, high-return investment. The asking price is $1,950,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Woodstock
- County
- Mchenry
- State
- Illinois
- Longitude
- -88.4301
- Latitude
- 42.2951
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA