$305,000
SOLD APR 10, 2025

0 N Us Highway 12 Fox Lake, IL 60020

5 Acres
$61,000 Price per Acre
217,800 Sq Ft Lot

Recently Sold

39% Below List Price

375 Days on Market

About This Lot

As of April 2025

5 acre stoplight corner on Route 12 ready for development. High and dry with no wetland or floodplain. 584 feet of highway frontage with traffic count of 23,300 (see Additional Documents). City water is available on the west side of Rt. 12 at the storage buildings south of the property and there is a sewer lift station on the east side of Rt. 12 a bit north of the intersection if needed. Minimal water uses may use septic. The Village of Volo is easy to work with and anxious to see this parcel developed. Seller will put buyer in contact with an engineer who can coordinate a fill & compaction operation that will make good money for the next owner and level the property for further development. Dimensions and size are estimated. The original 42 acre parcel was divided in November, 2022 so a new address will be assigned shortly. 2022 tax bill was for 42 acres. Lot split was recorded in November, 2022. 2023 assessed value was based on the list price at the beginning of that year. 2024 assessed value will be considerably lower than 2023 due to reduction of list price.

Last Agent to Sell the Property

Michael Lescher

RE/MAX Plaza License #471000462 Listed on: 03/01/2024

RE/MAX Plaza

Last Buyer's Agent

Nancy Taylor

Berkshire Hathaway HomeServices Chicago License #471009222

Berkshire Hathaway HomeServices Chicago

Property Details

Property Type

  • Land

Lot Details

  • 5 Acre Lot
  • Property fronts a highway
  • Corner Lot
  • Property is zoned AGRIC

Home Design

  • Mixed Use

Schools

  • Grant Community High School

Community Details

  • No Laundry Facilities

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Other
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: None
  • Possible Use: Commercial, Industrial, Office, Development, Recreational, Multi-Family, Retail
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 584
  • Frontage Type: County Road, US Highway
  • List Price: 499900
  • Waterfront: No
  • Rail Availability: None

Utilities

  • Laundry Features: None
  • Utilities: Electricity Available, Natural Gas Nearby, Water Nearby

Schools

  • High School: Grant Community High School
  • Middle/Junior School District: 15

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 5
  • Lot Dimensions: 589 X 370 APPX
  • Zoning: AGRIC
  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: N
  • Estimated Land Sq Ft: 177700
  • Land Description: Rolling Rural
  • Total Listed Lots Avail: 1

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 23684
  • Tax Year: 2023
  • Tax Exemptions: None

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 Sold $305,000 -39.0% --
03/12/2025 03/12/25 Pending -- -- --
01/26/2025 01/26/25 For Sale $499,900 0.0% --
04/16/2024 04/16/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $499,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11993930

Midwest Real Estate Data (MRED)