Eco Friendly
Address
74 E Grand Avenue Fox Lake, IL
Price
$ 299,900
Property Attributes
  • MLS#10604534
  • TypeCommercial
  • CountyLAKE
  • CityFox Lake
  • AreaFox Lake
  • NeighborhoodKings Island
  • Zip60020
  • StyleOffice
  • Year Built1967
  • Taxes$ 11159
  • Price$ 299,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4588
  • Lot Size0.5 Acres
Listing Provided Courtesy Of:
RE/MAX Showcase
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

First time ever on the market: Solid brick, professional office building. Well located in downtown Fox Lake near shopping and transportation including the Metra commuter station. Built in 1967 and occupied by the original law firm that has been there ever since. The law firm occupies just under half of the building and would either move or lease back. The building consists of a common vestibule and foyer, plus two reception areas, numerous private offices, conference room, library and one men's bath and one women's bath. Large half acre lot with plenty of parking and great visibility on Grand Avenue. Well maintained building with a new boiler and central air. Great price at less than last appraisal in 2010. Zoned D (downtown) which allows for most office and retail uses. The building is available for sale or lease and the vacant space can easily be divided into smaller offices for less rent. The income figures are projected based on a new lease w/ law firm and other tenant

Price History
1/7/2020 Listed $315,000
8/18/2020 5% - $299,900

General Features

Additional Parcels Y/N Yes
City Fox Lake
Construction Materials Brick, Concrete
Cooling Central Air
County Lake
Current Use Office
Days on Market 672
Directions Route 12 to Grand Avenue east to property located in front of the village hall
Electric Circuit Breakers, Separate Meters
Flooring Carpet
Grossincome 55000
Leasable Area 4588
Lease Type Gross
Lot Size Square Feet 22000
MLS Area Fox Lake
Net Operating Income 28000
Operatingexpense 20000
Possible Use Commercial
Property SubType Office
Property Type Office/Tech
Property Type Commercial Sale
Standard Status Active
Status Active
Stories 1
Street Name Grand
Tax Annual Amount 11159
Tax Year 2020
Tenant Pays Air Conditioning, Common Area Maintenance, Electricity, Heat, Sewer
Total Units 3
Township Grant
Utilities Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
Year Built 1967
Zoning COMMR

Interior Features

Street Suffix Avenue

Exterior Features

Building Area Total 4588
Exterior Brick
Foundation Details Concrete Perimeter
Frontage Type State Road
Lot Dimensions 100 X 220
Lot Size Acres 0.5
Total Parking 30

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60020

Price
AVG $170K
$300K
Taxes
AVG $11,341
$11,159
Visits
AVG 165
453
Year Built
AVG 1975
1967
Walkscore
AVG 55
65
Data Provided by Walkscore ® not using MLS data

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