890 Lake Ave - Storefront Retail/Residential FOR SALE


Woodstock, IL 60098
$999,999 USD
630-379-7464
890 Lake Ave, Woodstock, IL for Sale
$999,999 USD
Storefront Retail/Residential - FOR SALE
1/66
null | Request Cap Rate

890 Lake Ave
Woodstock, IL 60098


HIGHLIGHTS

  • Existing business and steady income
  • Heavy Street traffic
  • Potential for adaptive re-use or re-development
  • Village open to re-zoning
  • Seller leaseback

OVERVIEW

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). This 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. Full business inventory (value of $300,000+) can be included for an additional $200,000.

FOR SALE DETAILS

PRICE

$999,999 USD

PRICE/SF

$36 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Warehouse, Light Distribution, Department Store

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

2.99 AC

LAND SF

130,244 SF

ZONING

COMMR

APN/PARCEL ID

13-08-426-006

ASK ABOUT THIS PROPERTY

Jake FugmaneXp RealtyMore Info
630-379-7464

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Jake FugmaneXp RealtyMore Info
630-379-7464

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.