$625,000

117 Nippersink Boulevard, Fox Lake, IL 60020

  • 3,728 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1945
  • Property Lot Size Icon0.39acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $168/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Discover a rare opportunity to own a beautifully maintained 5-unit lakefront property on the serene shores of Nippersink Lake, part of the Chain O'Lakes in northern Illinois. Whether you're seeking a turn-key investment, a multi-family getaway, or the perfect blend of both, this unique property offers endless potential. This lakefront property is currently used as short-term rentals under a special use permit from Lake County. Each unit offers a private entrance and open-concept layouts with modern kitchens and updated baths. Three of the units are larger with 2 bedrooms, ideal for year-round living or premium short-term rentals. The remaining two are cozy 1 bedroom units perfect for weekend getaways, each offering warm, inviting interiors with rustic charm and contemporary finishes. This property is offered completely furnished! The outdoor seating provides a place to relax and take in the panoramic views. Boating, fishing, and watersports are a few doors down from the property. Up the road is the brand new Lakefront Park - Fox Lake (opening Memorial Day weekend) with an ADA-compliant pier and boardwalk, pickleball courts, splash pads, sand beach, and even fishing allowed off the rocks on either side of the beach. Lakefront Park will also be the new location of Friday Night Live Concerts starting on June 6, 2025. Located minutes from other attractions such as downtown Fox Lake, shopping, dining, and the Metra station, this property truly offers the ideal balance of tranquility and accessibility. It's a smart investment in a highly desirable lakefront community. Seller financing IS available. Don't miss your chance to own this exceptional property on Nippersink Lake - schedule your private showing today!

Listing Status:
Pending
Listing Office:
Hearth & Home Real Estate LLC : 630-724-7920
Listing Agent:
Jennifer Webb : 312-315-8315
MLS ID:
12365383

This listing courtesy of Jennifer Webb, Hearth & Home Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Grant Community High School

285 E Grand Ave, Fox Lake, IL, 60020

Grades 9-12

1.34 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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