890 Lake Avenue $1,995,000

    Close

    890 Lake Avenue Woodstock, IL 60098

    • Commercial
    • MLS# 11640498
    Favorite Share
    Views: 13 Days On Site: 69

    Go Tour This Listing

    Schedule A Showing

    Property Details

    Amazing opportunity to own this unique antique shopping mall sitting on 2.99 acres. Conveniently located in the beautiful city of Woodstock, minutes from the bustling historic Woodstock Square and just down the street from Rt. 47 and Rt. 14. Just 14 miles from highway I-90. Turn key business opportunity! Well established since 1998 with record success. Sale includes the real estate which features approx. 40,000 sq ft of space. The space is divided into the main store, workshop, studio, loading dock, storage, a house and so much more! The house is breathtaking, you will have to see it to believe it. Massive custom built home with a historic touch featuring 4,075 sq ft of space. Beautiful kitchen hand crafted with distinctive cabinets and counter tops and everything about it. You'll be amazed with the butler's room, the formal dining room, the great room and 2 master suites each with a full bathroom and sitting room. So much more. The business includes over $500,000 worth of assets and inventory. The mall is broken up into rented spaces for vendors, which brings in additional revenue. Hundreds of shoppers on a monthly basis. If you ever wanted to start a business, this is your opportunity. With this property, the potential is unlimited. Great location for future development or bring your own business ideas.

    • General Features
      • Additional Parcels Y/N No
      • Area Bull Valley / Greenwood / Woodstock
      • County Or Parish Mc Henry
      • Electric Expense 0
      • Fuel Expense 0
      • Gross Income 0
      • Gross Scheduled Income 0
      • Net Operating Income 0
      • Number Of Units Total 2
      • Operating Expense1 0
      • Property Sub Type Apts/Stores
      • Tax Annual Amount 23129.7
      • Tax Year 2021
      • Township Dorr
      • Year Built 1946
      • Zoning COMMR
    • Building Features
      • Building Area Total 40000
      • Cooling Central Air
      • Electric Circuit Breakers
      • Fireplaces Total 1
      • Flooring Carpet,Vinyl,Wood
      • Stories 2
    • Property Features
      • Lot Size Dimensions 200.5 X 524 X 313 X 771
      • Lot Size Square Feet 130244
      • Parcel Number 1308426006
      • Parking Total 12

    Contact

    Neighborhood

    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
    32,599 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $245,000 Median Sales Price
    37 Homes Sold
    0 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,995,000
        10/4/2022 12:17:51 AM Status Changed Source: Multiple Listing Service New Value: Active
        9/28/2022 3:48:00 PM New in Database Source: Multiple Listing Service New Value: $1,995,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 3.5% 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.
        The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Chicago are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. © 2022 Midwest Real Estate Data LLC. All rights reserved. Information Deemed Reliable but Not Guaranteed. Listing information from this property search 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. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Based on information submitted to the MRED as of 12/6/2022 10:50:28 PM. 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.
        The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.
        The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.