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Approximately 18 acre site For Sale in prime location located on Route 12 in Fox Lake. Anchored by the new Culver's and next to Ben Watt's Marina, this is a prime site now available new to market and unbeatable development opportunity. Site can accommodate a hotel, retail, as well as office. Also is divisible down to 1-2 acres.
This parcel has frontage on Pistakee Lake, part of the Chain O' Lakes which is the busiest inland recreational waterway in the United States. Over 30,00 boaters crowd to the Chain O'Lakes each weekend with estimated crowds of over 100,000 on holiday weekends.
Location
US Route 12, North of the Route 12/Route 59 Interchange and South of the Route 12 Crossing which crosses between Pistakee Lake and Nippersink Lake.
Located on Pistakee Lake which is part of the Chain O' Lakes and connected to the Fox River Locks and Nippersink Lake.
Located approximately one hour northwest of downtown Chicago.
Growing area with strong fundamentals and area demographics.
+/-30,000 average visitors on weekends.
+/-100,000 average visitors on holiday weekends.
Prime site for hotel or resort, recreation, retail, and office.
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| Total Population | 5,813 | 41,555 | 97,273 | |
| Population Median Age | 40 | 39 | 38 | |
| Population by Age | 0-9 Yrs | 615 (10%) | 5150 (12%) | 12302 (12%) |
| 10-19 Yrs | 618 (10%) | 4770 (11%) | 12747 (13%) | |
| 20-29 Yrs | 953 (16%) | 6113 (14%) | 13610 (13%) | |
| 30-39 Yrs | 681 (11%) | 4831 (11%) | 11511 (11%) | |
| 40-49 Yrs | 750 (12%) | 4861 (11%) | 12509 (12%) | |
| 50-59 Yrs | 920 (15%) | 6936 (16%) | 14938 (15%) | |
| 60-69 Yrs | 705 (12%) | 4893 (11%) | 11232 (11%) | |
| 70+ Yrs | 572 (9%) | 4000 (9%) | 8423 (8%) | |
| Median HH Income | $60,103 | $67,480 | $72,730 | |
| Total Household Income | < 24K | 388 (15%) | 2210 (13%) | 4351 (11%) |
| 25-49K | 654 (26%) | 3721 (22%) | 7212 (19%) | |
| 50-74K | 553 (22%) | 3229 (19%) | 7223 (19%) | |
| 75-99K | 316 (12%) | 2200 (13%) | 5231 (14%) | |
| 100-199K | 484 (19%) | 4283 (25%) | 10142 (27%) | |
| 200K+ | 90 (3%) | 892 (5%) | 2157 (5%) | |
| Highest Education Level | No Diploma | 299 | 2251 | 6463 |
| Diploma or GED | 1599 | 9858 | 20596 | |
| Some College | 967 | 6751 | 15636 | |
| Assoc. Degree | 262 | 2341 | 5524 | |
| Bachelors Degree | 782 | 5832 | 12313 | |
| Higher Degree | 272 | 2013 | 5047 | |
| Total Housing Units | 2,897 | 19,699 | 41,340 | |
| --Owner-Occupied | 1,593 | 12,397 | 27,871 | |
| --Renter-Occupied | 892 | 4,137 | 8,446 | |
| Owner-Occupied Values | < 100K | 302 | 1371 | 3587 |
| 100-199K | 803 | 6121 | 12640 | |
| 200-299K | 345 | 3173 | 7198 | |
| 300-399K | 40 | 887 | 2503 | |
| 400-499K | 51 | 429 | 931 | |
| 500K+ | 52 | 415 | 1012 | |
| Total Working Age Population | 4,901 | 33,788 | 77,597 | |
| In Work Force | 3,131 | 22,854 | 53,448 | |
| Not In Work Force | 1,769 | 10,934 | 24,148 | |
| Workforce Employed | 3,004 | 21,652 | 50,446 | |
| Workforce Unemployed | 127 | 1,192 | 2,929 | |
| Civlian Workforce | 3,131 | 22,844 | 53,375 | |
| Military Workforce | 0 | 10 | 73 | |
| Total Households | 2,485 | 16,534 | 36,316 | |
| Family Households | 1,250 | 10,538 | 24,818 | |
| Non-Family Households | 1,235 | 5,995 | 11,499 | |
| Married Couple | 875 | 7,679 | 18,901 | |
| Other Family | 375 | 2,860 | 5,916 | |
| Married w/Child | 264 | 2,578 | 7,506 | |
| Single Male w/Child | 41 | 437 | 971 | |
| Single Female w/Child | 150 | 1,105 | 2,295 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| Illinois | 12,419,293 | +3 | 12,830,632 | +12 | 14,316,487 | +6 | 15,138,849 |
| Lake County | 644,356 | +9 | 703,462 | +17 | 820,250 | +6 | 873,024 |
| McHenry County | 260,077 | +19 | 308,760 | +32 | 407,931 | +9 | 443,398 |