Water Views - Eco Friendly
Address
34 W Grand Avenue Fox Lake, IL
Price
$ 229,000
Property Attributes
  • MLS#10885201
  • TypeCommercial
  • CountyLAKE
  • CityFox Lake
  • AreaFox Lake
  • NeighborhoodKings Island
  • Zip60020
  • StyleCommercial,Industrial,Office and Research,Retail
  • Year Built1940
  • Taxes1301
  • Price$ 229,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1800
  • Lot Size1,307 SqFt
Listing Provided Courtesy Of:
Graff Realty
Property Description

8 total office spaces. 7 are leased with one remaining for your use or to lease. AS-IS on 30% down/5% APR: Unleveraged return of 7.09%; Leveraged return of 7.35%. PROFORMA on fully leased (non-owner occupied) on same basis: 9.4% Unleveraged return of 9.4%; Leveraged return of 15.2%. Unbeatable location. Gorgeous lakeviews from each unit. Walk to the lake and keep business lunches efficient with Docker's Restaurant directly across the street. Building was gut-rehabbed and fully updated in the late 90's. In excellent condition. Ample parking. Located within walking distance to the Fox Lake Metra Station (Milwaukee District North Line) for easy access to Southerly clientele and partners, meanwhile, maintaining an affordable and stately office base with your own personal suite address. When the warm weather hits you'll never want to go home!

Price History
9/29/2020 Listed $229,000

General Features

Property SubType Office
Property Type Office/Tech
Property Type Commercial Sale
Roof Composition
Standard Status Active
Zoning COMMR

Exterior Features

Building Area Total 1800
Exterior Vinyl Siding
Lot Dimensions 30X50

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

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

Property vs Zip Code Average in 60020

Price
AVG $240K
$230K
Taxes
AVG $10,858
$1,301
Year Built
AVG 1977
1940
Walkscore
AVG 56
54
Data Provided by Walkscore ® not using MLS data

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