Fox Lake IL Real Estate & Commercial for Sale

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!

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.

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.

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.