$185,000
Active Under Contract
37 Days Online
1 Bed1 Bath1,094 SQFT
Active Under Contract

96 Forest Avenue Fox Lake, IL 60020

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Attention investors and rehab enthusiasts! Come see this charming home that is an absolute delight for those looking to invest and renovate. Nestled just 300 ft from the serene Nippersink Lake, this property offers beautiful lake and sunset views, making it a perfect retreat or vacation home. This Cozy home with full basement gives you the opportunity to add your creative touches. An additional 900 sq ft of living space is waiting for your finishing touches in the upstairs loft, perfect for creating a spacious master suite or extra bedrooms. Framing and insulation is done just finish the rest to your liking! The basement offers abundant potential, currently two rooms are being used as kids bedrooms. Again just finish off the rooms for more bedroom plus it feature 3 walk-out doors and ample space to finish and expand your living area. it presents a golden income potential too. Perfect for an Airbnb, this property can generate a substantial income stream due to its desirable location and surrounding amenities. Enjoy breathtaking lake and sunset views from the comfort of your home, adding to the charm and appeal of this property. Being so close to Nippersink Lake, provides easy access to water activities and serene surroundings. While the property needs some work its Ideal for Flippers, investors and those looking to create a dream home, with endless possibilities for customization and expansion. Also perfect for an Airbnb, this property can generate a substantial income stream due to its desirable location and surrounding amenities which includes the Lakefront Park Renovation. The Village of Fox Lake has finalized plans for the renovation of Lakefront Park, with construction that has begun. The new park will feature a boardwalk, municipal piers, an amphitheater, a playground, a splash pad, and many other fantastic amenities. This renovation will enhance the community and provide even more recreational options for residents and visitors. Located just around the bend. Don't miss out on this incredible opportunity to turn this house into your dream home. With plenty of potential for additional living space, a prime location near Nippersink Lake, and exciting upcoming community enhancements, this property is a true gem for investors and home seekers alike. ****Home has an Assumable Mortgage at a 3% Rate****

  • Property TypeSingle Family Home
  • NeighborhoodN/A
  • CountyLake
  • Taxes$4,038
  • HOA/Condo/Coop Fees$0
  • Days on Site36 Days
  • MLS StatusActive Under Contract
  • MLS ID Number12106649
  • Home Size Source Assessor
  • Year Built1933
  • Lot Size Acres
  • Full Baths1
  • Partial BathsN/A

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General Features

  • Parking Spaces 5
  • Sewer Public Sewer
  • Basement FullWalkout
  • Water Public
  • Property Sub Type Single Family Residence
  • General Information Commuter Train
  • Rooms Total 5
  • Type Detached 2 Stories
  • Lot Size .25-.49 Acre
  • Parking Total 5

Interior Features

  • Cooling Central Air
  • Heating Natural Gas
  • Laundry Features Gas Dryer Hookup
  • Room Types LoftHeated Sun RoomOther Room

Exterior Features

  • Waterfront Property No

Community Features

  • Township Grant
  • MLS Area Fox Lake
  • Association Fee Includes None

Schools

School District
114
Elementary School
Unknown
Middle School
Unknown
High School
Grant Community High School

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Monthly Payment (Est.)

$895
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