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117 Nippersink Road , Fox Lake, IL 60020

$550,000
  • 117 Nippersink Road , Fox Lake, IL 60020 Main Photo

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New to the Market New
BEDS0 BATHS MLS#12631497
STATUSNew PROPERTY TYPEMulti Unit - Multiple

Property Description

117 Nippersink Rd is a fully furnished 5-unit lakefront rental property located directly on the serene shores of Nippersink Lake, part of the Chain O' Lakes in northern Illinois. The property has been operating as short-term rentals and is currently in the process of transitioning to long-term rentals, offering investors flexibility between hospitality-style income, stabilized residential income, or a hybrid rental strategy. The unit mix includes three spacious 2-bedroom units and two charming 1-bedroom units, each with a private entrance, open-concept layout, updated kitchen, and modern bath finishes. Outdoor seating areas provide guests and residents with lakefront atmosphere, water views, and easy access to boating, fishing, and waterfront recreation. Located minutes from downtown Fox Lake, shopping, dining, and the Metra station, 117 Nippersink Rd offers a strong blend of lakefront lifestyle, rental demand, and convenience. The property is also located just up the road from Fox Lake's new lakefront park, adding significant nearby amenity value for residents and guests.

117 Nippersink Road | MLS# 12631497

This multi-family property located at 117 Nippersink Road , Fox Lake, IL 60020 is currently listed for sale with an asking price of $550,000. Search Fox Lake real estate on tewing.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.38 Acres
Stories: 2.0
Taxes: $13,620
Year Built: 1945

Feature Descriptions

HVAC: Central Heat/Indiv Controls
Lot Dimensions: 50x232x74x217x14
Parcel#: 05044020480000
Units: 5

Listed By / Shown By

Listed By

Agency Name: RE/MAX Suburban
Agency Phone: 847-367-8686

Shown By

Agent Name: Tom Ewing
Agent Phone: Cell: (815) 703-6677
Agency Title: Gambino Realtors

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Estimated Payment

$ 3,793.69 per month $2,498.27 Principal & Interest $1,135.00 Property Tax $160.42 Homeowner's Insurance

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