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90 S US Highway 12, Fox Lake, IL 60020
$2,500,000
90 S US Highway 12, Fox Lake, IL 60020View this property at 90 S US Highway 12, Fox Lake, IL 60020
90 S US Highway 12Fox LakeIL60020
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Property Description
Excellent location in the central business district, this property comes with the prime opportunity to utilize the existing large warehouse building or develop the land for a new commercial use. Located next to the PUD for entertainment development as well as the new Culver's and Ben Watt's Marina. Potential for TIFF district. Prior use was an automotive repair shop and showroom. There are three rooms for repairs with two story ceilings and 5 large Drive in Doors. Multiple hanging heaters, high level shop lighting, and floor drain still in place. Lifts and all other equipment have been removed. There is one large showroom in front and multiple offices behind. Ideal location for auto repair, boat repair, redevelopment use for restaurant, retail, or dispensary. Owner will consider financing. Phase 2 Environmental has been recently completed and came back clean. All measurements approximate and to be verified by buyer and buyer's agent.
Full Property Details
Full Property Details for 90 S US Hwy 12
General
- Price: $2,500,000
- Taxes: $26,192 (2021)
- Status: Active
- Type: Commercial
- MLS ID: 11628972
- Updated: 8/12/2023
- Added to Site: 600 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Fox Lake
- County: Lake
- Township: Grant
- Driving Directions: US HWY 12 to building on western side of the street.
- Location Details: Northwest Suburban
Heating & Cooling
- Cooling Type: Zoned
- Heating Type: Ceiling Units
Structural Information
- Drive-In Doors: 5
- Stories/Levels: 1
- Square Feet: 16,775
- Year Built: 1990
Lot Features
- Lot Size (Acres): 2.73
- Lot Size (Sq. Ft.): 118,919
- Lot Dimensions: 300 x 400 x 300 x 400
- Potential Use: Commercial, Development, Retail
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1990
- Tax Amount: $26,192
- Tax Year: 2021
Disclosures and Reports
- Property ID: 5094001390000
Listed by Compass
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Schools
Schools serving 90 S US Hwy 12
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 | 2.7 mi | |
101 Hawthorne Ln, Fox Lake, IL 60020 | 6-8 | 1 mi | |
285 E Grand Ave, Fox Lake, IL 60020 | 9-12 | 1.2 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 90 S US Hwy 12
Date
Details
Price
Change
Source
9/14/2022
Listed
$2,500,000
55.28%
MLS
11/30/2020
Sold
$1,610,000
—
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 90 S US Hwy 12
Year
Property Taxes
Change
Tax Assessment
Change
2022
$29,524
13%
$333,203
6%
2021
$26,192
-6%
$314,075
6%
2019
$27,743
—
$296,880
8%
2020
$27,743
-3%
$274,997
-13%
2018
$28,640
-4%
$317,507
-1%
2017
$29,750
-9%
$320,881
-3%
2016
$32,839
-7%
$329,341
7%
2015
$35,147
-15%
$307,336
-25%
2014
$41,184
16%
$407,715
13%
2013
$35,465
2%
$360,668
—
2012
$34,897
—
$360,208
—
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 90 S US Hwy 12
90 S US Highway 12, Fox Lake, IL 60020 (MLS# 11628972) is a Commercial property. 90 S US Highway 12 is currently listed for $2,500,000 and was received on September 14, 2022. Want to learn more about 90 S US Highway 12? 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.