Fox Lake, IL Residential income 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

Highway 12 Investment Opportunity

21 S US Highway 12, Fox Lake, IL 60020

$399,900

440 sqft · 0.34 AC lot

Four‑unit building ideal for investors or owner‑occupants.
High‑exposure location on Highway 12 in Fox Lake.
Two commercial units, one currently leased by a long‑term tenant, the other recently remodeled and ready to lease at $1500/month or for owner occupancy.
Second commercial unit includes access to 440 sq ft of finished basement space.
Second‑floor apartment features a large living room, kitchen, 2 bedrooms, 1 full bath, and a walk‑out rooftop patio.

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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 12 Potential Opportunities for your consideration. Besides 3 Active listings in Fox Lake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

Prime 5.5 Acre Land Parcel

0 Lot#6 Broadway Street, Mchenry, IL 60050

$185,000

5.50 AC lot

5.5 acre land parcel, build your dream home!

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Ingleside Land Parcel For Sale

35403 N 2nd Avenue, Ingleside, IL 60041

$99,900

0.48 AC lot

Three-lot parcel in Glenarm Subdivision with fire-damaged home.

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Residential Lot in Pistakee Highlands

Acorn Lane lot: 11, Mchenry, IL 60051

Contact for pricing

0.18 AC lot

Available residential lot with mature trees and city utilities.

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Residential Lots in Spring Grove

Ravine Drive lot: 8 & 9, Spring Grove, IL 60081

Contact for pricing

0.24 AC lot

Two residential lots in a desirable Spring Grove location.

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Off-Market Properties in Fox Lake, IL

Consider similar Off-Market properties in Fox Lake, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Land

1520 Prescott Dr, Fox Lake, IL 60020

Value Estimation by Request

0.21 AC lot

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Fox Lake, IL Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in Fox Lake, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,840 square feet of properties for sale, with an estimated market value of $978,900.

Sale prices for residential income properties in Fox Lake, IL start at $399,900, averaging $489,450, 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