1600 S US Highway 12, FOX LAKE IL 60020 Photo 1 1600 S US Highway 12, FOX LAKE IL 60020 Photo 2 1600 S US Highway 12, FOX LAKE IL 60020 Photo 3 1600 S US Highway 12, FOX LAKE IL 60020 Photo 4 1600 S US Highway 12, FOX LAKE IL 60020 Photo 5 1600 S US Highway 12, FOX LAKE IL 60020 Photo 6 1600 S US Highway 12, FOX LAKE IL 60020 Photo 7 1600 S US Highway 12, FOX LAKE IL 60020 Photo 8 1600 S US Highway 12, FOX LAKE IL 60020 Photo 9 1600 S US Highway 12, FOX LAKE IL 60020 Photo 10
Listing Courtesy of Re/Max Plaza

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1600 S US Highway 12 - Prime 27 acre Route 12 development site in Fox Lake. Next to Menards, Jewel Osco, Wendy's, Perfect location for Mega Boat storage facility or Boat Sales and service showroom. Room for 1000's of Boats. might also work for High density housing or Senior living campus Water to site, sewer is close to site. So much opportunity! Don't miss out on this one! Rental income from 5600 sq ft building currently used for boat repair/storage/sales business. Potential rental income from home on property. Value is in the land. Buildings could be a tear down.

Listing information

  • MLS® ID: 09259742
  • Status: Active
  • New Construction: No
  • County: Lake
  • Style: Mixed Use
  • Stories: 1
  • Foreclosure: No
  • Year Built: 1900
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $22,762

Features

Air Conditioning None
Approximate Age Older
Built Before 1978 (Y/N) Yes
Construction Steel
Current Use Commercial, Legal Non Conforming
Exterior Building Type Aluminum Siding
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access Frontage Road, Signal Intersection, US Highway
Fuel Expense Source Owner Projection
Geographic Locale Northwest Suburban
Heat/Ventilation Forced Air
Indoor Parking Over 100 Spaces
Information Show-Call Listing Office
Location Commercial Business Park, Corner, Mixed Use Area
Other # Of Apts - 1, # Of Offices - 0, # Of Tenants - 2, # Of Units - 2, Approx Total Bldg Sq Ft - 5648, Electricity Expense - 0, Estimated Tax/Sf - 0, Expense Year - 2015, Fuel Expense - 0, Gross Rent Multiplier - 26.6, Gross Rental Income $ - 30000, Insurance Expense - 0, Net Oper Income $ - 30000, Net Operating Income Year - 2015, Other Expenses - 0, Scavenger Expense - 0, Tax Year - 2015, Total Annual Exp - 0, Total Annual Income - 30000, Total Monthly Income - 2500, Township - Grant, Water Expense - 0, Zoning Type - Commr
Outdoor Parking 19-30 Spaces
Owners Assoc (Y/N) No
Ownership Type Land Trust
Possession Closing, Tenant's Rights
Potential Use Commercial, Condominium, Industrial/Mfg, Office and Research, Planned Unit Development, Residential-Multi-Family, Retail
Property Type Mixed Use
Roof Coverings Metal
Roof Structure Pitched
Sale Terms Conventional
Tenant Pays Electric, Heat, Insurance
Unincorporated (Y/N) No
Utilities To Site Electric to Site, Gas to Site, Sanitary Sewer Nearby, Septic-Private, Water to Site, Water-Municipal
Listing Courtesy of Re/Max Plaza