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890 Lake Avenue Woodstock, IL 60098

$895,000
Active / MLS# 12101724 / Commercial - Retail / Woodstock
0 Beds
40000 SqFt

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

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Baird & Warner Jeffrey Schwartz Email

Property Details

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 2.99 Acres
Stories: 2.0
Taxes: $25,857
Year Built: 1946

Feature Descriptions

Current Use: Commercial
Electric: Circuit Breakers
Fire Protection: Fire Extinguisher/s
Flooring: Carpet, Vinyl, Wood
Frontage Type: City Street
HVAC: Forced Air, Gas
Location: In City Limits
Lot Dimensions: 200.5 X 524 X 313 X 771
Miscellaneous Indoor: Public Restroom/s, Storage Inside, Basement, Laundry Room
Parcel#: 1308426006
Parking: 6-12 Spaces, Paved
Potential Use: Commercial, Retail
Tenant Pays: Air Conditioning, Electricity, Heat
Units: 2

Location

See details and scored characteristics about this location.

Listing Office: eXp Realty

Listing Office Phone: 815-528-5000



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