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For Sale property id: 77994032
USD 1,099,000 Mortgage Calculator
USD 1,099,000
130 Washington Street, Woodstock, Illinois, United States
  • Completion Year
    1900

Description

Premier Downtown Woodstock Investment Opportunity - 8 Residential Units, Commercial Space, and Vacant Lot with 7% CAP Rate. A unique and lucrative investment property in the heart of downtown Woodstock, offering a rare combination of immediate rental income, significant tax incentives, and future development potential. This solid brick, multi-family and commercial building, located just off the historic Woodstock Square and steps from the Metra train station, presents a compelling 7% capitalization rate with newly signed leases in place. The property comprises eight fully occupied one-bedroom, one-bathroom residential apartments, a leased commercial print shop, and a valuable adjacent vacant lot, providing a diverse and stable income stream. Tenants enjoy the convenience of exterior parking, shared laundry facilities, and a dedicated storage area. Located in TIF district & Enterprise Zone.

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