50 N Lake Avenue new Save Request In-Person Tour Request Virtual Tour
Fox Lake,IL 60020
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12429978
Style Cottage
Bedrooms 7
Year Built 1943
Annual Tax Amount $13,294
Tax Year 2023
Lot Size 10,454 Sqft
Lot Dimensions 40X250
Property Sub-Type Two to Four Units
Property Description
Rare opportunity to own 40 feet of prime lake frontage on beautiful Mineola Bay in Fox Lake! This multi-unit property includes four separate cabins-three are currently leased, and one is vacant and ready for immediate occupancy. Whether you're looking for rental income to help offset costs or dreaming of a lakeside family compound where everyone has their own private space, this property delivers. Boaters will love the convenience of docking right outside-no need to trailer your boat home. Recent updates throughout, including full renovations of two front units in 2021 and 2022, plus updates to a third unit in 2014. Properties like this are few and far between on the Chain of Lakes-come take a look and explore the possibilities!
Location
State IL
County Lake
Community Dock,Water Rights,Sidewalks,Street Paved
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas,Forced Air
Fireplace N
Exterior
Exterior Feature Dock
View Y/N true
Roof Type Asphalt
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Vinyl Siding,Steel Siding
New Construction false
Schools
Elementary Schools Stanton School
High Schools Grant Community High School
School District 114,114,124
Others
Ownership Fee Simple
Special Listing Condition None