Listed by Keller Williams ONEChicago
$599,000
Woodstock Square Mall
Details
APN 1305360001
Property Type Mixed Use
Sub Type Mixed Use
Square Footage 26,020
Net Rentable (SqFt) 22,716
Units 18
Cap Rate 1.97%
NOI $11,800
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 99.1
Lease Expiration 05/14/2041
Remaining Term 15
Rent Bumps Yes
Lease Options 0
Price per SqFt $23
Broker Co-Op Yes
Class B
Year Built 1930
Buildings 1
Stories 2
Lot Size (SqFt) 12,724
Zoning COMMR
Investment Type Net Lease
Lease Commencement 05/15/1942
Occupancy Date 05/29/2024
Ground Lease Yes
Ownership Trust
Sale Condition For sale by owner
Long term owner selling their ground lease.
Marketing description
Woodstock Square Mall is prominently located in the heart of downtown Woodstock, immediately adjacent to the city's historic town square. Positioned at the corner of South Johnson and Jackson Streets, the property benefits from exceptional proximity to key civic, cultural, and commercial destinations, including the Woodstock Opera House, McHenry County Courthouse, City Hall, and a well-established mix of local shops, restaurants, and service providers. THIS IS PROPERTY IS ENCOMBERED WITH A GROUND LEASE VALID THRU 2032. Contact listing agent with questions.
Investment highlights
Downtown Woodstock Location.
Strong Pedestrian Activity
Flexible Commercial Uses
Established Neighborhood and Trade Area
Distinctive Historic Setting
Listing Contacts
Listed by Keller Williams ONEChicago
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$11,800.00
$983.33/mo
Valuation Metrics
0
DSCR
1.97%
Cap Rate
1.97%
ROI
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