216 South Jefferson Street

Woodstock, IL 60098

$699,000
Price
11
Beds
7
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Tremendous opportunity to own a seven unit apartment building with gorgeous vintage features and very strong cash flow in a location that's just blocks from the historic and picturesque Woodstock Town Square. This building is always easy to rent due to its convenience to the center of town and easy access to the Metra stop. The unit mix of (4) large two bedroom units and (3) one bedroom units fall within a very desirable rental range. Plus the tenants pay their own heat! The Woodstock Town Square...Tremendous opportunity to own a seven unit apartment building with gorgeous vintage features and very strong cash flow in a location that's just blocks from the historic and picturesque Woodstock Town Square. This building is always easy to rent due to its convenience to the center of town and easy access to the Metra stop. The unit mix of (4) large two bedroom units and (3) one bedroom units fall within a very desirable rental range. Plus the tenants pay their own heat! The Woodstock Town Square area is undergoing major public and private investment and the desirability of living in this location will grow dramatically over the next few years, greatly boosting its future value from both a rental and investment standpoint. This building is already attractively priced at a 7 CAP, so that all of the growth over the next few years will be pure gravy.
  1. Listed by Tyler Lewke • Keller Williams Success Realty
  2. Listed by Annette Dunn • Keller Williams Success Realty

Property Details for 216 South Jefferson Street

Area
Bull Valley / Greenwood / Woodstock
Township
Dorr
Zoning
OTHER
LISTING UPDATED: 12/11/2024 03:04 PM

Property Details for 216 South Jefferson Street

StatusContingent
MLS #12198220
Days on Market38
Taxes$13,238 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1912
Lot Size0.11 AC / 4,900 SF
CountyMcHenry County

Building Information for 216 South Jefferson Street

Stories2Residences7Year Built1912Building Size-Lot Size0.11 AC / 4,900 SF

Property Information for 216 South Jefferson Street

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • # Of Washers: 2
  • Basement Description: Finished, Bathroom Rough-In
  • Heat/Ventilation: Forced Air,Gas,Separate Per Unit
  • # Of Refrigerators: 7
  • Washer/Dryer Lsd: No
  • Misc Inside: Laundry Room
  • # Of Dryers: 2
  • # Of Disposals: 2
  • # Of Dishwashers: 2
  • Num of Baths: 7.0
Exterior Features
  • Misc Outside: Balcony/ies
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 57 X 94
  • Lot Size Square Feet: 4900.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Membrane
  • Roof Structure: Flat
  • # Of Ranges: 7
  • MRD_UNC: No
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 1
  • Document Date: 2024-10-31T16:45:51
  • Photos Count: 22
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $83,400.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Total Annual Expense Source: Owner Projection
  • Janitor Expense: 0
  • Total Monthly Income: 6825
  • Net Operating Income: $48,425.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 3
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 216 South Jefferson Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 216 South Jefferson Street

Taxable ValueLand$7,529Additions$127,802Total$135,331
Tax Record2023$13,239 ($1,103 / month)
Home Facts
Beds9Total Finished SqFt4,663 SqFtAbove Grade Finished SqFt4,663 SqFtStories2Lot Size5,227 SqFtStyleSingle Family ResidenceYear Built1912CountyMCHENRYAPN13-05-382-009

Schools near 216 South Jefferson Street

This home is within Woodstock Community Unit School District 200.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 5 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Olson Elementary School
PublicK to 5

Creekside Middle School
Public5 to 8

Woodstock High School
Public9 to 12

Clay Academy
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams Success Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 12/11/2024 03:04 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.