Courtesy: RE/MAX Suburban
847-367-8686
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.
Courtesy: RE/MAX Suburban
847-367-8686
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.
Courtesy: Realty World Tiffany R.E.
847-395-1010
Great Investment building for the Investor or Owner occupant. Four unit building with great exposure right on Highway 12 in Fox Lake. Two side by side commercial units on the main level and an efficiency apartment unit. One side is leased out by a Barber that has been there for 4 years and would like to stay. Second unit is currently vacant, has been totally remodeled, and ready to lease @$1500.00/mo or become owner occupied. Second unit has access to around 440 Sq' Ft of finished office or storage space in Basement. The efficiency apartment in rear of building on the main level is one big room, bedroom area, kitchen area, and a bathroom. The second floor has a large living room open to the Kitchen, 2 bedrooms, 1 full bath, and a walk out roof top patio. The full basement is clean and has the mechanicals and lots of storage space. This building has been well maintained, sits on 2 lots (.34 acres), and has parking for around 25 cars. The current tenents are all on a month to month lease. Contact agent for showings.
Courtesy: Lakes Realty Group
224-225-1139
Excellent location in the central business district, this property comes with the prime opportunity to utilize the existing large warehouse building or develop the land for a new commercial use. Located next to the PUD for entertainment development as well as the new Culver's and Ben Watt's Marina. Prior use was an automotive repair shop and showroom. There are three rooms for repairs with two story ceilings and 5 large Drive in Doors. Multiple hanging heaters, high level shop lighting, and floor drain still in place. Lifts and all other equipment have been removed. There is one large showroom in front and multiple offices behind. Ideal location for redevelopment into a retail space with the incredible visibility on HWY 12. Owner will consider financing. Phase 2 Environmental has been completed and came back clean. All measurements approximate and to be verified by buyer and buyer's agent.
Fox Lake is located in Illinois. Fox Lake, Illinois has a population of 10,945. Fox Lake is less family-centric than the surrounding county with 23.62% of the households containing married families with children. The county average for households married with children is 36.27%.
The median household income in Fox Lake, Illinois is $64,221. The median household income for the surrounding county is $97,127 compared to the national median of $69,021. The median age of people living in Fox Lake is 46.2 years.
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 13.5 degrees. The average rainfall is approximately 36.1 inches per year, with 40.1 inches of snow per year.
