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$ 699,900
Est. payment /mo
Active
27 E Grand AVE Fox Lake, IL 60020
3,085 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Active
Purchase Type For Sale
Square Footage 3,085 sqft
Price per Sqft $226
MLS Listing ID 12763879
Annual Tax Amount $15,578
Tax Year 2025
Lot Dimensions 115x125x77x132
Property Sub-Type Bus / Bus w/Real Est
Property Description
Opportunity to acquire an established small business together with the commercial real estate it operates from, offered as a single transaction. Located in a growing downtown business district in the Chicago-area exurbs (Lake County, IL), this bakery operation combines a fully-equipped, ready-to-operate business on the ground floor with additional income-producing space above - giving a buyer multiple ways to generate return from one purchase. The business conveys with all major equipment and inventory included, and the physical space has been recently renovated and is in excellent, move-in-ready condition. The 3,085 square foot building sits in an active business development district where the local municipality is developing additional incentive programs for businesses in the area. This established bakery has been operating continuously for over one year with an established customer base and documented revenue history. The current absentee owner structure demonstrates the business can operate with proper management systems in place. Key Investment Highlights: * Established bakery operation with proven customer base * Commercial real estate included in sale (3,085 sq ft building) * Recently renovated facility in excellent condition * All major equipment and inventory included * Additional income-producing space above main operation * Located in growing downtown business district * Municipal incentive programs available for area businesses * Absentee owner operation demonstrates systematic management * Chicago-area location in Lake County provides strong market access The property offers dual income streams through both the established bakery business and rental income potential from the upper level space. The combination of real estate ownership and business operations provides both operational control and long-term asset appreciation potential.
Location
State IL
County Lake
Area Fox Lake
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Roof Type Composition,Fiberglass
Building
Dwelling Type Bus / Bus w/Real Est
Structure Type Stone,Wood

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Shawn Strach of Dream Real Estate, Inc.
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