Lot 34 Savanna Lane

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Lot 34 Savanna Lane

Woodstock, IL 60098
Asking Price
Contact for price
Asset Type
Single Family Rental Portfolio Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel consists of 0.25 acres of residential land.
  • Property is situated in the city of Woodstock, Illinois.
  • Asset category is specifically for single-family rental portfolio development.
  • Located at 42.3018, -88.4389 within the 60098 zip code.
  • Investment potential exists in constructing suburban residential housing units.

What's Special

Developing a single-family residence on this 0.25-acre parcel provides an entry point into the Woodstock real estate market. The site is positioned within a established Illinois community, a growing suburban market characterized by its steady residential demand and accessibility within the broader Chicago metro area. This land asset suits investors or builders looking to expand their single-family rental portfolio by constructing units tailored to local housing needs. The zoning and size of the lot allow for manageable project scaling while benefiting from the surrounding infrastructure of McHenry County. Investors targeting long-term asset appreciation will find this location appropriate for residential development projects aimed at tenants or future homeowners seeking proximity to the regional job centers and community amenities found throughout Woodstock. The plot offers a straightforward footprint for architectural planning and site preparation, facilitating a streamlined construction process for residential investors looking to diversify their holdings in this specific submarket.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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