Fox Lake, IL 60020 129 S US Highway 12
$400,000
Sold: Feb 21, 2025
9 more
Presented By: RE/MAX Showcase
SQFT • 5,000
Home Details
Freestanding building on Route 12 across from Watt's Marina on the Chain-O-Lakes! The first floor is about 3,700 SF with a retail showroom and four overhead doors for workshop/ automotive type space. The second floor was a 2 bedroom apartment that could be office space or part of the business downstairs. There is a fully fenced in outside yard in back of the building large enough for approximately 20 vehicles. High traffic commercial area with approximately 25,000 cars per day. A new car dealership is being constructed just a few hundred feet north. Located in a TIF district which may offer incentives for redevelopment. Great potential for many business opportunities!
Presented By: RE/MAX Showcase
General for 129 S US Highway 12
Additional Parcels Y/NNo
CityFox Lake
Close Price400000
Construction MaterialsBrick, Concrete
CoolingCentral Air
CountyLake
Current UseCommercial, Automotive
DirectionsRoute 12 going north of Route 134 to address on the right side of the street
ElectricCircuit Breakers, Three Phase
Gross Income
Insurance Expense3500
Leasable Area5000
Lease TypeModified Gross
Lot Size Square Feet18000
MLS AreaFox Lake
Net Operating Income0
PossessionClosing
Property TypeCommercial Sale
Property TypeRetail/Stores
RoofMetal, Rubber
Standard StatusClosed
StatusClosed
Stories2
Tax Annual Amount11849
Tax Year2023
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Repairs, Tax Stops, Sewer
Total Actual Rent3900
TownshipGrant
Year Built1945
ZoningCOMMR
Interior for 129 S US Highway 12
FlooringCarpet, Concrete, Tile
Exterior for 129 S US Highway 12
Building Area Total5000
Foundation DetailsConcrete Perimeter
Frontage TypeState Road
Lot Dimensions116 X 130 X 126 X 142
Additional Details
Price History
