Lakefront commercial opportunity! Former tavern with 7 residential apartments on the water (with piers) that is currently completely vacant. Possible short term rentals, subject to village approval. The property needs work, but has tremendous potential! There are three buildings on the property located at the corner of Arthur and Cathryn overlooking Nippersink Lake on the Chain! Great sunset views and a beautiful deck. There is a road easement that goes through the property. Gaming machines may be possible. Located near the downtown, the train, and the Lakefront Park where they have summer concerts every week. Approximately 80′ of lake frontage.
Property Details
Price:
$579,000
MLS #:
MRD12670035
Status:
Active
Beds:
0
Baths:
0
Type:
Business
Neighborhood:
foxlake
Listed Date:
Jun 6, 2026
Total Sq Ft:
4,404
See this Listing
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Wood
Roof
Composition
Stories
2
Financial
Tax Year
2025
Taxes
$13,459
Map
Community
- Address137-139 Arthur Avenue Fox Lake IL
- CityFox Lake
- CountyLake
- Zip Code60020
Market Summary
Property Summary
- 137-139 Arthur Avenue Fox Lake IL is a Business for sale in Fox Lake, IL, 60020. It is listed for $579,000
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Copyright 2026. All rights reserved.
137-139 Arthur Avenue
Fox Lake, IL


