Search
Lakefront Tavern and Rental Units
For Sale
Contact for pricing

139 Arthur Avenue, Fox Lake, IL 60020

Lakefront property combining a former tavern space with seven rental units in Fox Lake.

Property Size4,400 SF
Price / SF$131.59
Days on Market60

Property Features for 139 Arthur Avenue

General Information

Standard status Active
Size 4,400 SF
Property subtype Mixed Use

Additional Details

Multifamily Units 7

Building Details

Year Built 1960
Listing Agency: Re/Max Plaza
Listed By: Jeffrey Bell · License #IL 475.095372
Source: Crexi
Added: Jun 7 Changed: Jul 10 Last Checked: Aug 3 at 2:32PM

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 includes a former tavern space along with seven rental units, offering a combined commercial and residential setup. The total property size is listed at 4,400 square feet. The offering is specifically presented as a former tavern and rental unit configuration, with the existing improvements supporting both uses under one ownership structure.

Located at 139 Arthur Avenue in Fox Lake, Illinois, the property is positioned as a commercial lakefront opportunity. While the remarks do not describe specific frontage, access details, or surrounding tenants, the asset’s appeal centers on the dual-use layout and the lakefront aspect.

For buyers looking for a property that blends hospitality-style space with multiple residential units, this configuration can support operators who want to manage both components from one site. The seven rental units provide a straightforward residential complement to the former tavern area, while the lakefront nature of the property may align with businesses that benefit from an outdoor-oriented setting. This is a for-sale offering priced as a single asset incorporating both the former tavern and rental units.

Key Highlights

  • Lakefront property in Fox Lake
  • Former tavern space plus 7 rental units
  • Built in 1960

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Law Firm Hair Salon Bakery Plumbing Service (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

121
Businesses Nearby
Well-served
Demand for This Use

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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

Frequently Asked Questions

What type of property is this?
Bar & Pub - Lakefront property combining a former tavern space with seven rental units in Fox Lake.
Where is this bar & pub located?
The property is located at 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 property in Fox Lake; Former tavern space plus 7 rental units; Built in 1960
(847) 601-1201 Call to check price and availability
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