For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lakefront Tavern and Apartments Title is generated by Realmo AI

    137-139 Arthur Avenue, Fox Lake, IL 60020

    View on Map
    Claim this Listing
    New
    For Sale
    $579,000

    COMMERCIAL - Fox Lake, IL

    Lot size:
    0.31 Acres
    Added:
    Jun 6, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 9 at 3:06 pm

    Property Features for 137-139 Arthur Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    COMMR
    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

    Building Details

    Floors in Building
    2
    Building materials
    Wood
    Roof type
    Composition

    We can help!

    Listing Contact
    Jeffrey Bell
    Jeffrey Bell

    Listing agent Jeffrey Bell License #475095372

    Listing office RE/MAX Plaza 5445 Grand Avenue Ste. 200, Gurnee, IL

    Listing date Jun 6, 2026

    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.

    HighLights

    • Lakefront commercial property with piers overlooking Nippersink Lake on the Chain
    • Former tavern plus 7 residential apartments on the water; currently completely vacant
    • Three buildings on the property at the corner of Arthur and Cathryn with deck and sunset views
    • Includes a road easement that runs through the property
    • Utilities include natural gas available; cooling with window unit(s)
    • Roof is composition; construction materials include wood

    Overview

    This lakefront mixed-use property is currently completely vacant and consists of three buildings. It was formerly a tavern and includes seven residential apartments on the water, with piers and a deck overlooking Nippersink Lake on the Chain. The property needs work, and may be well suited for a buyer looking to reposition a combined hospitality and residential asset.

    The buildings are located at the corner of Arthur and Cathryn and are described as overlooking Nippersink Lake, offering lake-facing views. A road easement runs through the property, which is an important consideration for site planning and improvements. The property is also identified under zoning COMMR.

    From an operator or developer standpoint, the layout may support a combined concept that leverages the existing mixed-use configuration, including the former tavern component and the residential apartments. Public remarks also note that gaming machines may be possible, subject to applicable approvals. The property is described as being near downtown, the train, and Lakefront Park, where summer concerts are held weekly, offering additional context for potential uses and tenant/buyer programming.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars & Pubs

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Fox Lake
    County
    Lake
    State
    Illinois
    Longitude
    -88.1783717
    Latitude
    42.406674

    FAQs

    What type of property is this?
    Apartment building - Vacant, lakefront property with piers and a deck, offering a former tavern setup alongside seven residential units.
    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: Lakefront commercial property with piers overlooking Nippersink Lake on the Chain; Former tavern plus 7 residential apartments on the water; currently completely vacant; Three buildings on the property at the corner of Arthur and Cathryn with deck and sunset views
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message