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Mixed-Use Building with Apartments
For Sale
$399,900

21 S US Highway 12, Fox Lake, IL 60020

Commercial Sale, Fox Lake, IL

Property SizeContact for details
Lot Size0.34 Acres
Days on Market138

Property Features for 21 S US Highway 12

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions On Hwy 12 south of Grand Avenue on East side.
Subdivision Fox Lake
Standard status Active
APN 05092000340000
Lot size 0.34 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12529

Utilities

Utilities Natural Gas Available
Cooling system Central Air, Window Unit(s)

Amenities

rooftop patio

Building Details

Year built 1976
Floors in Building 2
Number of units 4
Building materials Vinyl Siding, Brick, Block
Roof type Rubber, Composition
Listing Agency: Realty World Tiffany R.E.
Listed By: Jack Fields · License #475146944
Added: May 27 Changed: Oct 10 Last Checked: Oct 11 at 4:06AM
MLS# 12659874

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 mixed-use property contains two adjoining commercial spaces at street level, an efficiency apartment, and a second-floor apartment with two bedrooms, one full bath, an open living and kitchen area, and a rooftop patio with exterior access. One commercial space has a barber tenant who would like to remain; the other is leased. The second space also connects to about 440 square feet of finished basement office or storage area. A full basement provides mechanicals and additional storage. The building dates to 1976 and occupies two lots totaling 0.3444 acres, with parking for around 25 cars.

The property is located on US Highway 12 in Fox Lake, Illinois. Construction includes vinyl siding, brick, and block. Cooling is provided by central air and window units, and natural gas is available.

Key Highlights

  • Two adjoining commercial spaces and two apartments, including an efficiency unit
  • One commercial space has a barber tenant who would like to remain; the other is leased
  • About 440 square feet of finished basement office or storage area connected to one commercial space

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Law Firm Building Supply Big Box & Wholesale Store Hair Salon Garden Center

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

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

573
Businesses Nearby
100k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 52% Shops & Services 48%
Thorntons Shops & Services
22,676 visits/mo 0.4 miles
McDonald's Dining
22,023 visits/mo 0.4 miles
Culver's Dining
14,043 visits/mo 0.4 miles
Taco Bell Dining
10,652 visits/mo 0.4 miles
Dollar General Shops & Services
4,545 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two street-level commercial spaces are paired with residential units and on-site parking.
Where is this mixed-use property located?
The property is located at 21 S US Highway 12 Fox Lake, IL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two adjoining commercial spaces and two apartments, including an efficiency unit; One commercial space has a barber tenant who would like to remain; the other is leased; About 440 square feet of finished basement office or storage area connected to one commercial space
More about this property
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