512 Park Ave
Fox Lake, IL 60020
Specialty Property For Sale
·
2,200 SF
Property Facts
| Property Type | Specialty | Building Size | 2,200 SF |
| Property Subtype | Marina | No. Stories | 1 |
| Building Class | B | Year Built | 1953 |
| Lot Size | 0.79 AC | Parking Ratio | 10/1,000 SF |
| Zoning | B-4 - B-4 A Lease with the Army Corp for the Water Rights. To be renewed with new buyer / owner upon approval of Army Corp | ||
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | B |
| Lot Size | 0.79 AC |
| Building Size | 2,200 SF |
| No. Stories | 1 |
| Year Built | 1953 |
| Parking Ratio | 10/1,000 SF |
| Zoning | B-4 - B-4 A Lease with the Army Corp for the Water Rights. To be renewed with new buyer / owner upon approval of Army Corp |
Amenities
- Signage
- Waterfront
- Air Conditioning
About 512 PARK AVE , FOX LAKE, IL 60020
This is a turn key business in the fall and spring. 94 slips - $1200-$1500/slip. Property appraised at $1,250,000 in 2017; floating docks which do not have to be taken in every year appraised for $780,000. (Floating docks have a shelf life of 40 years.) Key required to gain access to docks. Next door to Freddie's Restaurant with a 400 seat occupancy. Management exposure is minimal, could be a hobby operation. Owner also now does shrink wrapping, in and out movement of boats. Home on premises features two bedrooms, hardwood floors, new windows, lake view, and 25x25 barn with cement floor. All on 3/4 of an acre! Owner is moving to his other home in Door County. He is open to contract sales and other offers. Seller would consider other financing options.
Property Taxes
| Parcel Numbers | Improvements Assessment | $171,752 | |
| Land Assessment | $95,969 | Total Assessment | $267,721 |
Property Taxes
