Redevelopment Land in Woodstock

Overview

  • Land For Sale
  • 101 South Jefferson Street, Woodstock, IL 60098.
  • Price: $600,000
  • 35,413 sq. ft.

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Highlights

  • .813 Acre
  • Just East of the Square!
  • TIF District and Enterprise Zone

Prime redevelopment opportunity near the historic Woodstock Square. This piece is just under 1 acre and has city parking lots on either side that Woodstock might put into the deal if additional parking was added. The parcel lies within the Woodstock TIF District and Enterprise Zone, so there are plenty of incentives for the buyer/developer. Perfect for a multi-family / retail/ office or hotel development. There are feasibility studies that show great demand for multi-family and hotel near the Square. Woodstock has shown to be willing to work with a developer and give nice incentives. Adjacent 1.13 acre parcel at 200 E. Judd is also for sale and is ripe for someone wanting to do a project on both locations. The space is currently an office building known as the Pioneer Center, but new life is being breathed into Woodstock and the development is coming! Great opportunity to leave a legacy and make money near the Square. Check out Woodstock Downtown Development plan for more info.

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