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About This Home

This 0-bedroom, 0-bathroom commercial at 115 Nippersink Road in Fox Lake, IL is listed for $950,000. Built in 1945, on a 0.77 acres lot.

Agent Description

115 Nippersink Rd, known as the historic Randolph Hotel, is one of Fox Lake's most recognizable and storied lakefront landmarks. This recently updated mixed-use waterfront property includes a fully furnished and operating 13-room hotel/hostel with shared bathrooms, a 2-bedroom, 1-bath apartment with full kitchen and private bathroom, and a first-floor commercial space leased to Black Lung Brewing.

The property features approximately 53 feet of prime Nippersink Lake frontage, outstanding lake views, and direct proximity to boating, fishing, dining, entertainment, and the Chain O' Lakes lifestyle. The first-floor brewery/bar space provides an established commercial tenant, while the hotel/hostel rooms and apartment create multiple income streams within one iconic asset.

With its waterfront setting, operating hospitality component, commercial tenancy, and landmark character, 115 Nippersink Rd offers investors a rare opportunity to own a highly visible lakefront property in the center of Fox Lake's continued waterfront revitalization.

Key Features

  • Built in 1945
  • 0.77 acre lot
  • 3 stories

Property Details

3 stories
1945

Amenities

A/C

Monthly Cost Estimate

$5,081/mo

20% down · 6.5% · 30 years

Principal$687
Interest$4,117
Insurance$277

Estimates only. Actual payments may vary.

Location

115 Nippersink Road

Fox Lake, IL 60020

Property Details

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 115 Nippersink Road is listed at $950,000. The estimated monthly payment is $4,117 based on 20% down at 6.5% interest.

Key features include: Built in 1945, 0.77 acre lot, 3 stories.

This property is listed by Jason Bitton and can be reached at (847) 259-0202 or jason@jasoncre.com.

JB

Jason Bitton

Agent at RE/MAX Suburban

(847) 259-0202

Listed by RE/MAX Suburban

MLS# 12631494· Source: listhub· Updated 34 days ago

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115 Nippersink Road, Fox Lake, IL 60020

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