Homes for sale - 216 S Jefferson ST, Woodstock, IL 60098

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$699,000

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216 S Jefferson ST Woodstock, IL 60098

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

UPDATED:

11/21/2024 06:06 AM

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12198220

Year Built 1912

Annual Tax Amount $13,238

Tax Year 2023

Lot Dimensions 57 X 94

Property Description

Tremendous opportunity to own a seven unit apartment building with gorgeous vintage features and very strong cash flow in a location that's just blocks from the historic and picturesque Woodstock Town Square. This building is always easy to rent due to its convenience to the center of town and easy access to the Metra stop. The unit mix of (4) large two bedroom units and (3) one bedroom units fall within a very desirable rental range. Plus the tenants pay their own heat! The Woodstock Town Square area is undergoing major public and private investment and the desirability of living in this location will grow dramatically over the next few years, greatly boosting its future value from both a rental and investment standpoint. This building is already attractively priced at a 7 CAP, so that all of the growth over the next few years will be pure gravy.

Location

State IL

County Mchenry

Area Bull Valley / Greenwood / Woodstock

Zoning OTHER

Interior

Cooling None

Fireplace N

Exterior

Roof Type Membrane

Building

Dwelling Type Multi Family 5+

Level or Stories 2

Structure Type Brick

Listed by Tyler Lewke • Keller Williams Success Realty

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106