Courtesy: RE/MAX Showcase
847-596-6100
Stately brick and concrete office building located right in the heart of downtown Fox Lake on Grand Avenue in front of the village hall, across from a shopping center and walking distance to the commuter train. Priced far less than assessed value, last appraisal, and replacement cost. Includes two lots with potential to build another building. Approximately a half acre of land with over 30 parking spots. Newer boiler and water heater. Currently occupied by a law firm and a state representative. Taxes were reduced by $2,000 last year. Great opportunity for either an owner/ user or an investor! It is possible to add residential above the office space as well.
Courtesy: Compass
847-306-6158
Excellent location in the central business district, this property comes with the prime opportunity to utilize the existing large warehouse building or develop the land for a new commercial use. Located next to the PUD for entertainment development as well as the new Culver's and Ben Watt's Marina. Potential for TIFF district. Prior use was an automotive repair shop and showroom. There are three rooms for repairs with two story ceilings and 5 large Drive in Doors. Multiple hanging heaters, high level shop lighting, and floor drain still in place. Lifts and all other equipment have been removed. There is one large showroom in front and multiple offices behind. Ideal location for auto repair, boat repair, redevelopment use for restaurant, retail, or dispensary. Owner will consider financing. Phase 2 Environmental has been recently completed and came back clean. All measurements approximate and to be verified by buyer and buyer's agent.
Courtesy: Compass
847-306-6158
SELLER FINANCING AVAILABLE! Located in the Fox Lake downtown area, this fantastic opportunity to own a pool hall and bar with both a liquor and package license has presented itself. Property is 7,880 sf with one of the largest patio dining spaces in Fox Lake. Current owner has updated with new rolled rubber roof on pool hall (3 years), new siding (2022), new tankless water heater (3 years), new bathrooms (4 years), and new patio (3 years). The kitchen equipment has been updated with new prep cooler, new ice machine, and 2 new freezers. The interior houses two bars, one in the pool hall and the other in the dining room, with a separate gaming area alongside the main bar. The business has a full service food license, liquor license, gaming license, and packaged liquor license. Multiple revenue streams for this property include: Video Gaming, Food Sales, Liquor Sales, Packaged Liquor Sales, Owned ATM, and owned Pool Tables. All trade fixtures are included. Business is still in operation, confidential do not contact employees.
Fox Lake is located in Illinois. Fox Lake, Illinois has a population of 10,762. Fox Lake is less family-centric than the surrounding county with 18.7% of the households containing married families with children. The county average for households married with children is 38.63%.
The median household income in Fox Lake, Illinois is $57,702. The median household income for the surrounding county is $82,613 compared to the national median of $57,652. The median age of people living in Fox Lake is 44.4 years.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 35.9 inches per year, with 43.8 inches of snow per year.
