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$117,000

55 Vail Colony, Fox Lake, IL 60020
1 Beds1 Baths550 sqft26 days
55 Vail Colony·Fox Lake, IL 60020
1Bedrooms
1Bathrooms
550Sq Ft
1970Year Built
About This Home

Discover this beautifully updated waterfront condo featuring tranquil water views from your very own private balcony, located within the resort-inspired Vacation Village community. With direct access to the marina, docks, and boat slips, this Fox Lake gem delivers a true lakeside lifestyle-just about an hour from downtown Chicago. Enjoy the feeling of a year-round escape while staying close to suburban conveniences, with easy access to the Chain O'Lakes right from your doorstep. This gated community offers a unique blend of natural surroundings and resort-style living, complete with a private beach, wooded scenery, marina, boat launch, fuel station, and winter boat storage. The entire building underwent a Full renovation in 2023, and this unit shines with pristine condition throughout, featuring all-new appliances and an in-unit washer and dryer for added comfort. Whether you're searching for a weekend retreat, an investment property, or a full-time residence, this home fits the bill. Residents enjoy access to an impressive list of amenities including an outdoor heated pool with a separate kiddie pool, playground, clubhouse, tennis courts, scenic walking paths, and direct water access to the Chain O'Lakes. This is an excellent opportunity for first-time buyers, downsizers, investors, or anyone seeking a vacation-style lifestyle. Cash-only purchases required. Property Amenities include gated community with 24/7 public safety staff, on-site management office and dedicated maintenance team, large heated swimming pool with adjacent kiddie pool, playground conveniently located near the pool and laundry facilities/ two well-appointed community rooms available for private events, picnic areas overlooking the marina, forested trails and illuminated walking paths along the water, private beach with volleyball courts, picnic shelter, and group campfire pit, seasonal tram service for convenient beach access, dog waste stations throughout the property and a designated off-leash dog run, on-site laundry room with daily resident access, full-service marina, boat launch, on-site gas station, winter boat storage and spacious parking area.

MLS# 12545064Listed January 13, 2026Residential
Property Details

Beds & Baths

Total Bedrooms1
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms3

Size & Structure

Living Area550 sqft
Stories2
Year Built1970
Lot SizeCOMMON

Location

CountyLake
TownshipGrant
Zip Code60020

Financial

List Price$117,000
Price / Sq Ft$213
Annual Taxes (2023)$1,973
Monthly Tax Est.$164
Parcel #01331008780000
Interior Features

Heating

Natural Gas

Cooling

Central AirNone

Basement

None

Laundry

In Unit
Exterior & Lot

Construction

Cedar

Exterior Features

BalconyBoat Slip
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Yes
HOA & Community
HOA Fee
$337
Monthly

HOA Includes

ParkingInsuranceSecurityDoormanClubhousePoolExterior MaintenanceLawn CareSnow RemovalLake RightsOther

Association Amenities

Bike Room/Bike TrailsBoat DockDoor PersonStorageParkParty RoomPoolTennis Court(s)Business CenterClubhouseIn Ground PoolPatioPicnic AreaTrail(s)
Schools
High School
Grant Community High School
District: 124
Tax & Financial
Annual Taxes
$1,973
Tax Year 2023
Monthly Tax Est.
$164
per month
Price per Sq Ft
$213
per square foot
Property Location

55 Vail Colony, Fox Lake, IL 60020 — Lake County

$117,000
$213 / sqft
55 Vail Colony
1 bd1 ba550 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
26 days on market
COMMON
$1,973/yr taxes
$337 HOA (monthly)
$1,116
estimated monthly payment
Principal & Interest
$615/mo
Property Tax
$164/mo
HOA
$337/mo
$117,000
20% — $23,400
3%50%
6.875%
3%12%
Loan Amount
$93,600
Down Payment
$23,400

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

Listed by
RE/MAX Premier
Agent: Zohaib Khurshid
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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