154 N. US Highway 12

Fox Lake, IL  60020

 

​Status:  Active

Asking Price:  $389,000

​MLS #:  11303178

Type:  Commercial (Restaurant/Apt.)

Zoning:  R1
Acres:  Approx. .378

Land SF:  Approximately 16,479

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Waterfront commercial opportunity with pier on Pistakee Lake!  This full service, remodeled restaurant has a large apartment above it and 2 plus car garage. The restaurant is currently leased to a business that is willing to remain operating/renting or bring in your own crew and menu!  The restaurant equipment is included in the sale price and this is turn key.  Known for years as the Marine Grill this location has fantastic exposure on busy Route 12. There is a dual pylon sign on site shared by Bauske Boat Basin that is visible from Route 12, Nippersink and Pistakee Lakes. Outdoor seating available in front with plans for additional outdoor dining deck approved by Fox Lake. Restaurant was tastefully remodeled over the past few years and shows well. The large apartment is currently leased. Note the property is served by municipal sewer and water! Investors and end users alike will find this property intriguing. The restaurant can also be repurposed. Possible bar, professional office, boat sales, auto sales, electronic gaming (with Village approval). Do not disturb tenants. Please allow 24 hour notice for all showings. Owner looking to reinvest in new venture.

Robert E. Frank

robertefrankrealestate@gmail.com

(847) 508-5263