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Listed price in listed location currency (USD).
$349,900

000

MLS® 12540132

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $8,665
Days Active 3
Approx. Age 1927
MLS® Number 12540132

Property Address: 154 N Us Highway 12, Fox Lake, IL, 60020-1244

Average square foot calculated using Size range provided by listing agent.

Description

Rare mixed-use property located directly on high-traffic Route 12 in the heart of the Chain O' Lakes. This highly visible investment and business opportunity offers private pier access, strong daily traffic counts, and exceptional signage exposure, making it ideal for both local and seasonal traffic-all while featuring a spacious 3-bedroom, 1.5-bath second-floor residence. The main level showcases a large, remodeled commercial space, formerly the well-known Marine Grill, with excellent street presence and the potential for outdoor patio seating overlooking Pistakee Lake. Above the commercial space is a generously sized 3-bedroom, 1.5-bath apartment, perfect for an owner-operator, employee housing, or additional rental income. The property includes a private pier on Pistakee Lake, providing direct access to the Chain O' Lakes waterway system-a major draw for boating, dining, and recreational traffic. A dual pylon sign, shared with Bauske Boat Basin, offers outstanding visibility from Route 12, Nippersink Lake, and Pistakee Lake, maximizing brand exposure to both vehicle and boat traffic. Additional highlights include a 2-car garage, municipal water and sewer, and flexibility for a variety of potential uses. Permitted uses may include restaurant, professional office, boat or auto sales, bait and marine retail, or electronic gaming (with Village approval where required) . The property truly offers exceptional versatility and upside. A rare opportunity in the Chain O' Lakes area with built-in Route 12 exposure, strong tourism traffic, and mixed-use income potential-ideal for investors, entrepreneurs, and business owners seeking a high-traffic waterfront location. Property is being sold as-is.
MLS® Number12540132
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1927
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 5, 2026List Date
$349,900List Price
  • Commute

Commute

Starting Address
Destination Address
154 N Us Highway 12, Fox Lake, IL

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