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3 Beds
2 Baths
1,456 sqft

$188,500

74 Cathryn Street, Fox Lake IL, 60020

Price per sqft$129.46
Built in1945
Property size1,456 sqft
Property typeResidential
Listed by Jacob McVey with 1 Percent Lists Homegrown Realty 630-796-4086

Overview

Active

Re-activated

Listed Aug 18, 2026

Updated 3h ago

Seller is open to cash, hard money, or renovation financing. 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 TEAR OFF ROOF COMPLETED THIS YEAR: 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 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 (permit required for short term rentals), 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.

$1,254/mo

Est. mortgage payment based on a $188,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12735706

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$4,905
Tax Frequency
Annually
MLS provider logo

Listed by Jacob McVey with 1 Percent Lists Homegrown Realty 630-796-4086

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