815-370-1236
329 Thomas Ln, Fox Lake, IL for Sale
Commercial LAND - FOR SALE
1/4
248,728 SF

329 Thomas Ln
Fox Lake, IL 60020


HIGHLIGHTS

  • 7 million in improvements with site development and detention.
  • Adjacent to a 100-unit 55 plus apartment building with waiting list.
  • Seller completion available.
  • 16-18 months to complete construction.
  • The City and Mayor of Fox Lake support the project.

OVERVIEW

Caton Commercial Real Estate has been retained to exclusively offer for sale 5.71 acres with improvements at 329 Thomas in Fox Lake. The infrastructure and foundation can also be used to complete 140 multi-family rental units. • Once occupied and stabilized the property is projected to be valued at approximately 40 million dollars. • The seller was the contracted builder and is willing to Joint Venture or complete the project for another.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Multi-Family/Assisted Living Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Mixed Use, Apartment Units, Apartment Units - Senior, Hold for Development, Planned Unit Development

LAND ACRES

5.71 AC

LAND SF

248,728 SF

OFFSITE IMPROVEMENTS

Sewer, Water

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

William CatonCaton Commercial Real Estate GroupMore Info
815-370-1236

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William CatonCaton Commercial Real Estate GroupMore Info
815-370-1236

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.