Real Estate Investing in Fox Lake, Illinois

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

2 ZIP codes • Population: 19,766 • Lake County

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Should you buy in Fox Lake, IL? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Fox Lake, IL?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $289,935
Avg Monthly Rent $1,443
ZIP Codes 2

Investing in Fox Lake Real Estate

Fox Lake in Illinois is one of the markets where the numbers warn before they reward — 2 ZIPs, a sizable population, and a rating that reflects material risk.

decisively Fox Lake's aggregate rating of ★★★☆☆ reflects lackluster investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

The $1,443/mo / $290K relationship in Fox Lake looks sluggish once vacancy and capex are incorporated into underwriting. leans the realized yield tends to disappoint.

The 0% renter share in Fox Lake masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Chicago-Naperville-Elgin, IL-IN-WI

Fox Lake is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable → 1% Rule →

Landlord Ground Truth

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Avg Home Value
$289,935
Avg Monthly Rent
$1,443
1% Rule
✗ Below
Landlord Friendly (IL)

ZIP Codes in Fox Lake, IL

Screen every ZIP in Fox Lake

Filter Fox Lake’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Fox Lake, IL

Do landlords face vacancy issues in Fox Lake, IL?

Expect elevated vacancy in Fox Lake, IL. Rents at $1,443/mo are absorbed by the tenant base without meaningful lag.

What investment strategy works best in Fox Lake, IL?

In Fox Lake, IL the notable play is typically careful cash-flow rentals with hands-on management. The combination of $290K prices and $1,443/mo rents suits that approach.

How expensive is real estate in Fox Lake, IL?

The median home value in Fox Lake, IL is roughly $290K. That puts it reasonable relative to the IL statewide average.

How strong is the working-renter base in Fox Lake, IL?

The renter base in Fox Lake, IL is reasonable for the $1,443/mo price point. Screening well and pricing to market typically yields consistent tenants.

Is real estate in Fox Lake, IL a good investment right now?

Fox Lake, IL rates 3.0/5 for investability. With median values at $290K and rents near $1,443/mo, the market offers reasonable fundamentals for rental investors.

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