823 Lake AveWoodstock, IL 60098

  • Other commercial real estate
  • 3,423 SF
For Lease

Property Details for 823 Lake Ave

Year built
1960
Construction
FRAME
Lot size
0.92 AC
Property size (Sq ft)
3,423 SF
Property type
Other commercial real estate
APN
13-08-427-003
APU
1308427003

Description

This exceptional 3,423 square foot restaurant property, located at 823 Lake Avenue in Woodstock, Illinois, presents a unique redevelopment or retail opportunity. Situated on a 1.13-acre lot in McHenry County, the single-tenant building boasts a desirable B3 zoning classification. The property features a private parking lot, providing ample space for patrons. Its strategic location on a signalized intersection along IL-47 ensures high visibility and accessibility, with over 14,500 vehicles passing daily. The prominent location allows for large pylon signage, maximizing marketing potential. The property consists of two parcels, offering the potential for outdoor seating or patio expansion, further enhancing its appeal. This prime location in Woodstock, zip code 60098, offers a strong foundation for a thriving business venture. The existing structure provides a solid base for a complete renovation or repurposing to suit a variety of retail or restaurant concepts. This is a rare opportunity to acquire a well-positioned property in a vibrant community. The substantial lot size and high traffic count make this an ideal investment for discerning entrepreneurs seeking a high-impact location. The property's existing infrastructure and zoning provide a streamlined path to development, minimizing potential delays and maximizing return on investment.

823 Lake Ave, Woodstock, Illinois
Leaflet | © OpenStreetMap contributors

Location Insight

City
Woodstock
County
Mchenry
State
Illinois
Latitude
42.305
Longitude
-88.4339
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
$16,520
$34,998
$122,859
$157,857
-
$104,994
$368,577
$473,571

FAQs

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