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$590,000 Just Listed
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Property Description
Welcome to this beautifully remodeled lake-area retreat with rare deeded access to the Chain O'Lakes, one of the most sought-after recreational water systems in Northern Illinois. Enjoy boating, dining, fishing, and waterfront living all summer long-directly from your private deeded strip of land with your own pier. Opportunities like this are hard to find and highly desirable. This spacious home offers over 3,100 square feet across three full levels of above-grade living space, making it ideal for large families, multi-generational living, or those who love to entertain. Completely renovated in 2020, the home blends modern finishes with warm, light-filled interiors and exceptional flexibility. The main living areas are filled with natural light from large windows throughout, creating a bright, open feel. Multiple balconies provide peaceful water views, enhancing the lake-lifestyle atmosphere. The expansive primary suite features a private en-suite bath and a connected office or nursery, perfect for remote work or growing families. The lower level is fully above ground, with large windows and an open living area featuring a built-in wet bar-ideal for an in-law suite, guest quarters, teen retreat, or entertainment space. Enjoy the outdoors with a custom granite bar area, perfect for summer gatherings. Then head down to your private Chain-of-Lakes access, where your own pier provides easy entry to one of the region's most popular boating and recreation destinations. Major Updates and Features 1 Rare deeded access to the Chain O'Lakes 2 Private strip of land with your own pier 3 Full remodel completed in 2020 4 New roof in 2023 5 Attic insulation redone in 2025 6 New stove installed in 2025 7 Fresh interior paint in 2025-2026 8 Newer HVAC systems 9 Updated bathrooms throughout 10 2.5-car garage 11 Multiple balconies with water views 12 Three full levels of above-grade living space This home offers the rare combination of size, flexibility, natural light, and direct access to the Chain O'Lakes, making it perfect for families, entertainers, or anyone seeking a true waterfront lifestyle without full waterfront pricing.
Full Property Details
Full Property Details for 49 N Lake Ave
General
- Price: $590,000
- Taxes: $8,636 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12574282
- Updated: Today (2/21/2026)
- Added to Site: Today
Rental Information
- Complex Features: Lake, Water Rights, Street Paved
Interior
- Basement: Finished, F
- Interior Features: Wet Bar, 1st-Floor Bedroom, 1st-Floor Bath
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Ceiling Fan(s), Sump Pump
- Other Features: School Bus Service
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Fox Lake
- County: Lake
- Township: Grant
- Driving Directions: ROUTE 12 (RAND ROAD) TO GRAND AVENUE, HEAD WEST ON GRAND AV, UNTIL YO REACH N. LAKE AVENUE, TURN NORTH ONTO N LAKE AVENUE TO 49 N LAKE.
School Information
- School District: 114
- Elem School District: 114
- Midd School District: 114
- High School District: 124
- Elementary School: Stanton
- High School: Grant Community High School
- Private School: Grant Community High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full
- Foundation: Block
- Roof: Asphalt
- Sub-Flooring: Laminate
- Square Feet: 3,192
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 1930
- Built Before 1978: Yes
- Remodeled/Updated: 2020
Lot Features
- Lot Size (Acres): 0.24
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: .24
Water Features
- Water Front Desc.: Lake Front
- Lake Front: Yes
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1930
- Tax Amount: $8,636.64
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 5102070240000
Listed by Circle One Realty
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Schools
Schools serving 49 N Lake Ave
School Districts:Grant Community High School District 124, Fox Lake Grade School District 114
| Name | Grades | Distance |
|---|---|---|
Stanton School 101 Hawthorne Lane, Fox Lake, IL 60020 | 5-8 | 0.5 mi |
Lotus School 29067 W Grass Lake Rd, Spring Grove, IL 60081 | PK-4 | 2.4 mi |
Grant Community High School 285 East Grand Avenue, Fox Lake, IL 60020 | 9-12 | 0.3 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 49 N Lake Ave
Date
Details
Price
Change
Source
2/21/2026
Listed
$590,000
87.3%
MLS
5/03/2021
Sold
$315,000
—
Public Record
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 49 N Lake Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,392
16%
$104,026
23%
2023
$6,396
3%
$84,241
20%
2022
$6,207
-17%
$70,299
6%
2021
$7,488
5%
$66,263
-16%
2020
$7,143
—
$78,512
4%
2019
$7,143
131%
$75,289
138%
2018
$3,097
-39%
$31,616
-37%
2017
$5,049
-1%
$49,807
9%
2016
$5,097
5%
$45,552
7%
2015
$4,861
7%
$42,508
—
2014
$4,555
-3%
$42,508
7%
2013
$4,690
-4%
$39,888
-21%
2012
$4,894
—
$50,521
—
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 49 N Lake Ave
49 N Lake Avenue, Fox Lake, IL 60020 (MLS# 12574282) is a Single Family property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 49 N Lake Avenue is currently listed for $590,000 and was received on February 21, 2026. Want to learn more about 49 N Lake Avenue? Do you have questions about finding other Single Family 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.

