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1/23
78 E Grand Avenue, Fox Lake, IL 60020
$675,000
78 E Grand Avenue, Fox Lake, IL 60020View this property at 78 E Grand Avenue, Fox Lake, IL 60020
78 E Grand AvenueFox LakeIL60020
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1/23
Property Description
SELLER FINANCING AVAILABLE! Located in the Fox Lake downtown area, this fantastic opportunity to own a pool hall and bar with both a liquor and package license has presented itself. Property is 7,880 sf with one of the largest patio dining spaces in Fox Lake. Current owner has updated with new rolled rubber roof on pool hall (3 years), new siding (2022), new tankless water heater (3 years), new bathrooms (4 years), and new patio (3 years). The kitchen equipment has been updated with new prep cooler, new ice machine, and 2 new freezers. The interior houses two bars, one in the pool hall and the other in the dining room, with a separate gaming area alongside the main bar. The business has a full service food license, liquor license, gaming license, and packaged liquor license. Multiple revenue streams for this property include: Video Gaming, Food Sales, Liquor Sales, Packaged Liquor Sales, Owned ATM, and owned Pool Tables. All trade fixtures are included. Business is still in operation, confidential do not contact employees.
Full Property Details
Full Property Details for 78 E Grand Ave
General
- Price: $675,000
- Taxes: $10,632 (2021)
- Status: Active
- Type: Commercial Service
- MLS ID: 11490069
- Updated: 3/29/2024
- Added to Site: 632 day(s) ago
Interior
- Interior Features: Accessible Entrance, Accessible Washroom/s, Public Restroom(s), Storage Inside
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s), Partially Sprinklered, Sprinklers (Wet)
Parking
- Parking Features: 19 to 30 Spaces, Lighted, Private Lot, Public Lot
Location
- Area: Fox Lake
- County: Lake
- Driving Directions: Rt 12 North to East on Grand Ave
- Location Details: Central Business District, Corner, Public Transport Avail, Freestanding/Urban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Gas
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Municipal Water, Water to Site
Structural Information
- Construction: Block
- Roof: Rubber
- Stories/Levels: 1
- Square Feet: 7,880
- Current Bldg. Use: Commercial
- Year Built: 1948
Lot Features
- Lot Size (Sq. Ft.): 22,000
- Lot Dimensions: 220 x 100
- Frontage: City Street, Public Road, Paved
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site, Fire Extinguisher/s, Partially Sprinklered, Sprinklers-Wet
- Assessment Year: 1948
- Tax Amount: $10,632
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Sewer
Disclosures and Reports
- Property ID: 5101060070000
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Schools
Schools serving 78 E Grand Ave
School Districts:Fox Lake Gsd 114, Grant Community High School District 124
Rating | Name | Grades | Distance |
---|---|---|---|
29067 W Grass Lake Rd, Spring Grove, IL 60081 | PK-5 | 2.2 mi | |
101 Hawthorne Ln, Fox Lake, IL 60020 | 6-8 | 0.9 mi | |
285 E Grand Ave, Fox Lake, IL 60020 | 9-12 | 0.9 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 78 E Grand Ave
Date
Details
Price
Change
Source
8/10/2023
Price Reduced
$675,000
-4.93%
MLS
10/31/2022
Price Reduced
$710,000
-2.61%
MLS
8/12/2022
Listed
$729,000
143%
MLS
7/31/2017
Sold
$300,000
—
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 78 E Grand Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$5,062
—
$58,689
9%
2021
$5,074
-6%
$54,043
1%
2020
$5,385
—
$53,270
-6%
2019
$5,385
-2%
$56,759
2%
2018
$5,476
5%
$55,904
-1%
2017
$5,205
-10%
$56,498
9%
2016
$5,782
5%
$51,672
7%
2015
$5,515
1%
$48,220
—
2014
$5,479
4%
$48,220
1%
2013
$5,250
10%
$47,980
-3%
2012
$4,769
—
$49,226
—
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 78 E Grand Ave
78 E Grand Avenue, Fox Lake, IL 60020 (MLS# 11490069) is a Commercial Service property. 78 E Grand Avenue is currently listed for $675,000 and was received on August 12, 2022. Want to learn more about 78 E Grand Avenue? Do you have questions about finding other Commercial Service 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.