Fox Lake · Lake County · IL
Homes for sale in
Vacation Village.
- Active listings
- 4
- Median list
- $110K
- Avg time on market
- 35 days
- Sold · last year
- 39
Active listings
4 homes on the market
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About the community
A gated, marina-centered condominium community on the Chain O'Lakes.
Vacation Village is a gated, lake-oriented condominium community on the north side of Fox Lake near Chain O'Lakes State Park, in Grant Township, Lake County. Built from around 1970 with phases into the early 1990s, it was designed for vacation living close to home: a wooded, resort-style setting with a private marina and channel access out to the fifteen lakes of the Chain O'Lakes and the Fox Waterway. The homes are attached condominium units in one-level and two-level layouts, from compact studios up to two-bedroom plans, which makes it one of the more attainable ways to own lake-access property in the region. Some units overlook the marina, others are tucked into the wooded interior.
At a glance
Private marina and boat slips
Assigned slips, a boat launch, and channel access out to the Chain O'Lakes and the Fox Waterway. Slip rights vary by unit.
Private beach and pool
A gated community with a private beach, a swimming pool, and shared grounds, plus winter boat storage.
Attainable lake-access condos
Attached condominium units from studios to two-bedroom plans, among the more affordable lake buys in the area.
Gated, wooded setting
A gated entrance and a forested landscape, with parking set away from the residences for a quiet interior.
Fox Lake schools
Fox Lake Grade School District 114 (Lotus Elementary, Stanton Middle) and Grant Community High School District 124. Confirm by address.
Metra MD-N terminus
Fox Lake is the northern end of the Metra Milwaukee District North line, with all-day service to Chicago Union Station.
Next to Chain O'Lakes State Park
Boating, fishing, and trails at the adjacent state park and across the Chain O'Lakes.
US-12 and Route 59
US-12 and IL-59 are the main routes through Fox Lake toward the wider Lake County road network.
What’s close
Vacation Village sits on the north side of Fox Lake near Chain O'Lakes State Park, with US-12 and Route 59 the main routes and the Metra terminus in town.
- The water
- A private marina with assigned slips, a boat launch, a private beach, and channel access out to the Chain O'Lakes and the Fox Waterway.
- Parks and nature
- Chain O'Lakes State Park immediately north, with boating, fishing, and trails across the fifteen-lake Chain.
- Shopping
- Everyday shopping and dining in and around Fox Lake and neighboring Round Lake and Antioch.
- Hospital
- Regional hospital and medical options are within a drive along the US-12 and Route 59 corridors; confirm the nearest facility by address.
- Highway
- US-12 through town and IL-59 north to south toward Antioch and Volo.
- Train
- Metra Milwaukee District North service to Chicago Union Station from the Fox Lake terminus, roughly a 90-minute ride.
What it’s actually like to live here
Vacation Village is built around one idea: affordable, low-maintenance lake living within commuting distance of Chicago. For boaters and weekenders the appeal is obvious. You can walk from your unit to an assigned slip, motor out through the community channel, and spend the day on the Chain O'Lakes, then tie up at a pier-side restaurant for dinner. The gated entry, wooded common areas, private beach, marina, pool, and winter storage give it a resort feel that is hard to match at this price point, and because the units are condominiums with an active association, exterior upkeep is handled collectively.
That makes it a natural fit for second-home owners, downsizers, and first-time buyers who want lake access without the work of a detached house. The setting stays quiet because parking is placed up the slope away from the residences, and the interior is wooded and traffic-separated, while the state park and the wider Chain O'Lakes are right at the doorstep for boating, fishing, and trails.
The honest tradeoffs are real. The housing stock is older, from the early 1970s into the early 1990s, and varied, so condition, updates, and layouts differ a lot from unit to unit, and many plans are compact studios and one-bedrooms. This is condo ownership, which means monthly assessments and association rules, and the amount and inclusions vary by unit, so check them closely. Lake County property taxes are high as a percentage of value. And lake-access specifics such as slip availability and beach rights vary by unit and by the governing documents, so nothing about waterfront living should be assumed without verifying it for the exact unit.
The questions buyers actually ask
Vacation Village FAQ
The questions I get most from buyers shopping Vacation Village. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- Vacation Village is a condominium community with a mandatory association, managed by Associa Chicagoland. Monthly assessments vary by unit and by whether a boat slip is included, reported roughly in the range of the high $100s to high $500s a month. As a condo association they typically cover exterior and common-area upkeep, the wooded grounds, and shared facilities such as the private beach, marina, and pool. Confirm the current assessment and exactly what it covers against the association budget and declarations for the specific unit.
- What are property taxes like?
- Roughly $1,800 – $3,500 per year, depending on home size and value. Lake County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- What's the typical closing timeline?
- 30 to 60 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 60.
- Is Vacation Village single-family homes or condominiums?
- It is a condominium community. The homes are attached condo units in one-level and two-level layouts, from studios up to two-bedroom plans, set in a gated, wooded, marina community rather than a subdivision of detached houses.
- Does the community have lake access and boat slips?
- Yes. Vacation Village has a private marina with assigned boat slips, a boat launch, a private beach, and winter storage, with channel access out to the Chain O'Lakes and the Fox Waterway. Slip availability and specific access rights vary by unit, so confirm them for the exact unit you are considering.
- Is there an HOA and what does it cost?
- Yes, there is a mandatory condominium association managed by Associa Chicagoland. Monthly assessments vary by unit and by whether a boat slip is included, so ask for the exact current dues and what they cover, and review the association budget and declarations before you buy.
- What schools serve Vacation Village?
- The area is generally served by Fox Lake Grade School District 114, with Lotus Elementary and Stanton Middle School, and Grant Community High School District 124 for high school. Fox Lake spans several elementary districts, so confirm the exact assignment by address before relying on it.
- How is the commute to Chicago?
- Fox Lake is the northern terminus of Metra's Milwaukee District North line, with all-day service to Chicago Union Station in about 90 minutes. By car, US-12 and Illinois Route 59 are the main corridors.
- What do homes cost and how is the market?
- Vacation Village is one of the more affordable, entry-level ways to own lake-access property in the Fox Lake and Chain O'Lakes area. Prices and activity change constantly, so check the live Market snapshot on this page for current listings and values rather than a fixed number.
- Who is the real estate agent for Vacation Village?
- Joe Keegan is the local licensed Illinois real estate broker who covers Vacation Village in Fox Lake, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Vacation Village specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Vacation Village
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Fox Lake specialist
- Honest local market take
- Brokerocity
Market snapshot
Vacation Village, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$109,950
Typical sale price · last 90 days
$79,900
Homes for sale right now
4
Avg time on market
35 days
Sold in the last year
39
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 5, 2025 through August 5, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
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