1199 South Eastwood Drive DriveWoodstock, IL 60098Price: $969,000

  • Price: $969,000
  • 256 Days on Market
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Federal 30-year interest rate: 6.13% last updated on Jan 26, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 2,413Square Feet
  • 1999Year Built

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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.

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Listed by Timothy Billimack of Blue Chip Commercial Real Estate,LLC

Based on information submitted to MRED  as of January 29, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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