130 Washington St Immeuble residentiel 9 lots 936 315 € (104 035 €/Lot) Taux de capitalisation 7,33 % Woodstock, IL 60098

Berkshire Hathaway Stark Realtors proudly presents the investment opportunity to acquire 130 Washington Street, a fully leased and income-generating multifamily building with an attached commercial unit and included land lot.

130 Washington Street is a 7,054-square-foot, two-story brick apartment building with eight one-bedroom/ one-bathroom units. All units are fully leased, and residents share laundry and storage areas. Attached to the apartments is a smaller commercial unit, occupied by a local printing tenant. Additionally, there is a 0.07-acre gravel land lot, currently utilized for additional parking. The lot is zoned for commercial business, enabling future value-add via development of another commercial space or paving and metered parking for additional cash flow.

The subject is situated in a premier location in the heart of Downtown Woodstock, within a TIF District and Enterprise Zone, which supports significant tax incentives and future development potential. Tenants are just a few steps from the Metra train station, providing a convenient way to access the Chicago metro, located roughly 60 miles southeast. Paired with the Metra are a variety of bus stops, both surrounding the square and lining US Highway 14, where Northwestern Medicine Woodstock Hospital is 5 miles south.

Residents of Woodstock enjoy the close-knit atmosphere of the community, which features annual and seasonal events, outdoor recreation, shopping, local arts, cuisine, and more. There are approximately 162,615 residents within a 10-mile radius, with an average household income of $111,939. The realm generates a robust consumer spending power of more than $2.1 billion.

Inquire today to learn more about this multifaceted investment with a diverse and stable income stream.