O'Neil Property Group
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$699,900
6 Days On Site

27 E Grand Avenue
Fox Lake, IL 60020

For Sale|Business|Active
0
Beds
0
Total Baths
3,085
SqFt
$227
/SqFt
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of Dream Real Estate, Inc.
27 E Grand Avenue27 E Grand Avenue27 E Grand Avenue27 E Grand Avenue
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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.

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Listing Snapshot
Price 
$699,900
Days On Site 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,085 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
12763879
Status 
Active
Property Tax 
$15,578.6
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayStatus changed to Active
6 days agoListing first seen on site
General Features
Additional Property Use 
Commercial
Property Sub Type 
Business
SqFt Total 
3085
Zoning 
COMMR
Interior Features
Cooling 
Central Air
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Exterior Features
Construction Details 
Stone
Roof 
CompositionFiberglass
Community Features
MLS Area 
Fox Lake
Listing Courtesy of MRED as distributed by MLS Grid of Dream Real Estate, Inc.



Based on information submitted to the MLS GRID as of 2026-09-25 06:39 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-25 06:39 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

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