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50 N Lake Avenue Fox Lake, IL $ 549,873
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$ 549,873 Get more info
50 N Lake Avenue
$ 549,873
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Share Save

50 N Lake Avenue

Fox Lake, IL, 60020
$ 549,873
Bedrooms7 Baths12.6

Monthly Estimate*

$ 3,430

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Multi-Family Home for sale in Fox Lake, IL

for $549,873 with 7 bedrooms and 12 full baths, 6 half baths. This home was built in 1943 on a lot size of 0.24.

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!

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Multi-Family Contingent

Price

$ 549,873

Bedrooms

7

Full Bath

12

Half Bath

6

Property Type

Multi-Family

Taxes

$ 13,294

Style

Cottage

Lot Size

0.24

Year Built

1943

Town/City

Fox Lake

County/Region

Lake

MLS | Web ID

12429978
Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt
Zoning MULTI
Architectural Style Cottage
Construction Materials Aluminum Siding Vinyl Siding Steel Siding
Year Built 1943
Township Antioch
Tax Year 2023
Ownership Fee Simple
Community Features Dock Water Rights Sidewalks Street Paved
County Lake
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Other Structures Second Residence
Total Rooms 20
Status Contingent
Directions 134 and Wilson North to Grand west to Lake Avenue til you arrive 50 N.
High School Grant Community High School
City Fox Lake
High School District 124
MLS Area Fox Lake
Elementary School Stanton School
Tax Annual Amount 13294
Additional Parcels Y/N N
Standard Status Active Under Contract
Middle/Junior School District 114
Elementary School District 114
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Interior
Basement None
Total Bedrooms 7
Total Baths 12
Bedrooms Possible 7
Bathroom No Tub
Full Baths Building 6
Half Baths Building 6
Total Number of Units 4
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Exterior
Exterior Amenities Dock
Parking Features Off Street Yes Owned
Water Source Public
Total Parking 4
Foundation Details Concrete Perimeter
Lot Dimensions 40X250
Lot Size Acres 0.24
Waterfront Y/N Y
Other Equipment Ceiling Fan(s)
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* Excluded Features
List By
Re/Max 10 In The Park

Broker

thomasdomasik@gmail.com

Email

Affordability Calculator

$4,538
Per Month
76%
24%
0%
Monthly Principal & Interest
$3,430
Monthly Property Taxes
$1,108
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5207691 Elementary School
567659 Middle School
Grant Community High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/30/2025$549,873 Listed Price

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50 N Lake Avenue, Fox Lake, IL, 60020 is a Multi-Family Home for sale at $549,873 with a lot size of 0.24. 50 N Lake Avenue has 7 bedrooms, 12.6 baths, and was built in 1943. The property's zip code is 60020 which is in Fox Lake, IL

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