Land for Sale: 7220 State Park, Fox Lake, IL 60020

$4,800,000
$4,800,000
7220 State Park, Fox Lake, IL 60020
$4,800,000
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Price:
$4,800,000
$700,000 - 09/25/2024

Type Lot/Land
Lot Size 102.35 acres

City Fox Lake
County Lake
School District 124

MLS 12056895
Status Active
Your next development opportunity has arrived! With 102 acres of land ideally situated for residential development in the picturesque Chain-O-Lakes area, the potential for this project is significant and the developer will have the Village of Fox Lake's full support. Currently a majestic golf course with rolling hills and mature trees, this is a truly unique property. Highly attractive location within close proximity to essential amenities like shopping, restaurants, highways, and a hospital, as well as recreational activities like boating and access to the lake life. Suitable for both 55+ and traditional single-family or multifamily developments. This past Fall, the tree line on the property was trimmed back for enhanced safety and increased aesthetic which is one less maintenance item prior to development. A 7,000-square-foot clubhouse, with a recent exterior renovation and capacity to entertain 125+ guests, offers an excellent opportunity to create a community space for the neighborhood and can also be used immediately as a sales office. Opportunity awaits to develop a residential community in the rapidly growing Chain-O-Lakes area. Preview the property through the Virtual Tour link above and then contact the agent to see it in person.

Virtual Tours for 7220 State Park Fox Lake, IL

Lot & Building Features

Tax Year 2022
Lot Dimensions 1327 X 2649 X 2276 X 3372 ft

Community and Schools

Elementary School 114
Senior High School Grant Community High School

Price History of 7220 State Park, Fox Lake, IL

Date Name Price Difference
09/25/2024 Price Adjustment $4,800,000 12.73%
07/30/2024 Price Adjustment $5,500,000 15.38%
12/31/1969 Listing Price $6,500,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of The Fitzpatrick Team
Listed by Compass, Mo Marienthal
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7220 State Park (MLS #12056895) is a lot/land listing located in Fox Lake, IL. This is a lot/land listing with a lot of 4,458,366 sqft (or 102.35 acres). This property was listed on 05/29/2024 and has been priced for sale at $4,800,000.

Nearby zip codes are 60002, 60050, 60051, 60081 and 60140. This property neighbors other cities such as Antioch, Hampshire, Mchenry, Spring Grove and Volo.

Midwest Real Estate Data

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: Compass