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$188,500

74 Cathryn St

Fox Lake, IL
Contingent
3
Bedrooms
2
Bathrooms
1945
Year Built
76
Days On Market

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.

Listing Information

Listing Updated
9 days ago
Listed By
Jacob McVey · 1 Percent Lists Homegrown Realty, 6307964086
MLS#
12735706
Source
Midwest Real Estate Data (MRED)
Status
Contingent

Facts & Features

Location

Community Information

Address
74 Cathryn St, Fox Lake, IL 60020
City
Fox Lake
County
Lake
Zip Code
60020

Architecture

Bedrooms
3
Bathrooms
2
Year Built
1945
Construction Materials
Vinyl Siding
Roof
Asphalt
Garage Spaces
0
Parking Features
Driveway, Concrete

Features & Amenities

Patio and Porch
Patio
Cooling
Central Air

Property Features

Water
Public
Sewer
Public Sewer

Square Footage

Total
1,456 sq. ft.

Tax & Financial Information

List Price
$188,500
Annual Taxes
$4,905

Schools

51/100
Lotus School
Elementary · Grades PK–04 · 1.6 mi
Assigned school for this home
City
Spring Grove
Students
345
Student body
57% White · 35% Hispanic / Latino · 4% Two or More Races
Free/reduced lunch
57%
Phone
(847) 973-4105
54/100
Stanton School
Middle · Grades 05–08 · 1.4 mi
Assigned school for this home
City
Fox Lake
Students
298
Student body
69% White · 22% Hispanic / Latino · 6% Two or More Races
Free/reduced lunch
56%
Phone
(847) 973-4205
52/100
Grant Community High School
High · Grades 09–12 · 1.3 mi
Assigned school for this home
City
Fox Lake
Students
1,836
Student body
63% White · 24% Hispanic / Latino · 4% Black
Free/reduced lunch
34%
Phone
(847) 587-2561
99/100
William L Thompson School
Elementary · Grades PK–05 · 4.2 mi
City
Lake Villa
Students
654
Student body
70% White · 19% Hispanic / Latino · 5% Asian
Free/reduced lunch
20%
Phone
(847) 245-8301
56/100
Olive C Martin School
Elementary · Grades PK–05 · 3.5 mi
City
Lake Villa
Students
539
Student body
45% White · 43% Hispanic / Latino · 8% Two or More Races
Free/reduced lunch
36%
Phone
(847) 245-3400
54/100
Johnsburg Elementary School
Elementary · Grades 03–05 · 3.5 mi
City
Johnsburg
Students
335
Parent reviews
3.0★ avg · 6 reviews
Student body
88% White · 8% Hispanic / Latino · 4% Two or More Races
Free/reduced lunch
30%
Phone
(815) 385-3731
53/100
Gavin Central Elementary School
Elementary · Grades PK–04 · 2 mi
City
Ingleside
Students
487
Student body
71% White · 20% Hispanic / Latino · 6% Black
Free/reduced lunch
63%
Phone
(847) 973-3280
53/100
Indian Hill Elementary School
Elementary · Grades 03–05 · 4.1 mi
City
Round Lake Heights
Students
518
Parent reviews
2.0★ avg · 4 reviews
Student body
61% Hispanic / Latino · 21% White · 12% Black
Free/reduced lunch
61%
Phone
(847) 270-9970

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
10/01/2026Price change$188,500
08/18/2026Listed for sale$200,000

Listed by Jacob McVey · 1 Percent Lists Homegrown Realty · 6307964086

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: October 24, 2026 at 8:02 AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12735706

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