160 N U.S. 12

160 N U.S. 12 Fox Lake, IL 60020

160 N U.S. 12, Fox Lake, IL, 60020
160 N U.S. 12, Fox Lake, IL, 60020 160 N U.S. 12, Fox Lake, IL, 60020 160 N U.S. 12, Fox Lake, IL, 60020 160 N U.S. 12, Fox Lake, IL, 60020
FOR SALE
Property Type:
Residential Land Development
Amount:
$260,000
Last Verified:
Jul 15, 2025

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Highlights

  • Lifestyle centered around the beautiful Chain O' Lakes
  • *offering Boating, Fishing, Watersports, Beaches, Numerous Parks & Recreation
  • Close to Leisure Village - a large 55+ communities with golf course & other amenities.
  • Metra to Chicago is nearby
  • Easy access to US routes 12 and 59
  • 225' frontage on US Hwy 12
  • Minutes from downtown

Description

Here is the chance for commercial developers to bring their business concepts to a popular recreational community. The lot is presently zoned R1 - Residential, but could be easily rezoned to B3 - Commercial. The property to the South is zoned B4 and the property directly to the north is zoned B3. The village is revamping their comprehensive plan so now is the time to get in on the ground floor.

Immersed in the picturesque community of Fox Lake, Illinois, the location offers a rich tapestry of amenities and attractions. The surrounding area is dotted with quaint local eateries, recreational hotspots, and convenient shopping options, making it an ideal setting for a thriving commercial establishment. Nearby Chain O'Lakes State Park provides an idyllic escape for outdoor enthusiasts, while the Chain O'Lakes itself offers opportunities for boating and water sports. A variety of dining options, boutique shops, and cultural attractions contribute to the vibrant atmosphere of the town, ensuring a dynamic and engaging environment for businesses and their employees to thrive.

Building Size: 0sq ft
Lot Size: 0.95 acres

Map of 160 N U.S. 12, Fox Lake, IL, 60020

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.