Lakefront Apartment
For Sale
$579,000
137-139 Arthur Avenue, Fox Lake, IL 60020
Business Opportunity, Fox Lake, IL
Property SizeContact for details
Lot Size0.31 Acres
Days on Market86
Property Features for 137-139 Arthur Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
Grand Ave. to Forest Ave. straight ahead to Arthur Ave.
Subdivision
Fox Lake
Standard status
Active
APN
05033060010000
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
13459
Utilities
Utilities
Natural Gas Available
Cooling system
Window Unit(s)
Water front
1
Amenities
piers
deck
Building Details
Floors in Building
2
Building materials
Wood
Roof type
Composition
Listing Agency:
RE/MAX Plaza · RE/MAX International
(847) 596-6100
Listed By:
Jeffrey Bell · License #475095372
(847) 596-6100
Added: Jun 6
Changed: Aug 19
Last Checked: Aug 30 at 8:06AM
MLS# 12670035
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This waterfront multifamily property includes three wood-frame buildings with seven residential apartments and a former tavern component. The approximately 0.3103-acre site is currently vacant and includes piers, a deck, and about 80' of frontage on Nippersink Lake. Window-unit cooling, a composition roof, and natural gas availability are among the reported property features. Zoning is COMMR.
The property is positioned near downtown Fox Lake, the train, and Lakefront Park, which hosts weekly summer concerts. A road easement crosses the site. Short-term rental use may be possible subject to village approval, and the property requires work before occupancy or operations.
The property is positioned near downtown Fox Lake, the train, and Lakefront Park, which hosts weekly summer concerts. A road easement crosses the site. Short-term rental use may be possible subject to village approval, and the property requires work before occupancy or operations.
Key Highlights
- Seven residential apartments across three buildings
- Approximately 0.3103‑acre waterfront site
- About 80' of frontage on Nippersink Lake
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
Explore this area
Business Placement
Demographics for 60020, IL
10,967
Population
5,523
Households
2
Avg Household Size
43
Median Age
27%
College-Educated
96%
High-School Grad
4.7 sq mi
ZIP Area
2,333
Density / Sq Mi
$71,028
Median Household Income
$44,732
Median Earnings
$1,228
Median Rent
$215,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three vacant buildings combine seven apartments with former tavern space and waterfront piers.
Where is this apartment building located?
The property is located at 137-139 Arthur Avenue Fox Lake, IL.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Seven residential apartments across three buildings; Approximately 0.3103‑acre waterfront site; About 80' of frontage on Nippersink Lake
