For Sale
$4,555,000

80 Us-12 Fox Lake, IL 60020

18 Acres, Prime Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
133
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

FAQs

What type of property is this?
Land - 18 Acres, Prime Development Opportunity
Where is the land located?
The property is located at 80 Us-12 Fox Lake, IL.
What is the asking price?
The asking price for this property is $4,555,000.
What are key features of this property?
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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
80 Us-12
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message