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160 US 12 hwy 0.95 Acres of Commercial Land Offered at $260,000 in Fox Lake, IL 60020

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INVESTMENT HIGHLIGHTS

  • 21,400 cars per day

EXECUTIVE SUMMARY

Here is the chance for commercial developers to bring their business concepts to a popular recreational community. The lot is presently zoned R1 - Residential, but could be easily rezoned to B3 - Commercial. The property to the South is zoned B4 and the property directly to the north is zoned B3. The village is revamping their comprehensive plan so now is the time to get in on the ground floor. Immersed in the picturesque community of Fox Lake, Illinois, the location offers a rich tapestry of amenities and attractions. The surrounding area is dotted with quaint local eateries, recreational hotspots, and convenient shopping options, making it an ideal setting for a thriving commercial establishment. Nearby Chain O'Lakes State Park provides an idyllic escape for outdoor enthusiasts, while the Chain O'Lakes itself offers opportunities for boating and water sports. A variety of dining options, boutique shops, and cultural attractions contribute to the vibrant atmosphere of the town, ensuring a dynamic and engaging environment for businesses and their employees to thrive.

PROPERTY FACTS

Price $260,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Bank
  • Bar
  • Drugstore
  • Fast Food
  • Restaurant
  • Single Family Development
  • Strip Center
  • Single Family Residence
Total Lot Size 0.95 AC

1 LOT AVAILABLE

Lot

Price $260,000
Price Per AC $273,684.21
Lot Size 0.95 AC

DESCRIPTION

Vacant lot zoned R1 - Residential Could easily be rezoned to Commercial Zoning. The adjacent lot to the North is zoned B3 and the lot to the South is zoned B4. Prime location on a major US Route and a stone's throw from Lake Nippersink & Lake Pistakee.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-04-304-001
Land Assessment
$99,774
Improvements Assessment
$0
Total Assessment
$99,774
  • Listing ID: 35892505

  • Date on Market: 5/16/2025

  • Last Updated:

  • Address: 160 US 12 hwy, Fox Lake, IL 60020

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