1225 S US Hwy 12, FOX LAKE IL 60020 Photo 1 1225 S US Hwy 12, FOX LAKE IL 60020 Photo 2 1225 S US Hwy 12, FOX LAKE IL 60020 Photo 3
Listing Courtesy of Re/Max Showcase

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1225 S US Hwy 12 - MUST SELL and PRICE REDUCED AGAIN! This is a great retail corner with heavy traffic counts and great visibility. Over 40,000 cars per day pass through this intersection. Jewel, Menards, Home Depot, Starbucks, Aldi, Wendys and other retailers are at this intersection now!! HUGE price reduction from the last time this was on the market. The sellers are looking for a clean deal this time around. Access is restricted by IDOT (no access from Route 12). There is existing income from three billboards on the site. There is a home on the property that is a tear down. No identified floodplain or wetlands. All utilities are available and the property is zoned B-3 commercial in the village of Fox Lake. There are four parcels and the property can be divided. Great investment property with development potential!!

Listing information

  • MLS® ID: 09141186
  • Stories: 0
  • Foreclosure: No
  • Estimated Annual Taxes: $12,320
  • Style: Lot/Land
  • Parking Type Description: None 0 cars
  • Lot Area: 3.50
  • County: Lake
  • Status: Active with Contingency
  • New Construction: No
  • Lot Size: 602 X 367

Features

Area Fox Lake
Backup Info Demographics, Leases-Copies, Title Report, Traffic Counts
Backup Package (Y/N) Yes
Basement Bathrooms (Y/N) No
Bldg Improvements House
Building(s) on Land Yes
Contingency Flag Other Contingency
Current Use No Development Status
Farm No
Franchisor Feed(y/n) No
Frontage/Access State Road, US Highway
General Information None
Known Existing Liens First Mortgage
Land Amenities Other
Land Description Sloping
Location Central Business District, Corner
Lot Size 3.0-3.99 Acres
Other Front Footage - 602, Special Service Area - N, Tax Year - 2014, Total Listed Lots Avail - 4, Township - Grant, Zoning Type - Commr
Ownership Fee Simple
Ownership Type Land Trust
Possession Closing
Potential Use Commercial, Retail
Property Type Land
Road Surface Asphalt
Special Assessments N
Special Compensation Info. None
Utilities To Site Electric to Site, Gas to Site, Sanitary Sewer Nearby, Water to Site, Water-Municipal
Waterfront (Y/N) No
Listing Courtesy of Re/Max Showcase