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    2 Grand Ave Fox Lake, IL 60020

    Sponsored
    For Lease
    $14 SF/Yr

    900 SF Retail Space, High Traffic Area

    Lot size:
    19,829 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 900-square-foot retail space is located at 2 W Grand Ave, Fox Lake, IL 60020, within the Fox Lake Commons shopping center. Situated at the signalized intersection of Grand Avenue and Route 12, this end unit offers premium visibility and accessibility. The property boasts ample lighted parking and prominent monument signage, ensuring high visibility for your business. Benefit from significant traffic counts, with 10,250 vehicles per day on Grand Avenue and 21,500 vehicles per day on Route 12. The space itself (Unit 101) features an open retail area in the front, complemented by a rear office, storage, and bathroom. The building, constructed in 1986, offers a total of 19,829 square feet and 50 parking spaces. The property is zoned B3 and has an APN of 05-09-212-020. Electricity is provided by 110 and 200-volt power sources. This thriving retail center is home to a diverse range of established businesses, including Key West Construction & Adjusters, West Marine, One Main Financial, Rosati's, Carlo's Mexican Grill, Blizz Nails, Hussle Barber Shop, and Cloudy Lake Vape & Smoke, creating a strong synergy and customer base. This is a fantastic opportunity to establish or expand your business in a high-traffic, well-established retail location. The total building size is 19,829 square feet, with 900 square feet currently vacant.

    Property Features for 2 Grand Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,829 SF
    Total Rate
    23133.83

    Building Details

    Year Built
    1986

    Unit(s) available at that property

    Space
    Size
    900 SF
    Rate per SF
    $14

    HighLights

    • 900 SF retail space available in Fox Lake Commons shopping center at 2 W Grand Ave, Fox Lake, IL 60020.
    • High‑visibility end unit at signalized intersection of Grand Ave & Route 12, with ample parking and monument signage.
    • Excellent traffic counts: 10,250 VPD on Grand Ave, 21,500 VPD on Route 12.
    • Unit features open retail area, rear office, storage, and bathroom.
    • Located in a thriving retail center with diverse established businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fox Lake
    County
    Lake
    State
    Illinois
    Longitude
    -88.1847354
    Latitude
    42.3973004

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    FAQs

    What type of property is this?
    Retail property - 900 SF Retail Space, High Traffic Area
    Where is this retail property located?
    The property is located at 2 Grand Ave Fox Lake, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 900 SF retail space available in Fox Lake Commons shopping center at 2 W Grand Ave, Fox Lake, IL 60020.; High-visibility end unit at signalized intersection of Grand Ave & Route 12, with ample parking and monument signage.; Excellent traffic counts: 10,250 VPD on Grand Ave, 21,500 VPD on Route 12.
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    2 Grand Ave Fox Lake, IL 60020
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    Fox Lake, IL 60020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Grand Ave Fox Lake, IL 60020
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