Property photo 1
0 Beds
3,085 sqft

$699,900

27 E Grand Avenue, Fox Lake IL, 60020

Price per sqft$226.87
Property size3,085 sqft
Property typeCommercial
Listed by Shawn Strach with Dream Real Estate, Inc. 815-790-0833

Overview

Active

Listed Sep 18, 2026

Updated 2 days ago

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.

Additional information

MLS® ID
12763879

Interior Features

Bedrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.27 Acres

Other Property Details

Taxes
$15,579
Tax Frequency
Annually
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Listed by Shawn Strach with Dream Real Estate, Inc. 815-790-0833

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Data is refreshed every 3 hours. Listing last updated 3:13 AM UTC on 9/25/2026. 

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