Property for Sale: 512 Park, Fox Lake, IL 60020 SOLD
$775,000
$775,000
512 Park,
Fox Lake, IL 60020 SOLD
$775,000
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Selling Price: $775,000
Original List Price: $985,000
Sold at 78.7% of list price
Sold Date: 04/05/2019
Type Commercial
Year Built 1953
City Fox Lake
County Lake
MLS 09987166
Status Closed
This is a turn key business in the fall and spring. 94 slips - $1200-$1500/slip. Property appraised at $1,250,000 in 2017; floating docks which do not have to be taken in every year appraised for $780,000. (Floating docks have a shelf life of 40 years.) Key required to gain access to docks. Next door to Freddie's Restaurant with a 400 seat occupancy. Management exposure is minimal, could be a hobby operation. Owner also now does shrink wrapping, in and out movement of boats. Home on premises features two bedrooms, hardwood floors, new windows, lake view, and 25x25 barn with cement floor. All on 3/4 of an acre! Owner is moving to his other home in Door County. He is open to contract sales and other offers. Seller would consider other financing options.
Lot & Building Features
Construction Wood Frame
Cooling Central Air
Tax Year 2016
Lot Dimensions 145 X 236 X 100 X 341 ft
Price History of 512 Park, Fox Lake, IL
Date | Name | Price | Difference |
---|---|---|---|
07/12/2018 | Price Adjustment | $775,000 | 21.32% |
12/31/1969 | Listing Price | $985,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Baird & Warner Real Estate - Algonquin |