$625,000
( $167.65Per Sq Foot )
 $3,355 est/mo Sourced by Back At You

117 Nippersink Boulevard,Fox Lake, IL 60020

Fox Lake, IL 60020

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Description

***Broker Open with or without Clients on Saturday, June 21st - 12 noon until 2 PM. RSVP Required: Contact LA for more details*** 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!

Details

MLS #12365383
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1945
Days On Site38
Listing Provided ByHearth & Home Real Estate LLC | Jennifer Webb

Features

SQ Feet3,728
Story(s)2
Units5
ZoningMULTI
Acreage0.39

Interior

CoolingCentral Individual

Taxes

Property13620

Market Activity 60020

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StateIL
CountyLake
CityFox Lake
Zip Code60020
AreaFox Lake
Listing VS Median (in 60020)
Price:
$625,000
low | high
Med:
$325,000
98% of Average
SqFt:
3,728
low | high
Med:
2,501
82.913090128755% of Average
$ / SqFt:
$168
low | high
Med:
$130
72.488604558177% of Average
On site:
38
low | high
Med:
29.000000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $468K - $781K
SqFt: 2,500 - 4,500
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137 Forest Avenue Property Photo 1
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Fox Lake, IL 60020
135 Cora Avenue Property Photo 1
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Fox Lake, IL 60020
Listing Updated: June 14, 2025 at 2:50:13 PM PDT