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117 Nippersink Road Fox Lake, IL 60020

$550,000
New / MLS# 12631497 / Multi Unit - Multiple / Fox Lake
0 Beds

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.

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Baird & Warner Jim Abbott Agent Cell: 847.668.8955 Email

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Estimated Payment

$ 2,517.64 per month $1,222.22 Principal & Interest $1,135.00 Property Tax $160.42 Homeowner's Insurance
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Property Details

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

Location

See details and scored characteristics about this location.

Listing Office: RE/MAX Suburban

Listing Office Phone: 847-367-8686



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