Date
Details
Price
Change
Source
7/30/2025
Listed
$549,873
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/22
$549,873
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1/22
Property Description
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!
Full Property Details
Full Property Details for 50 N Lake Ave
General
- Price: $549,873
- Taxes: $13,294 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12429978
- Updated: 1/2/2026
- Added to Site: 207 day(s) ago
Rental Information
- Complex Features: Dock, Water Rights, Sidewalks, Street Paved
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 12
- Upper - Full Baths: 6
- Bathroom Features: No Tub
Bedrooms
- Total Bedrooms: 7
Additional Information
- Equipment: Ceiling Fan(s)
- Other Features: Flood Zone
Exterior
- Exterior Features: Dock
Parking
- Total Spaces: 4
- Parking Features: Off-Street, Yes, Owned
Location
- Area: Fox Lake
- County: Lake
- Township: Antioch
- Driving Directions: 134 and Wilson North to Grand west to Lake Avenue til you arrive 50 N.
School Information
- School District: 114
- Elem School District: 114
- Midd School District: 114
- High School District: 124
- Elementary School: Stanton School
- High School: Grant Community High School
- Private School: Grant Community High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Cottage
- Architectural Style: Cottage
- Construction: Aluminum Siding, Vinyl Siding, Steel Siding
- Exterior Const.: Aluminum Siding, Vinyl Siding, Steel Siding
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1943
- Built Before 1978: Yes
- Remodeled/Updated: 2020
Unit Information
- Units in Building: 4
Additional Structures
- Other Structures: Second Residence
Lot Features
- Lot Size (Acres): 0.24
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 40 x 250
- Zoning: MULTI
Water Features
- Water Front: Yes
- Water Front Desc.: Lake Front, Waterfront
- Water Front View: Back of Property, Side(s) of Property
- Lake Front: Yes
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1943
- Tax Amount: $13,294
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 5102060100000
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Schools
Schools serving 50 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 | 0.6 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 | 0.4 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 50 N Lake Ave
Tax History
Tax History for 50 N Lake Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,294
6%
$178,177
18%
2023
$12,485
11%
$151,489
10%
2022
$11,226
2%
$137,224
15%
2021
$11,001
5%
$119,846
4%
2020
$10,508
—
$115,496
4%
2019
$10,508
-5%
$110,756
-2%
2018
$11,028
5%
$112,590
-6%
2017
$10,549
-14%
$119,668
9%
2016
$12,247
10%
$109,446
12%
2015
$11,128
14%
$97,307
—
2014
$9,800
-6%
$97,307
13%
2013
$10,423
10%
$85,822
-12%
2012
$9,467
—
$97,719
—
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 50 N Lake Ave
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50 N Lake Avenue, Fox Lake, IL 60020 (MLS# 12429978) is a Multi-Family property with 4 units containing 7 bedrooms and 0 full bathrooms. 50 N Lake Avenue is currently listed for $549,873 and was received on July 30, 2025. Want to learn more about 50 N Lake Avenue? Do you have questions about finding other Multi-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.