Corcoran Urban Real Estate
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18 Properties Within 0.5 miles of: 7220 State Park, Fox Lake

7220 State Park
Fox Lake, IL 60020

Price

$3,900,000

Est Payment
$22,625 / month (details)  
Taxes
$23,415  
Type
Land  
Sq. Ft.
n/a  
Lot Size
1327 X 2649 X 2276 X 3372  
Neighborhood
Fox Lake  
MLS
#12056895
Status
Active (11 months)

Property Description

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. Zoned R-3 allowing for single family and multi-family housing. 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. A 7,000-square-foot clubhouse, with capacity to entertain 200+ 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.

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer Storm Sewer

Additional Information

Parking
Asphalt
Schools
Grant Community High School (124), District 114

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

05-29-2024 Listed at $6,500,000
07-30-2024 Price decreased by $1,000,000 to $5,500,000
09-25-2024 Price decreased by $700,000 to $4,800,000
01-09-2025 Price decreased by $500,000 to $4,300,000
03-24-2025 Price decreased by $400,000 to $3,900,000
05-02-2025 Status changed to Expired
05-19-2025 Status changed to Active
Last Modified 5/25/25 12:05 AM
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