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About This Home
This 10-bedroom, 5-bathroom residential multi family at 117 Nippersink Road in Fox Lake, IL is listed for $550,000. Built in 1945, on a 0.38 acres lot.
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.
Key Features
- Built in 1945
- 0.38 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$2,942/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
117 Nippersink Road
Fox Lake, IL 60020
Questions & Answers
This 10-bedroom, 5-bathroom residential multi family at 117 Nippersink Road is listed at $550,000. The estimated monthly payment is $2,383 based on 20% down at 6.5% interest.
Key features include: Built in 1945, 0.38 acre lot, 2 stories.
This property is listed by Jason Bitton and can be reached at (847) 259-0202 or jason@jasoncre.com.