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- LoopNet Team
512 Park Ave
Fox Lake, IL 60020
MARINA & RESIDENCE / CHAIN "O" LAKES, IL · Specialty Property For Sale
·
2,200 SF
Investment Highlights
- Turn Kery Business /Very Low overhead / Residence has 2 bedrooms & overlooks the lake. Residence has a 25x25 garage/ barn
- Gated / Security/ Ked Fob for entry to docks / Quiet setting
- Rental Business is a must have at this location
- Aluminum Piers good condition / Piers have a shelf life of 40 years
- Owner could sell boats from property / add In & out service / Shrink wrap & store boats
- Next door to Famous Freddies Restaurant
Property Facts
| Property Type | Specialty | Building Size | 2,200 SF |
| Property Subtype | Marina | No. Stories | 1 |
| Building Class | B | Year Built/Renovated | 1953/2018 |
| 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/Renovated | 1953/2018 |
| 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
Property consists of a 3/4 of an acre of uplands, situated in a quiet cove located on the south end of Pastakiee Lakes. There is 47 Piers or 94 slips for boats. Security fence & gate going into entry of the slips, all boaters are set up with a key fob for entry. All slips alluminum and in very good shape, all are floating docks. The single family home is a 2 bedroom 1 bath with hardwood floors & newer windows. A 25x25 2 car garage barn style with a cement floor & elevated ceiling hieghts in garage. Home has great water views of the lake. Business is very minimal managment to any owner, great for a hobby or an owner / business person that works from home or even a contractor. Property is located next to Famous Freddies Restaurant with a 400 seat occupancy. Divided by a privavcy fence between the 2 properties.
Property Taxes
| Parcel Numbers | Improvements Assessment | $171,752 | |
| Land Assessment | $95,969 | Total Assessment | $267,721 |
Property Taxes
