Investment opportunity with rental income in Fox Lake, Illinois

This 2 unit property offers great opportunity for investors at 63 Highview Ave., Fox Lake, IL 60020.

*$129900
*2 units, up and down 2 bedrooms upstairs and 2 downstairs, plus bedroom and kitchen in basement
*driveway
*great cash flow, two long tenants paying $1550 per month
*each unit has stove, refrigerator amd dishwasher
*fenced yard
*114 school system
*Built 1952
*2014 taxes $3538
*Unit 1 rent 900, unit 2 rent 650.
*Leases on month to month

Fox Lake, Illinois is about an hour northwest of Chicago and an hour away. Located on the south shore of Postakee Lake, Fox Lake and Nippersink Lake, just three of the lakes that form part of the Chain O’Lakes system, which offers plenty of recreation for Fox Lake residents.

The population in Fox Lake, is just shy of 11000 and about half male and half female. Median household income is about $ 54,435 and median home value is about $156000.

There are many community events, and not surprisingly, many take place on the water, these include the fun Cardboard Cup Regatta, Venetian Night, Polar Plunge, Fox Lake Spring Wine Walk, Concert by the Lake, Fire Department Annual Festival, Movie by the Lake, Celebrate Fox Lake, Mayor’s Challenge 5K Run/Walk and more.

There are six parks in the area, and a sizeable offering of recreational programs.
This listing is offered by John Herman. To see it email [email protected] or call 847 847 4711.