2400 Lake Shore DrWoodstock, IL 60098

Property Details for 2400 Lake Shore Dr

Year built

2006

Property size (Sq ft)

2,207 SF

Property type

Office properties

Property subtype

Other office properties

APN

13-22-106-005

APU

1322106005

Description

This exceptional 17,600 square foot retail property, built in 2006, is ideally situated at the highly visible intersection of Lake Shore Drive and Route 14 in McHenry County, boasting over 15,000 vehicles per day. Currently, 4,500 square feet are available, previously occupied by a craft brewery restaurant, featuring a commercial hood system and prominent monument signage. This space offers excellent visibility and accessibility, with ample parking (98 spaces) for customers and employees. The zoning is B3, allowing for versatile uses. The property's APN is 13-22-106-001. The available space is adaptable and can be divided into two units: a 2,130 square foot space and a 2,370 square foot space, offering flexibility for various business needs. The building has a 400-amp power supply. This location presents a unique opportunity for businesses seeking high traffic exposure and a well-established space. Detailed floor plans are available upon request. Don't miss this chance to establish your business in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $398,500

  6.5%

  $367,846

  7%

  $341,571

• Comparable approach

  Method

  Valuation

  Relative Method

  $224,062

  Geo Method

  $287,462

• Alternative Use

  Use

  Valuation

  Residential

  $456,129

  Hospitality

  $417,812

  Educational

  $347,615

  Medical

  $359,570

  Retail

  $540,734

Location Insight

City

Woodstock

County

Mchenry

State

Illinois

Latitude

42.2821

Longitude

-88.4089

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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