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Active - Business for sale

Fox Lake, IL

Facts & features

Business Property type
1990 Year built
118,919 sqft Lot size

Why you’ll love it

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. 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 redevelopment into a retail space with the incredible visibility on HWY 12. Owner will consider financing. Phase 2 Environmental has been completed and came back clean. All measurements approximate and to be verified by buyer and buyer's agent.

Translating description...

Listings courtesy of Lakes Realty Group as distributed by MLS GRID.

Listed by: Lisa Rabe • Lakes Realty Group

Co-listed by: Lakes Realty Group

Source: MRED as distributed by MLS GRID, MLS#: 12795731 MRED as distributed by MLS GRID logo

Based on info available as of Nov 10, 2026 at 9:19 AM EST.

Come see by yourself

Affordability

$1,625,000$3,375,000
1%20%
0%90%
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Estimated monthly payment

$16,807/mo

  • Mortgage$12,641
  • Property tax$4,166
  • HOA fee
  • Homeowners insurance
Due at closing$1,987,500
Down payment held in escrow$500,000
Closing costs$37,500
beycome credit Est.$50,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Fox Lake

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 10, 2026 at 09:19am EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$2,500,000 Listed price

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$50,000 Credit back

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