Fox Lake IL Real Estate & Commercial for Sale

Fox Lake Retail Center Investment Property for sale, fully occupied with 5 long term tenants 10.5yr ave occupancy, with weighted ave lease term 5+ yr, plus optional renewals. Fronting busy RT12, located in area of established business including Menards Home Center, Jewel Osco, Home Depot, Wendys, creating constant traffic flow. Strong NOI, contact listing broker Joe H for Rent Roll and Income/expenses.

Ex-Large Commercial Block Building currently zoned B-3, Large Office area 24x22 carpeted & Entry Area 19x11 tile floor, Plus a Break area w/ a Kitchen & Eating Area. Extra Alcove 20x23 pass the Office, (2) Huge 3/4 Bathrooms & Before the kitchen area 29x12. There are 5 Heating Units, 5 A/C units (4 are approx. 2 yrs old & 1 unit approx. 1+ yr old). The Oversized Garage Parking is 35x38 Door is 14' high & Loading Dock to Main Level. Plus a Huge 2nd Garage for parking is 15x52. Maybe perfect for some Retail, Auto & Boat Supplies, accessories, repair or service, Antique Shops, Appliance stores or repair shops, Automobile rentals, HVAC/Plumbing & equipment sales, service & repairs, just to name a few but please check with the Village of Fox Lake for more info.

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.

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.