890 Lake Avenue

Woodstock, IL 60098

$999,999
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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
  1. Listed by Amber Foley • eXp Realty, LLC
  2. Listed by Arturo Flores • eXp Realty, LLC

Property Details for 890 Lake Avenue

Area
Bull Valley / Greenwood / Woodstock
Township
Dorr
Num of Interior Fireplaces
1
Zoning
COMMR
LISTING UPDATED: 10/31/2024 09:31 AM

Property Details for 890 Lake Avenue

StatusActive
MLS #12101724
Days on Market143
Taxes$25,857 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1946
Lot Size2.99 AC / 130,244 SF
CountyMcHenry County

Building Information for 890 Lake Avenue

Stories2Residences2Year Built1946Lot Size2.99 AC / 130,244 SF

Property Information for 890 Lake Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
  • Outdoor Parking: 6-12 Spaces,Paved
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Northwest Suburban
  • Information: Short Notice OK,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Flooring: Carpet, Vinyl, Wood
  • # Of Washers: 1
  • Heat/Ventilation: Forced Air,Gas
  • # Of Refrigerators: 2
  • Misc Inside: Public Restroom/s,Storage Inside,Basement,Laundry Room
  • # Of Dryers: 1
  • # Of Disposals: 1
  • # Of Dishwashers: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 200.5 X 524 X 313 X 771
  • Lot Size Square Feet: 130244.0
  • Stories: 2
  • Fire Protection: Fire Extinguisher/s
  • Building Area Total: 40000
  • # Of Offices: 0
  • Retail SqFt: 27520
  • # Of Ranges: 2
  • # Of Stores: 1
  • Property Sub Type: Apts/Stores
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Retail
  • Public Document Count: 0
  • Photos Count: 80
Miscellaneous
  • Current Use: Commercial
  • Location: In City Limits
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Known Encumbrances: First Mortgage
  • Total Monthly Income: 0
  • Net Operating Income: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 890 Lake Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 890 Lake Avenue

Taxable ValueLand$67,448Additions$196,873Total$264,321
Tax Record2023$25,857 ($2,155 / month)
Home Facts
Total Finished SqFt27,520 SqFtAbove Grade Finished SqFt27,520 SqFtStories2Lot Size130,244 SqFtStyleMiscellaneous CommercialYear Built1946CountyMCHENRYAPN13-08-426-006

Schools near 890 Lake Avenue

This home is within Woodstock Community Unit School District 200.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 5 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Dean Street Elementary School
PublicPK to 5

Creekside Middle School
Public5 to 8

Woodstock High School
Public9 to 12

Clay Academy
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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890 Lake Avenue is a mixed use property for sale in Woodstock, IL 60098. This property was listed for sale on July 3, 2024 by eXp Realty, LLC, it's currently listed at $999,999. It has been on the market for a total of 143 days and was last sold on February 9, 2018. This listing's school district is Woodstock Community Unit School District 200. Nearby schools include Dean Street Elementary School, Creekside Middle School and Woodstock High School. 890 Lake Avenue is a 0-bed, 0-bath, mixed use property built in 1946.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/31/2024 09:31 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.