975 Lake AveWoodstock, IL 60098

  • Industrial properties
  • 2.63 AC
For Lease
$0.57/SF/YR View listing

Property Details for 975 Lake Ave

Lot size
2.63 AC
Property type
Industrial properties
Property subtype
Other industrial properties
APN
13-09-302-001
APU
1309302001

Description

This exceptional 2.63-acre commercial land parcel, located at 975 Lake Ave & Route 47 in McHenry County (APN 13-09-302-001), presents a unique leasing opportunity. Zoned B2, this single-tenant property boasts a total area of 114,563 square feet and offers unparalleled visibility due to its strategic location on high-traffic Route 47, experiencing 13,600 vehicles per day, and Lake Avenue, with 6,700 vehicles per day. The property is currently vacant and ready for immediate development. Ideal for businesses seeking high exposure and convenient access. A minimum one-year lease is required. The monthly gross lease rate is $5,450. This is a rare chance to establish a presence in a thriving commercial area with significant daily traffic volume. Don't miss this opportunity to secure a prime location for your business. Serious inquiries only. Contact us to schedule a site visit and discuss your business needs.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $23,677,182
    Hospitality
    $21,688,170
    Educational
    $18,044,304
    Medical
    $18,664,874
    Retail
    $28,068,916
975 Lake Ave, Woodstock, Illinois
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Location Insight

City
Woodstock
County
Mchenry
State
Illinois
Latitude
42.3045
Longitude
-88.4329
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
$6,218
$56,407
-
$56,407
-
$169,221
-
$169,221

FAQs

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