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About This Home
This 7-bedroom, 12-bathroom residential multi family at 50 N Lake Avenue in Fox Lake, IL is listed for $549,873. Built in 1943, on a 0.24 acres lot.
Rare opportunity to own 40 feet of prime lake frontage on beautiful Mineola Bay in Fox Lake! This multi-unit property includes four separate cabins-three are currently leased, and one is vacant and ready for immediate occupancy. Whether you're looking for rental income to help offset costs or dreaming of a lakeside family compound where everyone has their own private space, this property delivers.
Boaters will love the convenience of docking right outside-no need to trailer your boat home. Recent updates throughout, including full renovations of two front units in 2021 and 2022, plus updates to a third unit in 2014. Properties like this are few and far between on the Chain of Lakes-come take a look and explore the possibilities!
Key Features
- Built in 1943
- 0.24 acre lot
- 4 parking spaces
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$2,941/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
50 N Lake Avenue
Fox Lake, IL 60020
Features & Amenities
Exterior Features
Property Details
Construction
Pool Features
Parking
Heating
Questions & Answers
This 7-bedroom, 12-bathroom residential multi family at 50 N Lake Avenue is listed at $549,873. The estimated monthly payment is $2,383 based on 20% down at 6.5% interest.
Key features include: Built in 1943, 0.24 acre lot, 4 parking spaces, Waterfront. Exterior Features: Dock.
This property is listed by Thomas Domasik and can be reached at (708) 857-1500 or thomasdomasik@gmail.com.