80 Us-12 Fox Lake, IL 60020
- Land
- 18.00 lot acres
Current Use by Public Records
- Land
Property Details for 80 Us-12
- Lot size
- 18.00 lot acres
- Property type
- Land
Description
This exceptional 18-acre waterfront commercial land parcel presents a unique investment opportunity in Fox Lake, Illinois. Located on US Highway 12, this highly visible site boasts 19,100 vehicles per day passing by, ensuring significant exposure for any development. Its strategic location offers easy access to the Metra train station, I-94 (within 20 minutes), Lake Geneva (within 15 minutes), O'Hare International Airport (within 40 miles), and Milwaukee Airport (within 40 miles). The property is situated adjacent to a new Culver's and Ben Watt's Marina, providing immediate proximity to established businesses and recreational amenities. The city actively encourages development, with approvals in place for 4, 5, or 6-story structures. Utilities are readily available on-site. This mixed-use zoned property offers unparalleled flexibility, accommodating a wide range of development possibilities, including hotels, condominiums, multifamily housing, amusement venues, retail spaces, or office complexes. For added convenience, the site is divisible down to 1-2 acre parcels. The asking price is $4,555,000. This is a rare chance to acquire a substantial, strategically located commercial property with significant development potential in a thriving community. The address is 80 US-12, Fox Lake, IL 60020, in Lake County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fox Lake
- County
- Lake
- State
- Illinois
- Longitude
- -88.1828
- Latitude
- 42.3904
