Contact us: 563.441.1776
Description
Excellent location in the central business district, this property comes with the prime opportunity to utilize the existing large warehouse building or develop the land for a new commercial use. Located next to the PUD for entertainment development as well as the new Culver's and Ben Watt's Marina. Prior use was an automotive repair shop and showroom. There are three rooms for repairs with two story ceilings and 5 large Drive in Doors. Multiple hanging heaters, high level shop lighting, and floor drain still in place. Lifts and all other equipment have been removed. There is one large showroom in front and multiple offices behind. Ideal location for redevelopment into a retail space with the incredible visibility on HWY 12. Owner will consider financing. Phase 2 Environmental has been completed and came back clean. All measurements approximate and to be verified by buyer and buyer's agent.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1990
Lot Size: 2.73 acres
General Information
County: Lake
Listed By:
Lakes Realty Group
224-225-1139
MRED MLS
MLS ID: 12795731
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90 S Us Highway 12 , Fox Lake, IL 60020.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $2,500,000 | $2,500,000 | $2,500,000 |
| Down Payment | $87,500 | $0 | $500,000 |
| Monthly Mortgage Amount | $16,126 | $17,205 | $13,814 |
| Taxes | $3479 | $3479 | $3479 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $1,501 | $0 | $0 |
| Monthly Estimated Total | $21,835 | $21,413 | $18,022 |
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