117 Nippersink Road — Fox Lake, IL 60020
Active
▼ $20,000
Fox Lake, IL 60020

117 Nippersink Road

$445,000
0 beds · 0 baths
$20,000 below original 107 days on market $13,620/yr taxes
01About this home

Discover a rare and time-sensitive 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, properties like this rarely come to market and offer exceptional long-term potential. Currently operating as short-term rentals under a special use permit from Lake County, this lakefront gem features five units, each with a private entrance and open-concept layout, modern kitchens, and updated baths. Three spacious 2-bedroom units are ideal for year-round living or high-performing premium rentals, while two charming 1-bedroom units provide cozy weekend retreats with warm interiors, rustic charm, and contemporary finishes. Offered fully furnished, this is a true plug-and-play investment. Outdoor seating areas invite guests to relax and enjoy panoramic lake views, while boating, fishing, and watersports are just a few doors away. Just up the road, the brand-new Lakefront Park - Fox Lake opens Memorial Day weekend and features an ADA-compliant pier and boardwalk, pickleball courts, splash pads, a sand beach, and fishing access. The park will also host Friday Night Live Concerts beginning June 6, 2025, adding even more appeal for residents and guests alike. Located minutes from downtown Fox Lake, shopping, dining, and the Metra station, this property offers the perfect balance of tranquility and convenience. With strong rental demand and an unbeatable lakefront setting, this is a smart investment in a highly sought-after community-one you won't want to miss. Property is being offered as-is, where is.

02Inside the home
03By the numbers
$445,000
List price
Square feet
Bedrooms
Bathrooms
1945
Year built
Lot size
Garage spaces
$13,620
Annual taxes
Multi Family 5+
Style
107
Days on market
04Features
Cooling
Window Unit(s)
05Neighborhood
  • Asian Fusion 0.4 mi
  • Fifty K Bar 0.4 mi
  • Lucky Bernie's 0.4 mi
  • JV Seafood & Sushi 0.5 mi
  • Golden Dragon Chinese Restaurant 0.5 mi
  • Rosati's 0.5 mi
  • Graham's Marketplace 0.3 mi
  • MC Shop 0.4 mi
  • Shell 0.4 mi
  • Thorntons 0.5 mi
  • Los Perez Supermarket 0.5 mi
  • Mobil Mart 0.6 mi
  • Lakefront Park 900 ft
  • Lake Street Park 1.3 mi
  • Dunkin' 0.6 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

May 4, 2026
Listed for sale
RE/MAX Suburban · 7 days on market
$550,000
Apr 28, 2026
Listed for sale
RE/MAX Suburban
$550,000
Apr 24, 2026
Price reducedThis listing
Hearth & Home Real Estate LLC
$445,000
−$20,000
Jan 8, 2026
Listed for saleThis listing
Hearth & Home Real Estate LLC
$465,000
Sourced from MRED. Older events appear here as our history backfill completes.
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08See it for yourself

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09Similar homes
Listed by Hearth & Home Real Estate LLC · Jennifer Webb · 630-724-7920
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12543555
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