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Legacy Properties

managingbroker@legacypropertiesil.com +1(224) 999-9100

$ 200,000

Est. payment | -/mo

3 Beds

2 Baths

1,456 SqFt

Save

$ 200,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,456 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 1,456 sqft

Price per Sqft $137

MLS Listing ID 12735706

Bedrooms 3

Full Baths 2

Year Built 1945

Annual Tax Amount $4,905

Tax Year 2025

Lot Dimensions 35 x 80

Property Sub-Type Detached Single

Property Description

PRIME FOX LAKE INVESTMENT OPPORTUNITY - HIGH UPSIDE & MAJOR CAPITAL UPGRADES COMPLETE! Positioned directly in the heart of Fox Lake with serene water views and convenient lake access, 74 Cathryn St presents an incredible opportunity for savvy investors, project-driven buyers, or short-term rental operators looking to add value in a high-demand resort location. BRAND-NEW $20K ROOF COMPLETED LAST MONTH: The heaviest capital expenditure is already taken care of with a brand-new, full tear-off roof replacement, protecting your bottom line from day one. NEWER AC SYSTEM: Replaced central air compressor unit within the last 5 years reduces initial repair overhead and keeps mechanicals solid. UNBEATABLE LOCATION & ACCESS: Clear lake views, a community boat ramp just down the hill, and swimming and recreation at nearby Lakefront Park within walking distance deliver a major selling point for future tenants, buyers, or vacation guests. MASSIVE EQUITY & VALUE-ADD POTENTIAL: Bring your toolbox or contractor team to update the interior finishes. The functional layout provides a solid canvas to execute a high-ROI rehab, create a lucrative long-term rental, or design an attractive vacation getaway on the Chain. Whether you're looking to flip, buy-and-hold, or build sweat equity in a waterfront community, major work including the roof and driveway is already done-now it's ready for your vision. Property is being sold AS-IS. CASH OR REHAB FINANCING ONLY.

Location

State IL

County Lake

Area Fox Lake

Rooms

Basement Partially Finished, Rec/Family Area, Full, Walk-Out Access

Interior

Heating Natural Gas

Cooling Central Air

Fireplace N

Exterior

Roof Type Asphalt

Building

Dwelling Type Detached Single

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Public

Level or Stories Hillside

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Lotus School

Middle Schools Stanton School

High Schools Grant Community High School

School District 114 , 114, 124

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

Listed by Jacob McVey of 1 Percent Lists Homegrown Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois 60175, USA

74 Cathryn ST Fox Lake, IL 60020

Legacy Properties

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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74 Cathryn ST