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.
Closed
$325,000
602 N Madison St, Woodstock, IL 60098
5beds
--sqft
Multi Family
Built in ----
-- sqft lot
$375,400 Zestimate®
$--/sqft
$1,674 Estimated rent
Home value
$375,400
$353,000 - $398,000
$1,674/mo
Zestimate® history
Owner options
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List your homeWhat's special
Woodstock downtown areaCorner lotPlenty of room
Zillow last checked:
Listing updated:
Listed by:
Andrew Filipowski 773-230-2200,
RE/MAX City
Bought with:
Magdalena Niewinski
Exit Realty Redefined
Source: MRED as distributed by MLS GRID,MLS#: 12016606
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Exterior Entry,Full
Property
Parking
- Total spaces: 6
- Parking features: Driveway, On Site
- Has uncovered spaces: Yes
Lot
- Size: 10,018 Square Feet
- Dimensions: 76X131
- Features: Corner Lot
Details
- Parcel number: 1305331003
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Stone
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Woodstock
Financial & listing details
- Tax assessed value: $208,059
- Annual tax amount: $5,512
- Date on market: 3/29/2024
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2024 | Sold | $325,000+8.4% |
Source:  MRED as distributed by MLS GRID #12016606 Report a problem | ||
| 4/10/2024 | Contingent | $299,900 |
Source: MRED as distributed by MLS GRID #12016606 Report a problem | ||
| 3/29/2024 | Listed for sale | $299,900-5.8% |
Source: MRED as distributed by MLS GRID #12016606 Report a problem | ||
| 11/15/2004 | Sold | $318,500+27.4% |
Source: Public Record Report a problem | ||
| 6/17/2003 | Sold | $250,000+73% |
Source: Public Record Report a problem | ||
| 9/23/1996 | Sold | $144,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,390 +4.1% | $69,353 +10.6% |
| 2023 | $6,135 +11.3% | $62,718 +17.3% |
| 2022 | $5,512 +4.6% | $53,460 +7% |
| 2021 | $5,271 +3.4% | $49,949 +5.2% |
| 2020 | $5,099 | $47,462 +4.8% |
| 2019 | -- | $45,305 +12.3% |
| 2018 | $4,497 +1.3% | $40,344 +6.2% |
| 2017 | $4,441 +0.1% | $37,971 +8% |
| 2016 | $4,437 | $35,159 -27.8% |
| 2013 | $4,437 | $48,709 -17.4% |
| 2011 | -- | $58,974 -13.6% |
| 2010 | -- | $68,284 -5.6% |
| 2009 | -- | $72,358 |
| 2008 | -- | $72,358 +4.7% |
| 2006 | -- | $69,077 +4.5% |
| 2005 | $5,198 +3.8% | $66,121 +6.3% |
| 2004 | $5,007 +6.6% | $62,214 +7.7% |
| 2003 | $4,697 +11.7% | $57,759 +13.4% |
| 2002 | $4,206 +12.7% | $50,916 +13% |
| 2001 | $3,734 +10.5% | $45,048 +8.9% |
| 2000 | $3,380 | $41,360 |
Find assessor info on the county website
Neighborhood: 60098
Nearby homes
- $256,7003 bd2 ba1.8k sqft614 N Madison St, Woodstock, IL 60098Off Market
- $224,3003 bd1 ba1.3k sqft219 North St, Woodstock, IL 60098Off Market
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- $236,1003 bd1 ba1.7k sqft622 N Madison St, Woodstock, IL 60098Off Market
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- $236,6003 bd2 ba1.7k sqft225 North St, Woodstock, IL 60098Off Market
Nearby schools
GreatSchools rating
- NAClay AcademyGrades: PK-12Distance: 0.2 mi
- 10/10Woodstock High SchoolGrades: 9-12Distance: 0.7 mi
- NAVerda Dierzen Early Learning CenterGrades: PK-2Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Clay Elementary School
- Middle: Olson Elementary School
- High: Woodstock High School
- District: 200
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$375,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$375,400
- Illinois
- McHenry County
- Woodstock
- 60098
- 602 N Madison St
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