Price reduced on prime redevelopment opportunity near the historic Woodstock Square. Just under 1 acre with city parking lots on either side. City of Woodstock may add into the deal if additional parking was needed. Within the Woodstock TIF District and Enterprise Zone, plenty of incentives for the buyer/developer. Woodstock has shown to be willing to work with developers. Ideal for multi-family/retail/office or hotel development. There is currently high demand for multi-family and hotel near the Woodstock Square. The parcel currently occupies an office building, but new life is being breathed into the area and re-development is coming! Check out Woodstock Downtown Development plan for more info. Great opportunity!
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Listing History
09-04-2019
Listed at $600,000
05-22-2020
Price decreased by $51,000 to $549,000
03-03-2021
Status changed to Under Contract
04-20-2021
Status changed to Closed
04-19-2021
Sold at $150,000
Last Modified 4/20/21 4:05 PM
Nearby Transportation
Union Pacific Northwest
0.2 mi
For More Information
(312) 528-9200
For more information about 101 S Jefferson, Woodstock, IL 60098 contact Corcoran Urban Real Estate.
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Listing provided by Premier Commercial Realty
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