Lakefront commercial opportunity! Former tavern with 7 residential apartments on the water (with piers) that is currently completely vacant. Possible short term rentals, subject to village approval. The property needs work, but has tremendous potential! There are three buildings on the property located at the corner of Arthur and Cathryn overlooking Nippersink Lake on the Chain! Great sunset views and a beautiful deck. There is a road easement that goes through the property. Gaming machines may be possible. Located near the downtown, the train, and the Lakefront Park where they have summer concerts every week. Approximately 80' of lake frontage.
— the listing agent’s description
The home
Lot 75 x 175
Bus / Bus w/Real Est
What it’ll cost
$13,459 taxes / yr
No HOA
7 days on dwello
Estimated monthly payment
$4,370/mo
Principal & interest$3,079
Property taxes$1,122
Homeowners insurance$169
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This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.