117 Nippersink Road
Fox Lake, IL, 60020
$550,000
4 Beds
2 Baths
0 SqFt
0.38 Acres
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MLS #MRD12631497 image #0
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.

Property Details

Price:
$550,000
MLS #:
MRD12631497
Status:
Active
Beds:
4
Baths:
2
Type:
Commercial
Neighborhood:
foxlake
Listed Date:
Apr 28, 2026
Year Built:
1945
Fox LakeFoxlake

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Schools

Interior

Exterior

Stories
2

Financial

Maintenance Fee
$999
Net Operating Income
$999
Tax Year
2025
Taxes
$13,620

Map

Community

Market Summary

Current real estate data for Commercial in Fox Lake as of Jun 13, 2026
4
Commercial Listed
111
Avg DOM
$1,099,975
Avg List Price

Property Summary

    117 Nippersink Road Fox Lake IL is a Commercial for sale in Fox Lake, IL, 60020. It is listed for $550,000

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117 Nippersink Road
Fox Lake, IL