Rare opportunity to own 40 feet of prime lake frontage on beautiful Mineola Bay in Fox Lake! This multi-unit property includes four separate cabins-three are currently leased, and one is vacant and ready for immediate occupancy. Whether you're looking for rental income to help offset costs or dreaming of a lakeside family compound where everyone has their own private space, this property delivers. Boaters will love the convenience of docking right outside-no need to trailer your boat home. Recent updates throughout, including full renovations of two front units in 2021 and 2022, plus updates to a third unit in 2014. Properties like this are few and far between on the Chain of Lakes-come take a look and explore the possibilities!
Active
$549,873
50 N Lake Ave, Fox Lake, IL 60020
6beds
--sqft
Est.:
Multi Family
Built in 1943
-- sqft lot
$534,400 Zestimate®
$--/sqft
$-- HOA
What's special
Prime lake frontageDocking right outside
- 24 days
- on Zillow |
- 2,363 |
- 132 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 10:06pm
Listing courtesy of:
Thomas Domasik 708-923-0900,
RE/MAX 10 in the Park
Source: MRED as distributed by MLS GRID,MLS#: 12429978

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
- 1/2 bathrooms: 6
Bathroom
- Features: No Tub
Heating
- Natural Gas, Forced Air
Features
- Basement: None
Property
Parking
- Total spaces: 4
- Parking features: Off Street, On Site, Owned
Features
- Patio & porch: Deck, Porch
- Exterior features: Dock
- Has view: Yes
- View description: Back of Property, Side(s) of Property
- Water view: Back of Property,Side(s) of Property
- Waterfront features: Lake Front, Waterfront
Lot
- Size: 10,454.4 Square Feet
- Dimensions: 40X250
Details
- Additional structures: Second Residence
- Parcel number: 05102060100000
- Zoning: MULTI
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cottage
- Property subtype: Multi Family
Materials
- Aluminum Siding, Vinyl Siding, Steel Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1943
- Major remodel year: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Dock, Water Rights, Sidewalks, Street Paved
Location
- Region: Fox Lake
Financial & listing details
- Tax assessed value: $454,513
- Annual tax amount: $13,294
- Date on market: 7/30/2025
- Ownership: Fee Simple
- Has irrigation water rights: Yes
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