Active

7220 State Park Road

Fox Lake IL, 60020

$4,800,000


$1.08 per sqft

Active

102.35 Acres

Land

Courtesy of Compass

Your next development opportunity has arrived! With 102 acres of land ideally situated for residential development in the picturesque Chain-O-Lakes area, the potential for this project is significant and the developer will have the Village of Fox Lake's full support. Currently a majestic golf course with rolling hills and mature trees, this is a truly unique property. Highly attractive location within close proximity to essential amenities like shopping, restaurants, highways, and a hospital, as well as recreational activities like boating and access to the lake life. Suitable for both 55+ and traditional single-family or multifamily developments. This past Fall, the tree line on the property was trimmed back for enhanced safety and increased aesthetic which is one less maintenance item prior to development. A 7,000-square-foot clubhouse, with a recent exterior renovation and capacity to entertain 125+ guests, offers an excellent opportunity to create a community space for the neighborhood and can also be used immediately as a sales office. Opportunity awaits to develop a residential community in the rapidly growing Chain-O-Lakes area. Preview the property through the Virtual Tour link above and then contact the agent to see it in person.

12056895

MLS ID

May 29, 2024

Listed

October 2, 2024

Updated

Map

7220 State Park Road
Fox Lake IL, 60020

Exterior/Building Features

Lot Size

102.35 Acres

School Information

School District

114


High School

Grant Community High School

Other Property Details

Area Name

Fox Lake


Taxes

$23,415


Tax Frequency

Annually


Days on Market

125


Garage

No


Parking Total

0


View

No


County

Lake


Municipality

Antioch


Pool

No

Listing History

Date

Event

Price

9/25/2024

Price change

$4,800,000

-13%

7/30/2024

Price change

$5,500,000

-16%

Courtesy of Compass, Mo Marienthal,
Listing Contact: 847-791-2903 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Dana Pierson-Emering are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 10/2/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:23 AM UTC, 10/2/2024

 

 

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