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154 N Us Highway 12

Fox Lake, IL 60020
  • $389,000
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 11303178
New On Site 5 Days Ago
UPDATED: 36 min ago
$389,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1927
County:
Area:

School Ratings & Info

Description

Waterfront commercial opportunity with pier on Pistakee Lake! This full service, remodeled restaurant has a large apartment above it and 2 plus car garage. The restaurant is currently leased to a business that is willing to remain operating/renting or bring in your own crew and menu! The restaurant equipment is included in the sale price and this is turn key. Known for years as the Marine Grill this location has fantastic exposure on busy Route 12. There is a dual pylon sign on site shared by Bauske Boat Basin that is visible from Route 12, Nippersink and Pistakee Lakes. Outdoor seating available in front with plans for additional outdoor dining deck approved by Fox Lake. Restaurant was tastefully remodeled over the past few years and shows well. The large apartment is currently leased. Note the property is served by municipal sewer and water! Investors and end users alike will find this property intriguing. The restaurant can also be repurposed. Possible bar, professional office, boat sales, auto sales, electronic gaming (with Village approval). Do not disturb tenants. Please allow 24 hour notice for all showings. Owner looking to reinvest in new venture.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2022-01-18T15:00:09.41 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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154 N Us Highway 12 Fox Lake, IL 60020

  • Price: $389,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 36 min ago
  • MLS #: 11303178
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1927
Built
Neighborhood:
Fox Lake
County:
Lake
Area:
Fox Lake
Property Description
Waterfront commercial opportunity with pier on Pistakee Lake! This full service, remodeled restaurant has a large apartment above it and 2 plus car garage. The restaurant is currently leased to a business that is willing to remain operating/renting or bring in your own crew and menu! The restaurant equipment is included in the sale price and this is turn key. Known for years as the Marine Grill this location has fantastic exposure on busy Route 12. There is a dual pylon sign on site shared by Bauske Boat Basin that is visible from Route 12, Nippersink and Pistakee Lakes. Outdoor seating available in front with plans for additional outdoor dining deck approved by Fox Lake. Restaurant was tastefully remodeled over the past few years and shows well. The large apartment is currently leased. Note the property is served by municipal sewer and water! Investors and end users alike will find this property intriguing. The restaurant can also be repurposed. Possible bar, professional office, boat sales, auto sales, electronic gaming (with Village approval). Do not disturb tenants. Please allow 24 hour notice for all showings. Owner looking to reinvest in new venture.
Exterior Features

Docks None Exterior Building Type Frame Frontage Type Public RoadUs Highway Outdoor Parking 19-30 Spaces Parking Total 20 Roof Composition Roof Structure Mansard

Interior Features

Cooling Central Air Flooring CarpetTileVariesVinylOther Heat Ventilation Central Bldg HeatForced AirGas Miscellaneous Inside Multi-TenantPrivate Restroom/SPublic Restroom/SStorage InsideBasement Number Of Dishwashers 1 Number Of Dryers 1 Number Of Ranges 2 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 2748 Built Before1978 YN Yes Current Use Commercial Electric Circuit Breakers Fire Protection Alarm MonitoredFire Extinguisher/S Geographic Locale Northwest SuburbanNorth Suburban Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Location Central Business DistrictLake FrontWater FrontWater View Net Operating Income 0 Number Of Tenants 2 Operating Expense 0 Ownership Types Individual Possible Use CommercialSpecial Use Property Sub Type Apts/Stores Rental Price 0 Seller Needs Cash Tax Annual Amount 6381 Tax Year 2020 Tenant Pays Other Total Monthly Income 0 Township Grant Type Mixed Use Utilities Electric To SiteGas To Site Zoning Other

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Robert E. Frank Real Estate.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2022-01-18T15:00:09.41 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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