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Sara Latta-Young

saralattayoung@gmail.com +1(815) 685-5090

$ 699,900

Est. payment | -/mo

3,085 SqFt

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$ 699,900

Est. payment | -/mo

Save

3,085 SqFt

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

Listed by Shawn Strach of Dream Real Estate, Inc.

NEARBY PROPERTIES

+1(815) 685-5090

saralattayoung@gmail.com

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27 E Grand AVE Fox Lake, IL 60020