This exceptional 18-acre waterfront commercial land parcel presents a unique investment opportunity in Fox Lake, Illinois. Located on US Highway 12, this highly visible site boasts 19,100 vehicles per day passing by, ensuring significant exposure for any development. Its strategic location offers easy access to the Metra train station, I-94 (within 20 minutes), Lake Geneva (within 15 minutes), O'Hare International Airport (within 40 miles), and Milwaukee Airport (within 40 miles). The property is situated adjacent to a new Culver's and Ben Watt's Marina, providing immediate proximity to established businesses and recreational amenities. The city actively encourages development, with approvals in place for 4, 5, or 6-story structures. Utilities are readily available on-site. This mixed-use zoned property offers unparalleled flexibility, accommodating a wide range of development possibilities, including hotels, condominiums, multifamily housing, amusement venues, retail spaces, or office complexes. For added convenience, the site is divisible down to 1-2 acre parcels. The asking price is $4,555,000. This is a rare chance to acquire a substantial, strategically located commercial property with significant development potential in a thriving community. The address is 80 US-12, Fox Lake, IL 60020, in Lake County.
Highlights
Mixed-use development site with city approvals for 4-6 stories.
Utilities available on-site.
19,100 VPD frontage on US Highway 12.
Walking distance to Metra station.
20-minute drive to I-94, 15-minute drive to Lake Geneva.
Within 40 miles of O'Hare and Milwaukee airports.
Property Details
for 80 Us-12
Property type
Land
Lot Size (sq. ft)
784,080 SF
Location Insight
City
Fox Lake
County
Lake
State
Illinois
Latitude
42.390363
Longitude
-88.182845
Nearby Similar for Sale
For SaleCall for price
Fox Lake Commercial Land Investment
5.71-acre commercial lot, prime multifamily development.
This property features: Mixed-use development site with city approvals for 4-6 stories.; Utilities available on-site.; 19,100 VPD frontage on US Highway 12.
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Contacts
Eddy Dingman
Lewis Kaplan
Visit Broker Website
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Useful Information
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Us-12 Fox Lake, IL 60020
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Us-12 Fox Lake, IL 60020
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Disclaimer
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We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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80 Us-12
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