ActivePrice Reduced

$479,000

$499,000
49 Lake Avenue, Fox Lake, IL 60020
4 Beds5 Baths0 sqft34 days
49 Lake Avenue·Fox Lake, IL 60020
4Bedrooms
5Bathrooms
0Sq Ft
1930Year Built
About This Home

Welcome to this beautifully remodeled lake-area retreat with rare deeded access to the Chain O'Lakes, one of the most sought-after recreational water systems in Northern Illinois. Enjoy boating, dining, fishing, and waterfront living all summer long-directly from your private deeded strip of land with your own pier. Opportunities like this are hard to find and highly desirable. This spacious home offers over 3,100 square feet across three full levels of above-grade living space, making it ideal for large families, multi-generational living, or those who love to entertain. Completely renovated in 2020, the home blends modern finishes with warm, light-filled interiors and exceptional flexibility. The main living areas are filled with natural light from large windows throughout, creating a bright, open feel. Multiple balconies provide peaceful water views, enhancing the lake-lifestyle atmosphere. The expansive primary suite features a private en-suite bath and a connected office or nursery, perfect for remote work or growing families. The lower level is fully above ground, with large windows and an open living area featuring a built-in wet bar-ideal for an in-law suite, guest quarters, teen retreat, or entertainment space. Enjoy the outdoors with a custom granite bar area, perfect for summer gatherings. Then head down to your private Chain-of-Lakes access, where your own pier provides easy entry to one of the region's most popular boating and recreation destinations. Major Updates and Features 1 Rare deeded access to the Chain O'Lakes 2 Private strip of land with your own pier 3 Full remodel completed in 2020 4 New roof in 2023 5 Attic insulation redone in 2025 6 New stove installed in 2025 7 Fresh interior paint in 2025-2026 8 Newer HVAC systems 9 Updated bathrooms throughout 10 2.5-car garage 11 Multiple balconies with water views 12 Three full levels of above-grade living space This home offers the rare combination of size, flexibility, natural light, and direct access to the Chain O'Lakes, making it perfect for families, entertainers, or anyone seeking a true waterfront lifestyle without full waterfront pricing.

MLS# 12644013Listed May 11, 2026ResidentialTraditional
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms5
Full Baths4
Half Baths1
Total Rooms10

Size & Structure

Living Area0 sqft
Garage Spaces3
Year Built1930
Lot Size0.240 acres

Location

CountyLake
TownshipGrant
Zip Code60020

Financial

List Price$479,000
Original Price$499,000
Annual Taxes (2024)$8,637
Monthly Tax Est.$720
Parcel #05102070240000
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerStainless Steel Appliance(s)

Flooring

Laminate

Heating

Natural Gas

Cooling

Central Air

Basement

FinishedFull

Laundry

Main LevelUpper Level
Exterior & Lot

Construction

Vinyl Siding

Roof

Asphalt

Foundation

Block

Exterior Features

Balcony

Patio & Porch

Patio
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Electric

Circuit Breakers

Parking

AsphaltGarage Door OpenerYesGarage OwnedAttachedGarage
HOA & Community

HOA Includes

None

Community Features

LakeWater RightsStreet Paved
Schools
Elementary
Stanton
District: 114
High School
Grant Community High School
District: 124
Tax & Financial
Annual Taxes
$8,637
Tax Year 2024
Monthly Tax Est.
$720
per month
Price Reduced by $20,000
Original list price: $499,000
Property Location

49 Lake Avenue, Fox Lake, IL 60020 — Lake County

$479,000
49 Lake Avenue
4 bd5 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
34 days on market
3-car garage
0.240 acres
$8,637/yr taxes
Price reduced $20,000
$3,237
estimated monthly payment
Principal & Interest
$2,517/mo
Property Tax
$720/mo
$479,000
20% — $95,800
3%50%
6.875%
3%12%
Loan Amount
$383,200
Down Payment
$95,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Circle One Realty
Agent: Ryan Cherney
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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