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890 Lake Avenue, Woodstock, IL 60098
$1,500,000
890 Lake Avenue, Woodstock, IL 60098View this property at 890 Lake Avenue, Woodstock, IL 60098
890 Lake AvenueWoodstockIL60098
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Property Description
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.
Full Property Details
Full Property Details for 890 Lake Ave
General
- Price: $1,500,000
- Taxes: $23,129 (2021)
- Status: Active
- Type: Store
- MLS ID: 11898941
- Updated: 4/1/2024
- Added to Site: 209 day(s) ago
Interior
- Interior Features: Public Restroom(s), Storage Inside, Basement, Laundry Room
- Fireplace: Yes
- Number of Fireplaces: 1
- Flooring: Carpet, Vinyl, Wood
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Parking Features: 6 to 12 Spaces, Paved
Location
- Area: Bull Valley / Greenwood / Woodstock
- County: McHenry
- Township: Dorr
- Driving Directions: Route 47 W to Lake Ave, property to left
- Location Details: Northwest Suburban, In City Limits
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Sub-Flooring: Carpet, Vinyl, Wood
- Stories/Levels: 2
- Square Feet: 40,000
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 1946
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 130,244
- Lot Dimensions: 200.5 x 524 x 313 x 771
- Frontage: City Street
- Potential Use: Commercial, Retail
- Zoning: COMMR
Financial Considerations
- Lease Price: $50
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1946
- Tax Amount: $23,129.7
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 1308426006
Listed by eXp Realty, LLC
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Schools
Schools serving 890 Lake Ave
School District:Woodstock Community Unit School District 200
Rating | Name | Grades | Distance |
---|---|---|---|
600 Dean St, Woodstock, IL 60098 | 1-5 | 0.9 mi | |
3201 Hercules Rd, Woodstock, IL 60098 | 6-8 | 1.8 mi | |
501 W South St, Woodstock, IL 60098 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 890 Lake Ave
Date
Details
Price
Change
Source
12/01/2023
Price Reduced
$1,500,000
-24.81%
MLS
10/09/2023
Listed
$1,995,000
116.85%
MLS
2/09/2018
Sold
$920,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 890 Lake Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
-100%
$234,577
7%
2021
$23,130
—
$219,169
5%
2021
$23,130
6%
$208,256
5%
2019
$21,809
13%
$198,793
15%
2018
$19,281
1%
$172,980
6%
2017
$19,042
8%
$162,804
8%
2016
$17,637
-3%
$150,744
4%
2015
$18,235
1%
$145,408
2%
2014
$18,043
4%
$142,753
-2%
2013
$17,386
6%
$145,725
-2%
2012
$16,352
—
$148,109
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 890 Lake Ave
890 Lake Avenue, Woodstock, IL 60098 (MLS# 11898941) is a Store property. 890 Lake Avenue is currently listed for $1,500,000 and was received on October 09, 2023. Want to learn more about 890 Lake Avenue? Do you have questions about finding other Store real estate for sale in Woodstock? You can browse all Woodstock real estate or contact a Coldwell Banker agent to request more information.