Fox Lake, IL Residential income properties for sale

Updated: Jun 6

Waterfront Tavern with Apartments

137-139 Arthur Avenue, Fox Lake, IL 60020

$579,000

0.31 AC lot

Former tavern with 7 residential apartments
Approximately 80' of Nippersink Lake frontage with piers
Three buildings on approximately 0.3103 acres
Currently vacant property that needs work
COMMR zoning with natural gas available

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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

Contact for pricing

4,400 sqft

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

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, 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.

Commercially Zoned Single-Family Home

140 E Acre Court, Round Lake Beach, IL 60073

$499,900

0.89 AC lot

3BR/2BA residence on commercially zoned land with a 2-car garage, exterior parking, walkout basement, and deck.

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Commercially Zoned Residential Property

168 E Acre Court, Round Lake Beach, IL 60073

$499,900

0.89 AC lot

3BR/2BA home on 0.89 acres with a 2-car garage, deck, walkout basement, and parking for 6+ vehicles.

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Turnkey Short-Term Rental Waterfront Compound

27717 W Grass Lake Drive, Spring Grove, IL 60081

$749,900

1.13 AC lot

Three fully furnished short-term-rental units with private sand beach, pier access, and on-lake RV and watercraft storage.

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Five-Unit Apartment Building

38185 N State Park Rd, Spring Grove, IL 60081

Contact for pricing

Fully leased five-unit building with a mix of 4-, 3-, and 2-bedroom units plus separate 3-car garage.

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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 4,400 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