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Lakefront Tavern and Apartment Complex

137-139 Arthur Avenue Fox Lake, IL 60020

137-139 Arthur Avenue, Fox Lake, IL, 60020
$579,000
For Sale
$579,000

Vacant lakefront property with a former tavern and seven apartments, including piers and a deck; requires work.

Days on Market44

Property Features for 137-139 Arthur Avenue

General Information

Standard status
Active
Property subtype
Business Opportunity
Listing Agency RE/MAX Plaza
Listed by Jeffrey Bell · License #475095372
Source Perillorealestategroup
Added: Jun 6 Checked: Jul 19 at 2:04 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Plaza


Investment Insights

Based on property information with market context.

This lakefront property features three buildings on the site, with a former tavern component and seven residential apartments. The property is currently completely vacant and needs work, but includes lake-oriented improvements such as piers and a deck.

Located at the corner of Arthur and Cathryn, the buildings overlook Nippersink Lake on the Chain and offer approximately 80' of lake frontage. A road easement runs through the property. The owner also notes potential for short-term rentals, subject to village approval.

The site’s configuration includes multiple structures and lake-facing outdoor space, making it conducive to redevelopment plans where allowed. Gaming machines may also be possible, according to the seller’s remarks.

Key Highlights

  • Vacant lakefront property on Nippersink Lake on the Chain with approximately 80' of lake frontage, including piers
  • Former tavern plus 7 residential apartments, with 3 buildings on‑site at the corner of Arthur and Cathryn
  • Lakefront deck and views overlooking Nippersink Lake on the Chain

Property Analytics

Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

Law Firm Hair Salon Bakery Plumbing Service (Bike/Boat/Book/etc) Store HVAC Service Furniture & Home Goods Locksmith Building Supply Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • ZJ's Mine — 22 E Grand Ave, Fox Lake, IL 60020
  • Dinghys — 112 Lakeview Ave, Fox Lake, IL 60020
  • Black Lung Brewing Company Fox Lake — 115 Nippersink Blvd, Fox Lake, IL 60020
  • J's ClubHouse — 92 E Grand Ave, Fox Lake, IL 60020
  • Fifty K Sports Pub — 50 Grand Ave, Fox Lake, IL 60020

FAQs

What type of property is this?
Bar & Pub - Vacant lakefront property with a former tavern and seven apartments, including piers and a deck; requires work.
Where is this bar & pub 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: Vacant lakefront property on Nippersink Lake on the Chain with approximately 80' of lake frontage, including piers; Former tavern plus 7 residential apartments, with 3 buildings on‑site at the corner of Arthur and Cathryn; Lakefront deck and views overlooking Nippersink Lake on the Chain
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