Property profile

1370 Us-12 Fox Lake, IL 60020

OFF-MARKET
Land
1.25 ac lot
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Property summary

AI-generated overview

This exceptional 1.25-acre commercial land parcel presents a unique investment opportunity in the thriving Fox Lake, Illinois market. Located at 1370 US-12, this B-3 zoned outlot is the last remaining vacant space in a highly successful shopping center. Positioned prominently in front of major retailers Menards and Jewel-Osco, at the corner of US Hwy 12 and 134, this property benefits from exceptional visibility and high traffic volume. The site is surrounded by a collection of successful businesses including Circle K, Valvoline, Chase Bank, a car wash, and Wendy's, ensuring a strong customer base and consistent foot traffic. The property is already improved with a striped and paved parking lot, complete with storm sewers, all necessary utilities, commercial lighting, and sidewalks, minimizing development costs and expediting the start of operations. This level site is ready for immediate development, making it ideal for a variety of retail businesses seeking a prime location with excellent access and high visibility. The asking price of $200,000 reflects a compelling value proposition for investors seeking a high-return opportunity in a robust retail environment. The APN is 0522103006. Don't miss this chance to secure the last available lot in this premier shopping center.

Property profile

Verified
Property type Land
Lot 1.25 ac (54,450 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1370 Us-12 Fox Lake, IL 60020
Fox Lake metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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