Listing provided courtesy of eXp RealtyMREDas Distributed by MLSGrid- MLS# 12101724MLS Provider

890 Lake AvenueWoodstock, IL 60098

Commercial · 40,000 Sq. ft.
$895,000 Active

890 Lake Avenue Overview

Time on Site:
727 days
Visits:
16

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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890 Lake Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 40,000
  • Price/Sq.ft. $22

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1946

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: McHenry
  • MLS Area Major: Bull Valley / Greenwood / Woodstock
  • Township: Dorr

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat, All Utilities, Trash Collection

Tax Information

  • Tax Annual Amount: $25,857.30
  • Tax Year: 2023

General Information

  • Parcel Number: 1308426006
  • Possible Use: Commercial,Retail
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Information

  • Retail SqFt.: 27520

Building Interior

  • Building Area Total: 40000

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Fireplaces Total: 1
  • Flooring: Carpet, Vinyl, Wood
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 200.5 X 524 X 313 X 771
  • Lot Size Square Feet: 130244

General Information

  • Number Of Units Total: 2

890 Lake Avenue Neighborhood

Community

60098 (Woodstock) Demographics

40
Median Age
309
Population Density (per sq. mile)
40%
College Educated
$74,120
Estimated Median Income
8,571
Estimated Total Home Owners
3,800
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

890 Lake Avenue Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

890 Lake Avenue Market Data

Based on the last 30 days in this zip code

$904,383
Average List Price
$295
Average Price per Square Foot
38
Properties Sold
69
Average Days on Market
110
Properties for Sale
Calculations provided by Reliance Network

890 Lake Avenue History

Date Event Value Agent
4/30/2025Source: MRED Status Change
Active
4/25/2025Source: MRED Price Reduction
$895,000 -10.5%
4/25/2025Source: MRED Status Change
Price Change
9/21/2024Source: MRED Status Change
Active
9/16/2024Source: MRED Price Reduction
$999,999 -16.7%
9/16/2024Source: MRED Status Change
Price Change
7/8/2024Source: MRED Status Change
Active
7/3/2024Source: MRED Added to Database
July 03, 2024