100 E Grand Avenue
Fox Lake, IL 60020

Status: Sold
Single Family
4 beds
3 baths
2,500 sq.ft
Listing Price: $475,000

About this home

Your income producing WATERFRONT Opportunity awaits!!! Have you ever dreamed of running a profitable income producing waterfront short term rental property (Air BNB, VRBO). Rated by airDNA as one of the highest occupancy and revenue generating rentals in the village of Fox Lake. Now is your chance to take advantage of this great opportunity. Located in the heart of Fox Lake, this waterfront home has 25Ft. of steel seawall, pier, and comes FULLY furnished with everything in the house and/or investment turn-key ready. Beds, couches, all appliances, 6-7 person bullfrog hot tub under a deck gazebo, etc... The main home has a nautical/lake life theme, and has 3 spacious bedrooms, and 2 full bathrooms with a finished basement and game room. The bonus separate apartment area above the 2-car detached garage has a large custom bar area, bedroom, and full bathroom. Nestled in-between the 2 living areas is a huge 3 level connecting deck with hot tub, BBQ, and entertaining area. Whether you keep it as an income producing property, or make it your primary residence, this home has it all!!! Close to shopping, restaurants, nightlife, Metra train. Come see what this great property has to offer!!! **purchasing this property does not guarantee a short-term rental village permit. Seller will assist in directing how to go about getting the village permit**

Property details

Property / Lot Details
Acreage 0.3217
Lot Dimensions 45X150X73X26X68X149
Lot Description Chain of Lakes Frontage, Channel Front, Corner Lot, Irregular Lot, Wooded
Lot Size Source County Records
Lot Size .25-.49 Acre
Ownership Fee Simple
Style of House Ranch
Type Detached 1 Story
Property Type Detached Single
Interior Features
Additional Rooms Bonus Room, Recreation Room, Other Room
Appliances Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Square Feet 2,500
Square Feet Source Landlord/Tenant/Seller
Attic Full,Unfinished
Basement Description Unfinished
Basement Bathrooms Yes
Basement Full
Bedrooms Count 4
Bedrooms Possible 4
Dining Separate
Disability Access and/or Equipped No
Fireplace Location Living Room
Fireplace Count 1
Fireplace Details Wood Burning
Baths FULL Count 3
Baths Count 3
Interior Property Features Hot Tub, Bar-Wet, Hardwood Floors, First Floor Bedroom, In-Law Arrangement, First Floor Full Bath
LaundryFeatures Gas Dryer Hookup, In Unit
Total Rooms 9
Rooms
room 1
Level N/A
room 2
Type Bonus Room
Level Second
Dimensions 14X14
Flooring Carpet
Window Treatments Blinds
room 3
Type Other Room
Level Basement
Dimensions 12X30
Flooring Other
Window Treatments None
room 4
Type Recreation Room
Level Second
Dimensions 14X15
Flooring Carpet
Window Treatments Blinds
room 5
Type Bar/Entertainment
Level Second
Dimensions 25X15
Flooring Ceramic Tile
Window Treatments Blinds
room 6
Level N/A
room 7
Level N/A
room 8
Level N/A
room 9
Level N/A
room 10
Level N/A
room 11
Type Bedroom 2
Level Main
Dimensions 10X13
Flooring Carpet
Window Treatments Blinds
room 12
Type Bedroom 3
Level Main
Dimensions 10X10
Flooring Carpet
Window Treatments Blinds
room 13
Type Bedroom 4
Level Main
Dimensions 12X13
room 14
Type Dining Room
Level Main
Dimensions 12X13
Flooring Hardwood
Window Treatments Blinds
room 15
Type Family Room
Level N/A
room 16
Type Kitchen
Level Main
Dimensions 10X12
Flooring Hardwood
Window Treatments Blinds
Type Eating Area-Table Space, Pantry-Closet, Granite Counters
room 17
Type Laundry
Level Basement
Dimensions 10X10
Flooring Other
room 18
Type Living Room
Level Main
Dimensions 16X17
Flooring Hardwood
Window Treatments Blinds
room 19
Type Master Bedroom
Level Main
Dimensions 12X13
Flooring Carpet
Window Treatments Blinds
Bath None
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 71-80 Years
Approx Year Built 1950
Parking Total 2
Driveway Concrete
Exposure South
Exterior Building Type Vinyl Siding
Exterior Property Features Deck
Foundation Concrete Perimeter
Garage Details Garage Door Opener(s), Transmitter(s), Heated, Tandem
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Air Conditioning Central Air
CommunityFeatures Lake, Dock, Water Rights, Sidewalks, Street Lights, Street Paved
Area Major Fox Lake
Corporate Limits Fox Lake
Directions Grand East of Rt 12 on corner of York & Grand
Electricity Circuit Breakers, 200+ Amp Service
Equipment Humidifier, TV-Dish, CO Detectors, Ceiling Fan(s), Fan-Attic Exhaust, Sump Pump
Elementary School Lotus School
Elementary Sch Dist 114
Heat/Fuel Natural Gas, Forced Air
High Sch Grant Community High School
High Sch Dist 124
Sewer Public Sewer
Water Public
Jr High/Middle School Stanton School
Jr High/Middle Dist 114
Subdivision Atwater Park
Township Grant
Waterfront Yes

Financials

Financing Conventional
Investment Profile Residential

Tax/Assessments/Liens

Master Association Fee($) $45
Frequency Voluntary
Master Association Fee No
Assessment Includes Lake Rights, Other
Master Association Fee Frequency Not Required
PIN 05101030190000
Special Assessments N
Taxes $8,404
Tax Year 2022
$475,000 Listing Price:
MLS # 11962803
Investment Profile Residential
Listing Market Time 33 days
Basement Full
Type Detached 1 Story
Parking Garage
List Date 01/24/2024
Year Built 1950
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