Property profile

21 Hillside Dr Fox Lake, IL 60020

FOR SALE
Commercial land
Property ID
US28-1931559
1.06 ac lot
Entity Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2-acre commercial land parcel presents a remarkable investment opportunity in Fox Lake, Illinois. Located at 21 Hillside Dr, 60020, this property boasts a prime location at the corner of Rollins Road and Hillside Drive, offering excellent visibility and accessibility. The lot features mostly level topography, simplifying development, and benefits from an existing ALTA survey. All utilities and necessary curb cuts are already in place, significantly reducing development costs and timelines. Importantly, the property is free from identified wetlands or floodplains, minimizing environmental concerns. Zoned B-2 by the Village of Fox Lake, this land is ideally suited for a variety of commercial uses, complementing the existing mix of office, retail, and multi-family properties in the area. Its proximity to the downtown area and train station ensures high visibility and convenient access for businesses. A unique advantage is its location directly across from the respected senior housing communities, "Lilac" and "Paradise Park," presenting a compelling opportunity to serve this growing demographic. The property's APN is 0510301035, and it is owned by an LLC. The asking price is $299,900. Prospective buyers are encouraged to conduct their own due diligence.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.06 ac (46,191 SF)
APN 05-10-301-035
UPID US28-1931559

Cap rate & NOI

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

Location

21 Hillside Dr Fox Lake, IL 60020
Fox Lake metro Census 860903 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2022
Last sale
$205,000
1 recorded transaction
2022
$205,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message