Fox Lake, IL Multifamily properties for sale

Updated: Jun 6

Lakefront Tavern and Apartment Property

137-139 Arthur Avenue, Fox Lake, IL 60020

$579,000

0.31 AC lot

Approx. 80' of lake frontage on Nippersink Lake on the Chain with piers and lakefront views
Former tavern plus 3 buildings on the property with a deck, located at the corner of Arthur and Cathryn
Includes 7 residential apartments on the water; property is currently completely vacant
Cooling: window unit(s); utilities: natural gas available; roof: composition
Road easement runs through the property; possible gaming machines may be possible

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Updated: Feb 13

Four-Unit Mixed-Use Building

21 S US Highway 12, Fox Lake, IL 60020

$399,900

0.34 AC lot

Four‑unit building in Fox Lake on Highway 12, with 2 commercial units on the main level plus an efficiency apartment and additional living space
Second commercial unit is totally remodeled and ready to lease at $1,500/mo or for owner‑occupant use
Efficient apartment on the main level features one main room with separate bedroom, kitchen, and bathroom; tenant arrangements are month‑to‑month
Second floor includes a large living room open to the kitchen, 2 bedrooms, 1 full bath, and a walk‑out rooftop patio
Full basement has mechanicals and lots of storage, plus one commercial unit provides access to about 440 SF of finished office/storage in the basement

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Lakefront Tavern and Rental Units

139 Arthur Avenue, Fox Lake, IL 60020

$579,000

4,400 sqft

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

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Fox Lake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Lakefront Multifamily Property

26198 W Spring Grove Road, Antioch, IL 60002

$895,000

0.45 AC lot

Eight-unit income property with direct lakefront frontage and tenant-paid utilities, offering a mix of unit sizes and established occupancy.

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Legal Three-Unit Building in McHenry

3807 Main Street, Mchenry, IL 60050

$490,000

0.20 AC lot

Three-unit building in McHenry's historic district, built in 1988.

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McHenry Investment Property Near Downtown

3937 Main Street, Mchenry, IL 60050

$649,000

Excellent investment property near Metra, shops, and restaurants.

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Lakefront Multifamily Investment Opportunity

26198 W Spring Grove Road, Antioch, IL 60002

$895,000

Eight-unit multifamily property with lake frontage and income potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing

3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing

0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Deeded RV Recreational Lot

V/L E Kissing Oaks Trail, Custer, MI 49405

$39,900

0.96 AC lot

Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

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Fox Lake, IL Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Fox Lake, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,400 square feet of properties for sale, with an estimated market value of $579,000.

Sale prices for multifamily properties in Fox Lake, IL start at $579,000, averaging $579,000, and reaching up to $579,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
60020	$519.3K

Neighborhood

Average Price

60020

$519.3K