Recreational Land for Sale in Fox Lake, Illinois

7220 State Parks Rd Fox Lake, IL 60020

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$6,500,000
102.35 acres
Active sale agoEst $50,531/mo

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.

Directions

North of Route 12 on State Park Road, just past Grass Lake Road

Property details

Coordinates
42.4321, -88.1952
Community
Fox Lake
School District
124
Elevation
781 feet
MLS Number
MRED 12056895
Date Posted

Parcels

  • 01283000600000

Property taxes

2022
$23,415

Resources

This 102.35-acre property is located at 7220 State Parks Rd in Fox Lake, IL 60020 with latitude 42.4321 and longitude -88.1952. The property is currently available for sale for $6,500,000 with a price per acre of $63,508. Listing data is sourced from Midwest Real Estate Data # 12056895.

Verify sale details at the property source or contact Compass at (847) 306-6158.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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