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602 N Madison ST Woodstock, IL 60098
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Key Details
Sold Price $325,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12016606
Sold Date 05/01/24
Bedrooms 5
Annual Tax Amount $5,512
Tax Year 2022
Lot Size 10,018 Sqft
Lot Dimensions 76X131
Property Sub-Type Two to Four Units
Property Description
4 unit building set on a quiet, residential block, within walking distance of Train Station and Woodstock Downtown area. Great rental location. Corner lot with plenty of room for on-site parking. Three 1BR and one 2BR unit, fully rented, with over 10% CAP RATE. Some updating and TLC would be necessary to generate even higher gains. Perfect opportunity for a savvy investor seeking consistent returns or a live-in owner looking for a supplemental income.
Location
State IL
County Mchenry
Area Bull Valley / Greenwood / Woodstock
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Clay Elementary School
Middle Schools Olson Elementary School
High Schools Woodstock High School
School District 200 , 200, 200
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Magdalena Niewinski • Exit Realty Redefined