$479,000

49 N Lake Avenue, Fox Lake, IL 60020

Active
4 beds 4.5 baths 3,192 sqft (landlord/tenant/seller) Built 1930 Residential MLS #MRD12644013 34 days on market
Listing courtesy of Circle One Realty · 630-528-2300 · ryan@circleonerealty.com · MLS #MRD12644013 · Status: Active
Welcome to this beautifully remodeled lake-area retreat with rare deeded access to the Chain O'Lakes, one of the most sought-after recreational water systems in Northern Illinois. Enjoy boating, dining, fishing, and waterfront living all summer long-directly from your private deeded strip of land with your own pier. Opportunities like this are hard to find and highly desirable. This spacious home offers over 3,100 square feet across three full levels of above-grade living space, making it ideal for large families, multi-generational living, or those who love to entertain. Completely renovated in 2020, the home blends modern finishes with warm, light-filled interiors and exceptional flexibility. The main living areas are filled with natural light from large windows throughout, creating a bright, open feel. Multiple balconies provide peaceful water views, enhancing the lake-lifestyle atmosphere. The expansive primary suite features a private en-suite bath and a connected office or nursery, perfect for remote work or growing families. The lower level is fully above ground, with large windows and an open living area featuring a built-in wet bar-ideal for an in-law suite, guest quarters, teen retreat, or entertainment space. Enjoy the outdoors with a custom granite bar area, perfect for summer gatherings. Then head down to your private Chain-of-Lakes access, where your own pier provides easy entry to one of the region's most popular boating and recreation destinations. Major Updates and Features 1 Rare deeded access to the Chain O'Lakes 2 Private strip of land with your own pier 3 Full remodel completed in 2020 4 New roof in 2023 5 Attic insulation redone in 2025 6 New stove installed in 2025 7 Fresh interior paint in 2025-2026 8 Newer HVAC systems 9 Updated bathrooms throughout 10 2.5-car garage 11 Multiple balconies with water views 12 Three full levels of above-grade living space This home offers the rare combination of size, flexibility, natural light, and direct access to the Chain O'Lakes, making it perfect for families, entertainers, or anyone seeking a true waterfront lifestyle without full waterfront pricing.

Property details

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Interior features
Wet Bar, 1st Floor Bedroom, 1st Floor Full Bath
Flooring
Laminate
Basement
Finished, Full
Laundry
Main Level, Upper Level
Additional rooms
Office, Loft, Foyer
Total rooms
10

Building & exterior

Style
Traditional
Age
91-100 Years
Exterior
Vinyl Siding
Exterior features
Balcony
Roof
Asphalt
Foundation
Block
Patio & porch
Patio
Exposure
North,South,East,West,Lake/Water

Parking

Garage spaces
2
Total spaces
2
Parking details
Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage

Lot & location

Lot dimensions
0.24
Township
Grant
County
Lake

Utilities

Heating
Natural Gas
Cooling
Central Air
Water
Public
Sewer
Public Sewer
Electricity
Circuit Breakers
Equipment
Ceiling Fan(s), Sump Pump

HOA & community

Assessment includes
None
Community features
Lake, Water Rights, Street Paved

Schools

Elementary
Stanton (114)
Junior high
(114)
High school
Grant Community High School (124)

Taxes & terms

Annual taxes
$8,636 (2024)
Parcel number (PIN)
05102070240000
PIN
05102070240000
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
5/11/2026

Rooms

RoomSizeLevelFlooring
Office9X8SecondWood Laminate
Loft9X10SecondWood Laminate
Foyer14X11MainWood Laminate
Bar/Entertainment11X10Walkout BasementCeramic Tile
Bedroom 217X10SecondWood Laminate
Bedroom 39X15SecondWood Laminate
Bedroom 49X18MainWood Laminate
Dining Room14X16Main
Family Room19X10Walkout BasementWood Laminate
Kitchen18X13Main
Laundry10X10Walkout Basement
Living Room14X21MainWood Laminate
Master Bedroom23X11SecondWood Laminate

What would this home cost per month?

Using this listing's actual tax bill (2024) — adjust anything.

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Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

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