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50 N Lake Avenue Fox Lake, IL 60020
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Key Details
Sold Price $447,500
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11124760
Sold Date 02/16/22
Style Cottage
Bedrooms 7
Year Built 1943
Annual Tax Amount $10,508
Tax Year 2020
Lot Size 10,454 Sqft
Lot Dimensions 40X250
Property Description
Rare find! 40 feet of prime lake frontage. Multiple units on Mineola Bay, Fox Lake. 4 separate units, 3 currently rented to long time tenants one ready for move in now. Imagine the possibilities. Rental income to pay for your lake house dreams! A family compound would be another terrific option ...everyone has their own cabin and you share the cost. A boaters dream! A spot to dock your boat and walk away no need to drag it out of the lake and trailer it home. Many recent upgrades to the entire property! 2 front homes have been gutted and completely rehabbed in 2022/21. The 3rd home was rehabbed in 2014. truly a unique find on the Chain of Lakes. A must see to appreciate come check it out!
Location
State IL
County Lake
Community Dock, Water Rights, Sidewalks, Street Paved
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Exterior Feature Deck, Porch
Waterfront true
View Y/N true
Roof Type Asphalt
Parking Type Off Street
Building
Lot Description Chain of Lakes Frontage, Lake Front, Dock, Waterfront
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Stanton School
High Schools Grant Community High School
School District 114, 114, 124
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Regina Joshi • RE/MAX Premier
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