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Property profile & analytics

823 Lk Ave Woodstock, IL 60098-4256

  • Commercial real estate
  • 3,423 SF
  • 0.92 lot acres
OFF-MARKET
Last Sale
Apr 01, 2025
$700,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-1539994
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 823 Lk Ave

Year built
1960
Construction
FRAME
Lot size
0.92 lot acres
Property size
3,423 SF
Property type
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.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Woodstock
County
Mchenry
State
Illinois
Longitude
-88.4339
Latitude
42.305
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
More about this property
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