PRIME FOX LAKE INVESTMENT OPPORTUNITY - HIGH UPSIDE & MAJOR CAPITAL UPGRADES COMPLETE! Positioned directly in the heart of Fox Lake with serene water views and convenient lake access, 74 Cathryn St presents an incredible opportunity for savvy investors, project-driven buyers, or short-term rental operators looking to add value in a high-demand resort location. BRAND-NEW TEAR OFF ROOF COMPLETED THIS YEAR: The heaviest capital expenditure is already taken care of with a brand-new, full tear-off roof replacement, protecting your bottom line from day one. NEWER AC SYSTEM: Replaced central air compressor unit within the last 5 years reduces initial repair overhead and keeps mechanicals solid. UNBEATABLE LOCATION & ACCESS: Clear lake views and swimming and recreation at nearby Lakefront Park within walking distance deliver a major selling point for future tenants, buyers, or vacation guests. MASSIVE EQUITY & VALUE-ADD POTENTIAL: Bring your toolbox or contractor team to update the interior finishes. The functional layout provides a solid canvas to execute a high-ROI rehab, create a lucrative long-term rental (permit required for short term rentals), or design an attractive vacation getaway on the Chain. Whether you're looking to flip, buy-and-hold, or build sweat equity in a waterfront community, major work including the roof and driveway is already done-now it's ready for your vision. Property is being sold AS-IS. CASH OR HARD MONEY LOANS ONLY.
Property Map
Please use the print button to include maps when printing.
For more information about 74 Cathryn, Fox Lake, IL 60020 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by 1 Percent Lists Homegrown Realty
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program
of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are
marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Some IDX listings have been excluded from this website.
