512 Park Avenue
River Forest
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Description
Fantastic Investment Opportunity in Fox Lake! Located at 512 & 514 Park Ave, this mixed-use property offers endless potential for savvy investors. With a list price of $1,100,000, this turnkey opportunity is not to be missed. Situated on a spacious 3/4-acre lot, this property features 76 lease-able slips, with a total of 94 permitted slips for boating enthusiasts. The convenience of floating docks means easy maintenance, and access is controlled by a key system. Adjacent to the renowned Famous Freddie's Roadhouse, this location offers great exposure and endless possibilities. In addition to the marina, there is a charming rental home on-site, generating substantial income as a short-term rental. Boasting two bedrooms, hardwood floors, lake views, and a 25x25 barn with a cement floor, this home adds tremendous value to the property. With its commercial zoning (B-4), this property can be utilized for a variety of purposes. The potential for a hobby operation and minimal management exposure make this a truly unique opportunity. Don't miss out on this rare chance to own a lucrative investment property in the heart of Fox Lake. Call today for more information and to schedule a viewing!Listing Courtesy of keller williams success realty
Amenities
Essentials
MLS #: 11981298
Area:
River Forest
Price:
$1,100,000
Location: 512 Park Avenue
Property Type: House
Taxes:
$21,264
Pet Policy:
Unknown
Amenities
Contact Westward360
Provided Courtesy of keller williams success realty
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
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