Keller Williams Success Realty
The Bremer Team, Keller Williams Success RealtyPhone: (847) 456-6334
Email: [email protected]
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listing
1 of 7
CommercialFor Sale
$1,100,000
512 Park Avenue
Fox Lake, IL 60020
Courtesy of Keller Williams Success Realty
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID
2,200Sq Ft
Est. Mortgage
$5,778/mo

Fantastic Investment Opportunity in Fox Lake! Located at 512 & 514 Park Ave, this mixed-use property offers endless potential for savvy investors. With a list price of $1,100,000, this turnkey opportunity is not to be missed. Situated on a spacious 3/4-acre lot, this property features 76 lease-able slips, with a total of 94 permitted slips for boating enthusiasts. The convenience of floating docks means easy maintenance, and access is controlled by a key system. Adjacent to the renowned Famous Freddie's Roadhouse, this location offers great exposure and endless possibilities. In addition to the marina, there is a charming rental home on-site, generating substantial income as a short-term rental. Boasting two bedrooms, hardwood floors, lake views, and a 25x25 barn with a cement floor, this home adds tremendous value to the property. With its commercial zoning (B-4), this property can be utilized for a variety of purposes. The potential for a hobby operation and minimal management exposure make this a truly unique opportunity. Don't miss out on this rare chance to own a lucrative investment property in the heart of Fox Lake. Call today for more information and to schedule a viewing!

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