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.
Listed By
Agency Name: 1 Percent Lists Homegrown Realty
Agency Phone: 630-796-4086
Shown By
Agent Name: Pat Bellinghiere
Agent Phone: (815) 871-1745
Agency Title: Gambino Realtors
Estimated Payment
$ 1,375.55 per month $908.46 Principal & Interest $408.75 Property Tax $58.33 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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74 Cathryn Street | MLS# 12735706
This single family home located at 74 Cathryn Street, Fox Lake, IL 60020 is currently listed for sale with an asking price of $200,000. This property was built in 1945 and has 3 bedrooms and 2 full baths with 1456 sq. ft. Cathryn Street is located within the District 124 school district. Search Fox Lake real estate on pbellinghiere.gogambino.com today.