ClosedPrice Reduced

$185,000

$225,000
96 Forest Avenue, Fox Lake, IL 60020
1 Beds1 Baths1,094 sqft50 days
96 Forest Avenue·Fox Lake, IL 60020
1Bedrooms
1Bathrooms
1,094Sq Ft
1933Year Built
About This Home

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****

MLS# 12106649Listed July 10, 2024Residential
Property Details

Beds & Baths

Total Bedrooms1
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms5

Size & Structure

Living Area1,094 sqft
Year Built1933
Lot Size107X185X165X50

Location

CountyLake
TownshipGrant
Zip Code60020

Financial

List Price$185,000
Original Price$225,000
Price / Sq Ft$169
Annual Taxes (2022)$4,038
Monthly Tax Est.$337
Parcel #05044020810000
Interior Features

Heating

Natural Gas

Cooling

Central Air

Basement

Partially FinishedFullWalk-Out Access

Laundry

Gas Dryer Hookup
Exterior & Lot

Construction

Vinyl Siding
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

AsphaltOn Site
Schools
High School
Grant Community High School
District: 124
Tax & Financial
Annual Taxes
$4,038
Tax Year 2022
Monthly Tax Est.
$337
per month
Price per Sq Ft
$169
per square foot
Price Reduced by $40,000
Original list price: $225,000
Property Location

96 Forest Avenue, Fox Lake, IL 60020Lake County

$185,000
$169 / sqft
96 Forest Avenue
1 bd1 ba1,094 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
50 days on market
107X185X165X50
$4,038/yr taxes
Price reduced $40,000
$1,309
estimated monthly payment
Principal & Interest
$972/mo
Property Tax
$337/mo
$185,000
20% — $37,000
3%50%
6.875%
3%12%
Loan Amount
$148,000
Down Payment
$37,000

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

Listed by
eXp Realty, LLC
Agent: Laurie Arslani
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