Woodstock, IL 60098 890 Lake Avenue
$895,000



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Presented By: eXp Realty
Home Details
FOR A Mere $895,000 you can take this property minus the current operating business and assets, and turn it into YOUR DREAM BUSINESS(with a stipulation allowing time to vacate renters and liquidate assets) OR A Steal of a DEAL . . . $995,000 gets you a 40,000 sq. ft. multi-layer facility on 3 acres in historic Woodstock, just off Rt. 47, which includes 29,000 sq. ft. of retail space (2 levels), 2000 sq. ft. of lower level storage, 500 sq. ft. attached "semi-size" garage providing easy access to lower level, a 2,000 sq. ft workshop, 2,000 sq. ft. music studio and storage area with an attached "extended" two car garage, a 1,000 sq. ft office with kitchen, bathroom and showroom or meeting-room space with separate entrance and attached oversized two car garage. Upstairs you will find an amazing custom-built home, constructed in 1998 featuring 3,500 sq. ft. It includes two kitchens, a great room with fireplace and tons of windows looking out at the lake, game room, library, bar/office, laundry room/bath, master suite with sitting room, mother- in-law suite with sitting room and living room. The home was architect designed with quarter sawn oak features throughout that were salvaged out of old Chicago mansions. Many improvements to structure in last 6 years. Sq. footage estimated. In addition, this deal includes: An operating antique business with 60 vendors renting space and established clientele Business assets/inventory included, valued at $250,000+ and the possibility of Owner "rent back" of some space during the first year, adding the potential of an additional $72,000 of income Trained staff willing to stay on with new owner *seller is motivated, bring all offers
Presented By: eXp Realty
Interior Features for 890 Lake Avenue
Other Interior Features
FlooringCarpet, Vinyl, Wood
Total Fireplaces1
General for 890 Lake Avenue
Additional Parcels Y/NNo
CityWoodstock
CoolingCentral Air
CountyMcHenry
Current UseCommercial
DirectionsRoute 47 W to Lake Ave, property to left
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income
Insurance Expense
Lot Size Square Feet130244
MLS AreaBull Valley / Greenwood / Woodstock
Net Operating Income
Number Of Units Total2
Possible UseCommercial, Retail
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount25857.3
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat, All Utilities, Trash Collection
TownshipDorr
Trash Expense0
Water Sewer Expense0
Year Built1946
ZoningCOMMR
Exterior for 890 Lake Avenue
Building Area Total40000
Frontage TypeCity Street
Lot Dimensions200.5 X 524 X 313 X 771
Additional Details
Price History

SQFT • 40,000