Bob Case
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Rare mixed-use investment on a high-visibility corner lot with excellent exposure, a block from downtown Fox Lake and near the Chain O' Lakes, with Pistakee Lake views. Long-term tenant in the main-level office with bathroom, break room/kitchen and storage, and the upstairs 2-bedroom, 1-bath apartment, fully renovated in 2026, is on a new 24-month lease with a patio overlooking Pistakee Lake and additional storage. Separated utilities and a 3-car on-site lot plus street parking. The basement, now used as the owner's company office with new stairs and access, offers added income potential as a studio apartment or additional office space. Updates include a 2019 first-floor furnace, partitioned offices, a see-through window and bar-height computer workspace, and a driveway sealcoated yearly except this year. Walk to Metra, the post office, marina, Dockers, coffee shop, Lakefront Park and popular restaurants.
Property Highlights
Property Type: Commercial - Retail
Building Description: 2.0 stories
Year Built: 1930
General Information
County: Lake
Listed By:
Keller Williams North Shore West
847-383-6600
MRED MLS
MLS ID: 12806161
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28 W Grand Avenue , Fox Lake, IL 60020.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $350,000 | $350,000 | $350,000 |
| Down Payment | $70,000 | $12,250 | $87,500 |
| Monthly Mortgage Amount | $1,816 | $2,258 | $2,251 |
| Taxes | $487 | $487 | $487 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $154 | $0 |
| Monthly Estimated Total | $2,405 | $3,001 | $2,840 |
Bob Case
REALTOR®
Cell: (563) 340-7514
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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