7220 State Park Rd., Fox Lake, IL 60020

7220 State Park Rd., Fox Lake, IL 60020
Photo 1 of 21
$4,800,000
Beds Baths Sq. Ft. Taxes Built
0.00 0 $23,415
On the market: 175 days

Est. Monthly Payment:

$29,399($27,448 + $1,951 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
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.
Listing courtesy of Mo Marienthal, Compass