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650 S Eastwood Drive

Woodstock, IL 60098
  • $3,500,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 11788023
UPDATED: 47 min ago
$3,500,000
  • 0
    BEDS
  • 14.64
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1969
County:

School Ratings & Info

Description

This is your opportunity to own a Trucking Terminal in the County Seat of McHenry County. This property sits on 14.66 acres and offers approximately 82,672 square feet under roof. It's divided by approximately 4,212 square feet of office space, 68,940 square feet of cold storage warehouse and dock space and 9,520 square feet of service shop and parts area space. The service shop has 4 Dive In Doors measuring 14' x 14' along with a canopied outside space. There are 63 truck docks with parking for approximately 120 total tractor trailer parking spots. The lucky buyer will have built in income. The space is currently divided with approximately 50% of the space occupied by the owner / operator and a good portion the remaining space occupied by a lessee which is also a trucking company. The lessee has about four years left on their original lease. There has been a CONSIDERABLE increase in the amount of rental income since 2022 from the rental of parking spaces for tractor trailer parking. This property Is also located in Woodstock's TIF District and Enterprise Zone if you are considering longer term planning. With direct access to Illinois Route 47 you'll find an easy path to Interstate 90 going south leading to O'Hare and the City and northwest to Rockford and beyond. Route 47 also is a relatively quick route to Wisconsin. Request your private showing today!

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-09T11:00:51.527 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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650 S Eastwood Drive Woodstock, IL 60098

  • Price: $3,500,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 47 min ago
  • MLS #: 11788023
0
Beds
0
Baths
0
½ Baths
14.64
Acres
1969
Built
Neighborhood:
Bull Valley / Greenwood / Woodstock
County:
McHenry
Area:
Bull Valley / Greenwood / Woodstock
Property Description
This is your opportunity to own a Trucking Terminal in the County Seat of McHenry County. This property sits on 14.66 acres and offers approximately 82,672 square feet under roof. It's divided by approximately 4,212 square feet of office space, 68,940 square feet of cold storage warehouse and dock space and 9,520 square feet of service shop and parts area space. The service shop has 4 Dive In Doors measuring 14' x 14' along with a canopied outside space. There are 63 truck docks with parking for approximately 120 total tractor trailer parking spots. The lucky buyer will have built in income. The space is currently divided with approximately 50% of the space occupied by the owner / operator and a good portion the remaining space occupied by a lessee which is also a trucking company. The lessee has about four years left on their original lease. There has been a CONSIDERABLE increase in the amount of rental income since 2022 from the rental of parking spaces for tractor trailer parking. This property Is also located in Woodstock's TIF District and Enterprise Zone if you are considering longer term planning. With direct access to Illinois Route 47 you'll find an easy path to Interstate 90 going south leading to O'Hare and the City and northwest to Rockford and beyond. Route 47 also is a relatively quick route to Wisconsin. Request your private showing today!
Exterior Features

Docks Common Exterior Building Type BrickOther Frontage Type City Street Outdoor Parking Over 100 Spaces

Interior Features

Cooling Central Air Flooring CarpetConcrete Heat Ventilation Ceiling UnitsCentral Bldg HeatForced AirGas Miscellaneous Inside Common Lunchroom/SOverhead Door/SPublic Restroom/SStorage Inside Number Of TLDocks 63

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 82672 Built Before1978 YN Yes Current Use Commercial Electric Circuit Breakers Fire Protection Fire Extinguisher/SHydrants On Site Geographic Locale Northwest Suburban Gross Income 0 Gross Scheduled Income 0 Leasable Area 82672 Mls Actual Status Active Net Operating Income 0 Number Of Tenants 1 Operating Expense 0 Ownership Types Limited Liability Corp Possible Use CommercialOther Property Offered For Sale Only Tax Annual Amount 39122 Tax Year 2022 Tenant Pays ElectricityHeatSewer Township Dorr Type Industrial Utilities Electric To SiteGas To SiteSanitary SewerWater-Municipal Zoning Manuf

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Baird & Warner: 815-459-1855.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2023-06-09T11:00:51.527 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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