Courtesy: Realty World Tiffany R.E.
847-395-1010
Great Investment building for the Investor or Owner occupant. Four unit building with great exposure right on Highway 12 in Fox Lake. Two side by side commercial units on the main level and an efficiency apartment unit. One side is leased out by a Barber that has been there for 4 years and would like to stay. Second unit is currently vacant, has been totally remodeled, and ready to lease @$1500.00/mo or become owner occupied. Second unit has access to around 440 Sq' Ft of finished office or storage space in Basement. The efficiency apartment in rear of building on the main level is one big room, bedroom area, kitchen area, and a bathroom. The second floor has a large living room open to the Kitchen, 2 bedrooms, 1 full bath, and a walk out roof top patio. The full basement is clean and has the mechanicals and lots of storage space. This building has been well maintained, sits on 2 lots (.34 acres), and has parking for around 25 cars. The current tenents are all on a month to month lease. Contact agent for showings.
Courtesy: Hearth & Home Real Estate LLC
312-315-8315
Discover a rare and time-sensitive opportunity to own a beautifully maintained 5-unit lakefront property on the serene shores of Nippersink Lake, part of the Chain O'Lakes in northern Illinois. Whether you're seeking a turn-key investment, a multi-family getaway, or the perfect blend of both, properties like this rarely come to market and offer exceptional long-term potential. Currently operating as short-term rentals under a special use permit from Lake County, this lakefront gem features five units, each with a private entrance and open-concept layout, modern kitchens, and updated baths. Three spacious 2-bedroom units are ideal for year-round living or high-performing premium rentals, while two charming 1-bedroom units provide cozy weekend retreats with warm interiors, rustic charm, and contemporary finishes. Offered fully furnished, this is a true plug-and-play investment. Outdoor seating areas invite guests to relax and enjoy panoramic lake views, while boating, fishing, and watersports are just a few doors away. Just up the road, the brand-new Lakefront Park - Fox Lake opens Memorial Day weekend and features an ADA-compliant pier and boardwalk, pickleball courts, splash pads, a sand beach, and fishing access. The park will also host Friday Night Live Concerts beginning June 6, 2025, adding even more appeal for residents and guests alike. Located minutes from downtown Fox Lake, shopping, dining, and the Metra station, this property offers the perfect balance of tranquility and convenience. With strong rental demand and an unbeatable lakefront setting, this is a smart investment in a highly sought-after community-one you won't want to miss. Property is being offered as-is, where is.
Courtesy: Keller Williams North Shore West
847-383-6600
Rare mixed-use property located directly on high-traffic Route 12 in the heart of the Chain O' Lakes. This highly visible investment and business opportunity offers private pier access, strong daily traffic counts, and exceptional signage exposure, making it ideal for both local and seasonal traffic-all while featuring a spacious 3-bedroom, 1.5-bath second-floor residence. The main level showcases a large, remodeled commercial space, formerly the well-known Marine Grill, with excellent street presence and the potential for outdoor patio seating overlooking Pistakee Lake. Above the commercial space is a generously sized 3-bedroom, 1.5-bath apartment, perfect for an owner-operator, employee housing, or additional rental income. The property includes a private pier on Pistakee Lake, providing direct access to the Chain O' Lakes waterway system-a major draw for boating, dining, and recreational traffic. A dual pylon sign, shared with Bauske Boat Basin, offers outstanding visibility from Route 12, Nippersink Lake, and Pistakee Lake, maximizing brand exposure to both vehicle and boat traffic. Additional highlights include a 2-car garage, municipal water and sewer, and flexibility for a variety of potential uses. Permitted uses may include restaurant, professional office, boat or auto sales, bait and marine retail, or electronic gaming (with Village approval where required) . The property truly offers exceptional versatility and upside. A rare opportunity in the Chain O' Lakes area with built-in Route 12 exposure, strong tourism traffic, and mixed-use income potential-ideal for investors, entrepreneurs, and business owners seeking a high-traffic waterfront location. Property is being sold as-is.
Courtesy: Lakes Realty Group
224-225-1139
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. 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 redevelopment into a retail space with the incredible visibility on HWY 12. Owner will consider financing. Phase 2 Environmental has been completed and came back clean. All measurements approximate and to be verified by buyer and buyer's agent.
Courtesy: Kathcon Real Estate Services
847-812-3023
Solid building with a high visibility location. B3 zoning allows all B2 permitted uses in addition to B3 uses. Especially great building for service enterprises such as exterminators, lawn fertilizer services, restoration services. More than enough indoor parking for service vehicles (38' x 35') plus another garage area 15' x 52' for additional parking or rental. Broker is a general contractor who will divide/rehab property to your needs at reasonable cost. Contact listing agent for examples of new facade alternatives to make your company's new facility really stand out!
Courtesy: Realty World Tiffany R.E.
847-395-1010
Great Investment building for the Investor or Owner occupant. Four unit building with great exposure right on Highway 12 in Fox Lake. Two side by side commercial units on the main level and an efficiency apartment unit. One side is leased out by a Barber that has been there for 4 years and would like to stay. Second unit is currently vacant, has been totally remodeled, and ready to lease by new owner or become owner occupied. Second unit has access to around 440 Sq' Ft of finished office or storage space in Basement. The efficiency apartment in rear of building on the main level is one big room, bedroom area, kitchen area, and a bathroom. The second floor has a large living room open to the Kitchen, 2 bedrooms, 1 full bath, and a walk out roof top patio. The full basement is clean and has the mechanicals and lots of storage space. This building has been well maintained, sits on 2 lots (.34 acres), and has parking for around 25 cars. The current tenents are all on a month to month lease. Contact agent for showings.
Fox Lake is located in Illinois. Fox Lake, Illinois has a population of 10,945. Fox Lake is less family-centric than the surrounding county with 23.62% of the households containing married families with children. The county average for households married with children is 36.27%.
The median household income in Fox Lake, Illinois is $64,221. The median household income for the surrounding county is $97,127 compared to the national median of $69,021. The median age of people living in Fox Lake is 46.2 years.
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 13.5 degrees. The average rainfall is approximately 36.1 inches per year, with 40.1 inches of snow per year.
