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$ 999,999
Est. payment /mo
Active
890 Lake Avenue Woodstock, IL 60098
40,000 SqFt
UPDATED:
10/31/2024 02:31 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 40,000 sqft
Price per Sqft $24
MLS Listing ID 12101724
Year Built 1946
Annual Tax Amount $25,857
Tax Year 2023
Lot Dimensions 200.5 X 524 X 313 X 771
Property Description
FOR A Mere $999,999 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 . . . $1,200,000 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
Location
State IL
County Mchenry
Zoning COMMR
Interior
Cooling Central Air
Flooring Carpet, Vinyl, Wood
Fireplaces Number 1
Fireplace Y
Exterior
View Y/N true
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Amber Foley • eXp Realty, LLC