50 North Lake Avenue, Fox Lake, IL, 60020
$549,873
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!
Additional Information: This property is located in the Fox Lake neighborhood, IL. This 7 bedrooms two to four units property is priced at $549,873.
Facts & Features
| MLS® # | 12429978 |
|---|---|
| Price | $549,873 |
| Bedrooms | 7 |
| Bathrooms | 12.00 |
| Taxes | $13,294 |
| 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 | 93 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Taxes | $13,294 |
Listing Details
| Office | RE/MAX 10 in the Park |
|---|---|
| Contact Info | MsFinest1@aol.com |