50 North Lake Avenue, Fox Lake, IL

$549,873

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7

Beds

12

Baths

0.24

Acres

About 50 North Lake Avenue

Rare opportunity to own 40 feet of prime lake frontage on beautiful Mineola Bay in Fox Lake! This multi-unit property includes four separate cabins-three are currently leased, and one is vacant and ready for immediate occupancy. Whether you're looking for rental income to help offset costs or dreaming of a lakeside family compound where everyone has their own private space, this property delivers. Boaters will love the convenience of docking right outside-no need to trailer your boat home. Recent updates throughout, including full renovations of two front units in 2021 and 2022, plus updates to a third unit in 2014. Properties like this are few and far between on the Chain of Lakes-come take a look and explore the possibilities!

Features of 50 North Lake Avenue

MLS® # 12429978
Price $549,873
Bedrooms 7
Bathrooms 12.00
Acres 0.24
Year Built 1943
Type Residential Income
Sub-Type Two to Four Units
Style Cottage
Status Active

Community Information

Address 50 North Lake Avenue
Area Fox Lake
City Fox Lake
County Lake
State IL
Zip Code 60020

Amenities

Parking Spaces 4
Parking Off Street, On Site, Owned
Is Waterfront Yes
Has Pool No

Interior

Heating Natural Gas, Forced Air
Fireplace No
Has Basement Yes
Basement None

Exterior

Exterior Aluminum Siding, Vinyl Siding, Steel Siding
Exterior Features Dock
Roof Asphalt
Foundation Concrete Perimeter

School Information

District 124
Elementary Stanton School
High Grant Community High School

Additional Information

Days on Market 78
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX 10 in the Park
Contact InfoMsFinest1@aol.com

Listing Map

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