Active
50 Lake Avenue
Fox Lake, IL 60020
$549,873
7beds
12baths
—sqft
0.24acres
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About this home
Rare opportunity to own 40 feet of prime lake frontage on beautiful Mineola Bay in Fox Lake! This multi-unit property includes four separate cabins-three are currently leased, and one is vacant and ready for immediate occupancy. Whether you're looking for rental income to help offset costs or dreaming of a lakeside family compound where everyone has their own private space, this property delivers. Boaters will love the convenience of docking right outside-no need to trailer your boat home. Recent updates throughout, including full renovations of two front units in 2021 and 2022, plus updates to a third unit in 2014. Properties like this are few and far between on the Chain of Lakes-come take a look and explore the possibilities!
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Year built1943
Lot size0.24 acres
Architectural styleCottage
Annual tax$13,294
CountyLake
MLS #MRD12429978
Days on market158
Schools
ElementaryStanton School
High schoolGrant Community High School
Features
Heating
Natural GasForced Air
Parking
Off StreetYesOwned
Construction
Aluminum SidingVinyl SidingSteel Siding
Sewer
Public Sewer
Listed by
RE/MAX 10 in the Park
Thomas Domasik
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 1/13/2026, 7:40:01 PM. All data should be independently verified.
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