Office Investment In Woodstock
2452 Lake Shore Drive, Woodstock, Illinois 60098
Sold: $400,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
5,322 sqft
Land Size
0.7 acres
Sewer
City
Water
City
Zoning
M1s
Electric
100 amp
Year Built
2006
Parking
25
Construction
Brick
Property Description
Fully leased 3 unit office building being sold as an investment for $407,953. This investment has an NOI of $41,479.25 and comes to a 10.16 % CAP rate. 3 units of 1,461 SF, 1,200 SF and 2,661 SF are all fully leased. Newer brick building, well kept, low maintenance. Parking lot was just repaired and refinished. Utilities separately metered. Possible user/investor opportunity as well. Contact broker for rent roll and operating statement. Visit Premier Commercial Realty website to see more listings.
