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34643 N US Highway 12
Fox Lake, IL 60020
Lake County Vacant Retail Corner · Land For Sale
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10.61 AC
INVESTMENT HIGHLIGHTS
- Huge traffic counts
- Good access
- Growing area
- Tons of visibility
- Pent up retail demand
- ~ One million annual visitors to the area
EXECUTIVE SUMMARY
Prime development site in growing Fox Lake, Illinois:
*Almost 1,300 feet of frontage on US Hwy 12, which is also known as IL Route 59
*Over 40,000 vehicles per day (VPD), with 27,791 on Hwy 12, and 13,074 on Big Hollow Road
*Across the street from busy Menards and Jewel-Osco stores, as well as Circle K, Valvoline, Chase, and Wendy's. Just north of Home Depot, Sherwin Williams, AutoZone, Aldi and Jimmy Johns. The area is a great draw for area shoppers, and is the only major retail node within 3.5 miles in any direction.
*Over 100,000 residents within 5 miles, and growing. Over $100K/yr avg. Household income in that same radius. (feel free to use a similar demographic breakdown page that we used on the last flyer - either Halsted Plaza or Michigan Ave Towers, I can't remember, but I think it's from Site To Do Business)
*Just south of the famed "Chain O'Lakes", including Fox Lake, Pistakee Lake, Nippersink Lake, Grass Lake and all of the associated lake houses, marinas and watersports. Great combination of year-round residents and lake tourism, with over 2 million annual visitors.
*Already substantial interest in development sites from multiple national retail brands
*Business friendly municipality, offering a pro-business permitting process and fast-tracked reviews.
*Located within the Village of Fox Lake's "South Business District", which is eligible for funding assistance from the Village for infrastructure, utility and road/sidewalk improvements.
*Just 2.5 miles from Fox Lake Metra train station.
*Endless possibilities of how to develop the site!
PROPERTY FACTS Under Contract
1 LOT AVAILABLE
Lot
| Lot Size | 10.61 AC |
| Lot Size | 10.61 AC |
Prime retail/restaurant/automotive/medical/mixed development site, with 1,300 feet of frontage on Highway 12 in fast growing Fox Lake, Illinois. Situated right at the high traffic intersection of US Hwy 12 (IL Rte 59) and Big Hollow Rd (IL Rte 134)
DESCRIPTION
Phenomenal frontage on high traffic US Highway 12 (IL Route 59) at Big Hollow Road (IL Route 134)!! Perfect site for redevelopment, with multiple national brand name retailers already interested in pad sites. Plenty of room for various retail and other uses, after rezoning, which the Village of Fox Lake has stated they are very open to, and eager to get retail and ancillary uses developed on the site. Full access median-cut mid-site on Highway 12, and a curb cut on Big Hollow Road, plus back access via an access road to the East. Surrounded by major brand names, and customers ready to shop! Over 300 new residences planned within 2 blocks, and starting construction soon.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $935,861 CAD | Total Assessment | $935,861 CAD |
PROPERTY TAXES
