Courtesy: Marcus & Millichap Chicago Apartment Brokers
312-327-5400
Well-maintained, brick 12-unit apartment building located in desirable Fox Lake. Walking distance to Downtown Fox Lake, Metra Station, and local shopping and dining options. Property is all two-bedroom units and includes two parking spaces per unit. Building features on-site laundry facility, security system, and balconies/patios. Recent improvements include fresh exterior paint in 2025, new laundry room and hallway carpet in 2024, new attic ventilation added with new roof and gutters. Property is zoned for commercial and residential. Each unit has electric baseboard heat that is paid by the tenants.
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: 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.
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.
