NOT LISTED FOR SALE

46 N Lake Ave Fox Lake, IL 60020

Estimated Value: $470,000 - $937,000

3 Beds
3.5 Baths
2,584 Sq Ft
$309/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $740,000 $286 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,896/month

18 Days on Market

Highlights

  • Additional Residence on Property
  • Boat Slip
  • Community Lake
  • Lake Front
  • Colonial Architecture
  • Deck

About This Home

As of August 2022

**** HURRY HURRY **** ONE OF A KIND***** PERFECT RETIREMENT AND INVESTMENT **** CHAIN-O-LAKES LAKEFRONT RENTAL INVESTMENT OPPORTUNITY OR FAMILY COMPOUND ON BEAUTIFUL MINEOLA BAY ON FOX LAKE! Double lot - over 76' of frontage! This custom home is a showplace. Main house was built in 1923, renovated in late 1990, and completed in 2001. Main house offers many high-end finishes such as Thermopane Low E windows and doors, hand-made Amish hickory cabinets in the kitchen. Large family room/library was layed out for an easy conversion into 2 additional bedrooms, if needed. MB suite with private balcony facing the lake. All decks were refreshed this Spring (2017). Parking lot for 10 cars! Full Basement w/possible space for the in-laws! Property includes 3 rental units that currently have 1 year leases with good tenants.**** PLUS A 3 BEDROOM BOAT HOUSE Your own private sand beach!!!! This entire package makes a great family home, vacation retreat or addition to your investment portfolio. The entire property has been well-maintained, THIS IS TRULY A CHANCE OF A LIFE TIME ANT A GREAT PRICE

Last Agent to Sell the Property

John Campobasso

Keller Williams Thrive License #471016078 Listed on: 05/28/2022

Keller Williams Thrive

Last Buyer's Agent

Dawn Simmons

RE/MAX Suburban License #475125202

RE/MAX Suburban

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,128

Year Built

  • Built in 1923

Lot Details

  • Lot Dimensions are 75 x 261 x 75 x 256
  • Lake Front
  • Property fronts a lake that is connected to a chain of lakes
  • Paved or Partially Paved Lot

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,584 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Utility Room with Study Area
  • Wood Flooring
  • Water Views
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • 10 Parking Spaces
  • Gravel Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Tideland Water Rights
  • Boat Slip
  • Balcony
  • Deck
  • Patio

Additional Homes

  • Additional Residence on Property

Schools

  • Stanton Elementary And Middle School
  • Grant Community High School

Utilities

  • Central Air
  • Baseboard Heating
  • Radiant Heating System
  • Water Softener is Owned

Community Details

  • Custom
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,128

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full, Walkout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 1000
  • Fireplace Features: Wood Burning Stove, Attached Fireplace Doors/Screen, Gas Log, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Skylight(s), Hardwood Floors, Second Floor Laundry, First Floor Full Bath
  • LivingArea: 2584
  • Other Equipment: Water-Softener Owned, CO Detectors, Ceiling Fan(s)
  • Room Type: Eating Area, Workshop, Walk In Closet, Deck, Balcony/Porch/Lanai
  • Estimated Total Finished Sq Ft: 1000
  • Basement Description: Partially Finished
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Basement Sq Ft: 1440
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 1440
  • Unfinished Basement Sq Ft: 440
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Boat Slip
  • Foundation Details: Concrete Perimeter
  • List Price: 769900
  • Lot Features: Chain of Lakes Frontage, Lake Front, Water Rights, Water View
  • OtherStructures: Other, Second Residence
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 10
  • Number of Cars: 10
  • Driveway: Gravel
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Baseboard, Radiant
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Lake, Water Rights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Stanton School
  • High School: Grant Community High School
  • Middle/Junior School: Stanton School
  • Middle/Junior School District: 114

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 75 X 261 X 75 X 256
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 16128
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

MLS Schools

  • Othr Public Sch: COLLEGE OF LAKE COUNTY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2022
Closed on
Aug 23, 2022
Sold by
Ignazio Barberini Michael and Ignazio Ann Carol
Bought by
Simmons Joshua J and Simmons Dean G
Seller's Agent
John Campobasso
Keller Williams Thrive
Buyer's Agent
Dawn Simmons
RE/MAX Suburban
List Price
$769,900
Sold Price
$740,000
Premium/Discount to List
-$29,900
-3.88%
Current Estimated Value
$797,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,846
Avg. Annual Appreciation
0.58%
Original Mortgage
$592,000
Outstanding Balance
$569,480
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$183,553
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Simmons Joshua J $740,000 Payne William J
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Joshua J $592,000
Closed Simmons Joshua J $592,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $740,000 -3.9% $286 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
05/28/2022 05/28/22 For Sale $769,900 +42.0% $298 / Sq Ft
01/31/2018 01/31/18 Sold $542,000 -1.4% $210 / Sq Ft
11/11/2017 11/11/17 Pending -- -- --
11/11/2017 11/11/17 For Sale $549,900 -- $213 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18,592 $277,237 $46,638 $230,599
2023 $16,652 $211,863 $43,936 $167,927
2022 $16,652 $189,031 $44,353 $144,678
2021 $16,129 $178,180 $41,807 $136,373
2020 $16,821 $182,610 $41,209 $141,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11418382

Midwest Real Estate Data (MRED)

APN: 05-10-206-026