Lakefront Mixed-Use
137-139 Arthur Avenue, Fox Lake, IL 60020
For Sale
New
$549,000
Commercial Sale, Fox Lake, IL
Property SizeContact for details
Lot Size0.31 Acres
Days on Market2
Property Features for 137-139 Arthur Avenue
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Cooling system
Amenities
piers
deck
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Buildings
Listing Agency:
RE/MAX Plaza · RE/MAX International
Listed By:
Jeffrey Bell · License IL #475095372
(847) 596-6100
Added: Nov 10
Last Checked: Nov 11 at 9:06AM
MLS# 12805828
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.
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Investment Insights
Based on property information with market context.
The property comprises three wood-frame buildings: a former tavern and seven residential apartments. The buildings are currently vacant and need work. The site includes a deck, piers, window-unit cooling, and natural gas availability. Built in 1960, the property is zoned COMMR and occupies 0.3103 acres.
Located on Nippersink Lake, the parcel has approximately 80 feet of lake frontage. A road easement crosses the property.
Located on Nippersink Lake, the parcel has approximately 80 feet of lake frontage. A road easement crosses the property.
Key Highlights
- Three buildings, including a former tavern and 7 residential apartments
- Approximately 80' of lake frontage on Nippersink Lake, with piers and a deck
- 0.3103‑acre site zoned COMMR
Property Analytics
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Current Use
Lease Details
7
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
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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
$215,700
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Lake County, IL
Properties on Market for Mixed-use properties in Lake County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three buildings include a former tavern and seven residential apartments, with piers along the lakefront.
Where is this mixed-use property 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 $549,000.
What are key features of this property?
This property features: Three buildings, including a former tavern and 7 residential apartments; Approximately 80' of lake frontage on Nippersink Lake, with piers and a deck; 0.3103‑acre site zoned COMMR
