11910 Catalpa LnWoodstock, IL 60098

  • Other commercial real estate
  • 0.23 AC
For Sale
$1,950,000 View listing

Property Details for 11910 Catalpa Ln

Lot size
0.23 AC
Property type
Other 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.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,070,666
    Hospitality
    $1,896,719
    Educational
    $1,578,048
    Medical
    $1,632,319
    Retail
    $2,454,741
11910 Catalpa Ln, Woodstock, Illinois
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Location Insight

City
Woodstock
County
Mchenry
State
Illinois
Latitude
42.2951
Longitude
-88.4301
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$11,701
$5,331
$120,201
$125,532
-
$15,993
$360,603
$376,596

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