NEW! Buy and sell safely with virtual options - Learn More
About the Listing 5051 - 54140
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.
Listing Highlights for 27 E Grand Ave
Interior Details
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air,Gas
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 115x125x77x132
- Zoning: COMMR
- Roof: Composition,Fiberglass
- Others:
- Sewer:
- Parking Features: 6-12 Spaces
Financial Details
- Tax Amount: $15,579
- Taxes w/Assessments: N/A
- Tax/Property ID: 05092170020000
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
27 E Grand Ave Fox Lake, IL 60020
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
