Waterfront Re-Development Opportunity (Multifamily w/ Boat Slips) • US Highway 12 • Fox Lake, Illinois
| Price: | $2,890,000 |
| Property Type: | Waterfront |
| Property Use Type: | Waterfront + Multi-Family |
| Lot Size: | 9+/- Acres |
| Listing Agent: | Eddy A. Dingman |
| Agent Phone: | 847-987-6626 |
Property Details
The property consists of six parcels that total 9+/- acres and can be redeveloped as prime waterfront property with multi-family housing and boat slips.
The property is strategically located between the City of Chicago and Milwaukee, lending itself as a favorable area for
waterfront living on Fox Lake, where swimming, boating, jet skiing, tubing and boarding are popular activities.
The site abuts the Nippersink Creek and is located in between Nippersink Lake (to the north) and Pistakee Lake (to the south), immediately south of North U.S. Highway 12. The site is served with most utilities and all necessary road improvements / infrastructure are available to the site lines. It is improved with a seawall along Nippersink Creek.
PROPERTY BEING SOLD AS RE-DEVELOPMENT
SUBJECT PROPERTY HAS INCOME OF OVER $280,000 YEAR (SLIPS/GAS/STORAGE)
NO FINANCIALS SUPPLIED