REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 895,000

Est. payment -/mo

Save

Active

890 Lake AVE Woodstock, IL 60098

40,000 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 40,000 sqft

Price per Sqft $22

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 Sub-Type Mixed Use

Property Description

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

Location

State IL

County Mchenry

Area Bull Valley / Greenwood / Woodstock

Zoning COMMR

Interior

Cooling Central Air

Flooring Carpet, Vinyl, Wood

Fireplaces Number 1

Fireplace Y

Building

Dwelling Type Mixed Use

Listed by Amber Foley of eXp Realty

Nearby School & Business

AFFORDABILITY CALCULATOR

Use this calculator to determine how much house you can afford. By entering details about your income, down payment, and monthly debts, you can estimate the mortgage amount that works with your budget.

You can afford a home up to: $0

Your debt-to-income ratio is 36%
Quite affordable.

View Affordable Properties

Payment Breakdown：

$0 Month

Get more info from a local expert!

MY BLOGS

Vacant Land Scams are REAL

About 6 months ago, I received an email from (let’s call him) Charlie. A “nothing out of the ordinary” email from a common (and mildly validating) charlie…..@hotmail stating: “I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slow

less is more, unless, it’s for less.

I hated looking for matching socks. Every day, my job required me to remove shoes at nearly every doorstep, and matching my socks was a daily frustration. Each day, I’d get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL 60005, USA