50 N Lake Avenue Fox Lake IL 60020 MLS #MRD12429978

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Rare opportunity to own 40 feet of prime lake frontage on beautiful Mineola Bay in Fox Lake! This multi-unit property includes four separate cabins-three are currently leased, and one is vacant and ready for immediate occupancy. Whether you’re looking for rental income to help offset costs or dreaming of a lakeside family compound where everyone has their own private space, this property delivers. Boaters will love the convenience of docking right outside-no need to trailer your boat home. Recent updates throughout, including full renovations of two front units in 2021 and 2022, plus updates to a third unit in 2014. Properties like this are few and far between on the Chain of Lakes-come take a look and explore the possibilities!

Property Details

Price:
$549,873
MLS #:
MRD12429978
Status:
Active
Beds:
7
Baths:
12
Type:
Multi Family
Neighborhood:
Fox Lake
Listed Date:
Jul 30, 2025
Year Built:
1943
WaterfrontFox LakeFox LakeStanton SchoolGrant Community High School

Schools

School District:
124
Elementary School:
Stanton School
High School:
Grant Community High School

Interior

Heating
Natural Gas, Forced Air

Exterior

Architectural Style
Cottage
Community Features
Dock, Water Rights, Sidewalks, Street Paved
Construction Materials
Aluminum Siding, Vinyl Siding, Steel Siding
Exterior Features
Dock
Other Structures
Second Residence
Parking Features
Off Street, On Site, Owned
Parking Spots
4
Roof
Asphalt

Financial

Tax Year
2023
Taxes
$13,294

Listing Agent & Office

Thomas Domasik
RE/MAX 10 in the Park

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