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512 Park Avenue
Fox Lake IL 60020 US

$1,100,000

Active Listing ID 11981298
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Mixed Use

$1,100,000

Active Listing ID 11981298
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512 Park Avenue Fantastic Investment Opportunity in Fox Lake! Located at 512 & 514 Park Ave, this mixed-use property offers endless potential for savvy investors. With a list price of $1, 100, 000, this turnkey opportunity is not to be missed. Situated on a spacious 3/4-acre lot, this property features 76 lease-able slips, with a total of 94 permitted slips for boating enthusiasts. The convenience of floating docks means easy maintenance, and access is controlled by a key system. Adjacent to the renowned Famous Freddie's Roadhouse, this location offers great exposure and endless possibilities. In addition to the marina, there is a charming rental home on-site, generating substantial income as a short-term rental. Boasting two bedrooms, hardwood floors, lake views, and a 25x25 barn with a cement floor, this home adds tremendous value to the property. With its commercial zoning (B-4), this property can be utilized for a variety of purposes. The potential for a hobby operation and minimal management exposure make this a truly unique opportunity. Don't miss out on this rare chance to own a lucrative investment property in the heart of Fox Lake. Call today for more information and to schedule a viewing!

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Mixed Use

Property

  • propertytype: Commercial Sale
  • propertysubtype: Mixed Use
  • listprice: 1100000
  • unparsedaddress: 512 Park Avenue
  • postalcity: Fox Lake
  • stateorprovince: IL
  • country: US
  • postalcode: 60020
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 2200
  • livingareaunits: Square Feet
  • latitude: 42.383598
  • longitude: -88.179282
  • listagentfullname: Dawn Bremer
  • listagentemail: Bremerteam18@gmail.com
  • listagentkey: 3yd-MREDIL-246979
  • listagentmlsid: 246979
  • listagentpreferredphone: 8474566334
  • listagentofficephone: 8474566334
  • listofficekey: 3yd-MREDIL-28470
  • listofficemlsid: 28470
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1953
  • listingcontractdate: 2024-02-14
  • listagenturl: https://successrealty.yourkwoffice.com/
  • countyorparish: Lake
  • parcelnumber: 05162040350000
  • numberofunitstotal: 1
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -88.179282, 42.383598
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Listing Changed: 3/26/2024 2:30:55 PM GMT
Source Updated Date: 5/1/2024 6:51:35 AM GMT

Courtesy of: Dawn Bremer, Keller Williams Success Realty, Bremerteam18@gmail.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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