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$399,900 Just Listed
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Property Description
Great Investment building for the Investor or Owner occupant. Four unit building with great exposure right on Highway 12 in Fox Lake. Two side by side commercial units on the main level and an efficiency apartment unit. One side is leased out by a Barber that has been there for 4 years and would like to stay. Second unit is currently vacant, has been totally remodeled, and ready to lease @$1500.00/mo or become owner occupied. Second unit has access to around 440 Sq' Ft of finished office or storage space in Basement. The efficiency apartment in rear of building on the main level is one big room, bedroom area, kitchen area, and a bathroom. The second floor has a large living room open to the Kitchen, 2 bedrooms, 1 full bath, and a walk out roof top patio. The full basement is clean and has the mechanicals and lots of storage space. This building has been well maintained, sits on 2 lots (.34 acres), and has parking for around 25 cars. The current tenents are all on a month to month lease. Contact agent for showings.
Full Property Details
Full Property Details for 21 S US Hwy 12 Hwy
General
- Price: $399,900
- Taxes: $12,458 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12568397
- Updated: 2/13/2026
- Added to Site: 1 day(s) ago
Location
- Area: Fox Lake
- County: Lake
- Township: Grant
- Driving Directions: On Hwy 12 south of Grand Avenue on East side.
- Location Details: North Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Forced Air, Gas
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available
Structural Information
- Construction: Vinyl Siding, Brick, Block
- Exterior Const.: Vinyl Siding, Brick, Block
- Foundation: Concrete Perimeter
- Roof: Composition, Rubber, Other
- Stories/Levels: 2
- Square Feet: 3,078
- Current Bldg. Use: Commercial, Other
- # of Stores: 2
- Year Built: 1976
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 15,000
- Lot Dimensions: 100 x 150
- Frontage: US Highway
- Zoning: COMMR
Financial Considerations
- Lease Price: $17
- Insurance Fee: $4,265
- Operating Expenses: $19,811
- Assessment Year: 1976
- Tax Amount: $12,458.04
- Tax Year: 2024
Disclosures and Reports
- Documents Avail.: Aerial Map, Legal-Description, Tax Bill
- Property ID: 5092000340000
Listed by Realty World Tiffany R.E.
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Schools
Schools serving 21 S US Hwy 12 Hwy
School Districts:Fox Lake Grade School District 114, Grant Community High School District 124
| Name | Grades | Distance |
|---|---|---|
Stanton School 101 Hawthorne Lane, Fox Lake, IL 60020 | 5-8 | 1.2 mi |
Lotus School 29067 W Grass Lake Rd, Spring Grove, IL 60081 | PK-4 | 2.1 mi |
Grant Community High School 285 East Grand Avenue, Fox Lake, IL 60020 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 21 S US Hwy 12 Hwy
Date
Details
Price
Change
Source
2/13/2026
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 21 S US Hwy 12 Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,418
15%
$126,019
6%
2023
$9,054
6%
$118,718
19%
2022
$8,550
—
$99,516
9%
2021
$8,569
-6%
$91,273
1%
2020
$9,095
—
$89,968
-6%
2019
$9,095
-2%
$95,862
2%
2018
$9,248
4%
$94,419
-1%
2017
$8,913
-9%
$95,421
9%
2016
$9,765
5%
$87,270
7%
2015
$9,314
1%
$81,439
—
2014
$9,253
4%
$81,439
—
2013
$8,874
10%
$81,034
-3%
2012
$8,060
—
$83,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 21 S US Hwy 12 Hwy
21 S US Highway 12 Highway, Fox Lake, IL 60020 (MLS# 12568397) is a Commercial property. 21 S US Highway 12 Highway is currently listed for $399,900 and was received on February 13, 2026. Want to learn more about 21 S US Highway 12 Highway? Do you have questions about finding other Commercial real estate for sale in Fox Lake? You can browse all Fox Lake real estate or contact a Coldwell Banker agent to request more information.

