Sold
1199 S Eastwood Drive
Woodstock IL, 60098
$722,500
$299.42 per sqft
Sold
2,413 sqft
Commercial
Built in 1999
Courtesy of Blue Chip Commercial Real Estate
Prime hard corner location for sale in the City of Woodstock, IL. Existing Marathon Gas Station with 2,413 SF convenience store situated on 0.77 acres at the hard NEC of Route 47 (Eastwood Drive) & Lake Avenue. Considered to be one of the busiest intersections in Woodstock with over 22,000 VPD. Property is being sold based on Real Estate Value (not business value). Ideal location for existing gas station/convenience store operators, retailers, restaurants, or developers looking for commercial redevelopment opportunities. Current building dimensions of 26' x 92' work well for many retail/fast food prototypes. Stoplight Controlled Intersection with full access on both Route 47 and Lake Avenue. Potential to acquire adjacent property (1.33 acres) for up to 2.10 acres redevelopment. The subject site is located in a TIF District with various economic incentives available. A long term ground lease/lease may be considered with strong credit tenants.
11409055
MLSⓇ ID
May 18, 2022
Listed
March 28, 2024
Updated
Map
1199 S Eastwood Drive
Woodstock IL, 60098
Interior Features
Total Stories
1
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.77 Acres
Other Property Details
Area Name
Bull Valley / Greenwood / Woodstock
Taxes
$24,493
Tax Frequency
Annually
Days on Market
422
Garage
No
View
No
County
Mc Henry
Pool
No
Courtesy of Blue Chip Commercial Real Estate, Timothy Billimack,
Listing Contact: 815-355-0196
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Data last updated 4:18 AM UTC, 3/28/2024