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256 E Grand Avenue, Fox Lake, IL 60020
$395,000
256 E Grand Avenue, Fox Lake, IL 60020View this property at 256 E Grand Avenue, Fox Lake, IL 60020
256 E Grand AvenueFox LakeIL60020
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Property Description
Attention investors, fantastic opportunity for a fully leased turnkey investment! Conveniently located near Metra, Grant high school & downtown Fox Lake. All units have been remodeled in the last 3 years, along with asphalt parking areas, water heater, HVAC, and more. Call for a list of recent improvements! 3 apartments and cottage bring in $3200/month, storefront which rents for $1075, garage rented for $500, for a total of $4775/month. All units are separately metered, so tenants pay own gas and electric. Hurry before its gone!
Full Property Details
Full Property Details for 256 E Grand Ave
General
- Sold For: $395,000
- Taxes: $5,560 (2021)
- Status: Closed
- Type: Commercial
- MLS ID: 11415585
- Added to Site: 700 day(s) ago
Interior
- Flooring: Varies
Additional Information
- Security/Safety: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Parking
- Total Spaces: 20
Location
- Area: Fox Lake
- County: Lake
- Driving Directions: Grand Ave. East of Route 12 to address
- Location Details: Northwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Electric, Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Municipal Water
Structural Information
- Construction: Wood Frame
- Exterior Const.: Aluminum Siding, Frame
- Foundation: Stone
- Roof: Composition
- Sub-Flooring: Varies
- Stories/Levels: 2
- Square Feet: 3,754
- Current Bldg. Use: Commercial, Other
- # of Stores: 1
- Year Built: 1950
- Built Before 1978: Yes
Unit Information
- # Tenants: 5
- Units w/Refrigerators: 4
- Units w/Range/Oven: 4
Lot Features
- Lot Size (Sq. Ft.): 19,602
- Lot Dimensions: 106 x 150
- Frontage: County Road
- Drainage: Storm Sewers
- Potential Use: Commercial, Multi-Family, Retail
- Zoning: COMMR
Financial Considerations
- Security Deposit: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
- Assessment Year: 1950
- Tax Amount: $5,560.8
- Tax Year: 2021
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Documents Avail.: Aerial Map, Rent Roll, Leases, Tax Bill
- Property ID: 5102000300000
Listed by Robert E. Frank Real Estate
Sold by Vylla Home
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Schools
Schools serving 256 E Grand Ave
School Districts:Grant Community High School District 124, Fox Lake Gsd 114
Rating | Name | Grades | Distance |
---|---|---|---|
29067 W Grass Lake Rd, Spring Grove, IL 60081 | PK-5 | 2.6 mi | |
101 Hawthorne Ln, Fox Lake, IL 60020 | 6-8 | 0.3 mi | |
285 E Grand Ave, Fox Lake, IL 60020 | 9-12 | 0.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 256 E Grand Ave
Date
Details
Price
Change
Source
9/27/2022
Sold
$395,000
-1.23%
MLS
8/03/2022
Price Reduced
$399,900
-6.78%
MLS
5/25/2022
Listed
$429,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
256 E Grand Avenue, Fox Lake, IL 60020 (MLS# 11415585) is a Commercial property that was sold at $395,000 on September 27, 2022. Want to learn more about 256 E Grand Avenue? 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.