Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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