Active45 days on market
$188,500
$200,000 · just reduced
74 Cathryn Street
Fox Lake, IL 60020
- Beds
- 3
- Baths
- 2 full
- Sqft
- 1,456
- $/sqft
- $129
- Built
- 1945
- Type
- Single Family
- MLS#
- MRD12735706
About this home
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.
Payment calculator
Estimated monthly cost for this home
20% · $38K
%
Term
$1,496/mo
- Principal & interest
- $1,032
- Property taxes
- $409
- Home insurance (est.)
- $55
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (7.28%, 2026-10-01). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
Price & tax history
| Current price | $188,500▼ $11,500 from original |
| Listed Aug 18, 2026 | $200,000 |
| 2025 property taxes | $4,905/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Schools
Assigned schools per the listing's MRED record. Always verify with the district before you buy.
Elementary
Lotus School
114
Middle
Stanton School
114
High school
Grant Community High School124
See programs, enrollment & homes near this school →
Where it sits
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of 1 Percent Lists Homegrown Realty, listed by Jacob McVey.
Information last updated Oct 1, 2026, 4:40 PM.
74 Cathryn Street
Fox Lake, IL 60020
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Local. They live in the area and know what’s behind these floor plans, not someone who paid for a lead.
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Call 224-385-8779Property details
Sourced from the MRED MLS feed. Last updated when the listing was modified.
- Cooling
- Central Air
- Heating
- Natural Gas
- Basement
- Partially Finished, Rec/Family Area, Full, Walk-Out Access
- Rooms total
- 6
- Fireplaces total
- 0