Historic Fox Lake hotel, former Capone retreat, hits market for $7 million
A historic Fox Lake landmark hotel that once went up for auction on eBay is now on the market in a more traditional method.
The Mineola Hotel, at one time famous as a weekend retreat for mobster Al Capone, has been listed by Baird & Warner real estate services for $7 million, officials said.
The 133-year old hotel, which has been closed since the 1960s, is included in the Mineola's 16-acre parcel along the shores of Fox Lake. The property also includes a bar and restaurant that has been shuttered since 2012, an operational marina and a single-family residence, owner Pete Jakstas said.
"Bottom line, I'm 80 years old and its time to retire," Jakstas said, adding he's been working at the Mineola Marina for 64 years. "I have been doing this all of my life, and I really enjoyed it. But I've been doing this for a long time, and I think it's time for me to get out and enjoy what's left of my life."
Real estate agent Terri Mlyniec said the hotel is listed on the National Register of Historic Places by the United States Department of Interior and Parks. That means the property is designated as a landmark, but does not prevent its next owner from making any changes they see fit, Mlyniec said.