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214 Raffel Rd - 8.7 Acre Development Site 0% Owner Financing 8.67 Acres of Commercial Land Offered at $399,000 in Woodstock, IL 60098
Investment Highlights
- 169 Feet of Frontage on Illinois Route 120
- 0% Interest Owner Financing Available
- High Visibility and Traffic Exposure
- 3 Contiguous Parcels
Executive Summary
0% INTEREST OWNER FINANCING AVAILABLE. 8.7 Acres Divisible. Hard Corner with Stoplight 3 Contiguous Land Parcels - 1.7 Acres on Rt 120 - 2.9 Acres on Raffel Road - 4.1 Acres on Raffel Road High Visibility with 169" of Frontage on Illinois Route 120 LAND RECENTLY CLEARED. PARCELS AVAILABLE SEPARATELY. Utilities Nearby Cell Tower has been sold (99 Yr. Lease) and is not included. Cell Tower pays $13,800 in Property Tax on the 4.1 Acre site. This equates to 69% of the Total Tax Bill. Signage Income: $2,400 per year. Total Taxes 2023: $19,995. Zoning: B3 / A1. Unincorporated. Annexation to Woodstock Optional
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $399,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 8.67 AC |
| Property Type | Land | ||
| Zoning | A1 - Agricultural district/Community shopping district | ||
| Price | $399,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 8.67 AC |
| Zoning | A1 - Agricultural district/Community shopping district |
1 Lot Available
Lot
| Price | $399,000 | Lot Size | 8.67 AC |
| Price Per AC | $46,020.76 |
| Price | $399,000 |
| Price Per AC | $46,020.76 |
| Lot Size | 8.67 AC |
0% INTEREST OWNER FINANCING AVAILABLE. 8.7 Acres Divisible. Hard Corner with Stoplight 3 Contiguous Land Parcels - 1.7 Acres on Rt 120 - 2.9 Acres on Raffel Road - 4.1 Acres on Raffel Road High Visibility with 169" of Frontage on Illinois Route 120
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Total Assessment | $260,448 (2024) | |
| Land Assessment | $148,802 (2024) | Annual Taxes | ($1) |
| Improvements Assessment | $111,646 (2024) | Tax Year | 2023 Payable 2024 |
Property Taxes
Parcel Numbers
Land Assessment
$148,802 (2024)
Improvements Assessment
$111,646 (2024)
Total Assessment
$260,448 (2024)
Annual Taxes
($1)
Tax Year
2023 Payable 2024
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214 Raffel Rd - 8.7 Acre Development Site 0% Owner Financing
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