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890 Lake Avenue

Woodstock, IL 60098
  • $999,999
  • STATUS: Active
  • ON SITE: 217 Days
  • MLS #: 12101724
UPDATED: 38 min ago
$999,999
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1946
County:
Area:

School Ratings & Info

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

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-06T07:57:43.897 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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890 Lake Avenue Woodstock, IL 60098

  • Price: $999,999
  • Status: Active
  • On Site: 217 Days
  • Updated: 38 min ago
  • MLS #: 12101724
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1946
Built
Neighborhood:
Mchenry
County:
Mchenry
Area:
Mchenry
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
Exterior Features

Frontage Type City Street Outdoor Parking 6-12 SpacesPaved

Interior Features

Cooling Central Air Fireplaces Total 1 Flooring CarpetVinylWood Heat Ventilation Forced AirGas Miscellaneous Inside Public Restroom/sStorage InsideBasementLaundry Room Number Of Dishwashers 1 Number Of Dryers 1 Number Of Ranges 2 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 40000 Built Before1978 YN Yes Current Use Commercial Electric Circuit Breakers Fire Protection Fire Extinguisher/s Geographic Locale Northwest Suburban Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Location In City Limits Mls Actual Status Active Net Operating Income 0 Ownership Types Limited Liability Corp Possible Use CommercialRetail Property Sub Type Apts/Stores Rental Price 1 Seller Needs Cash Tax Annual Amount 25857.3 Tax Year 2023 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 0 Township Dorr Type Mixed Use Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of eXp Realty, LLC: 815-528-5000.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-06T07:57:43.897 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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