115-117 Nippersink

2 Properties Offered at $1,750,000 in Fox Lake, IL

Executive Summary

***Seller financing options available***Newley renovated investment opportunity!!! Back on the market with a GREAT new price!!! Welcome to 115 and 117 Nippersink Road. The property consists of a leased brewery, 13 Hostel hotel rooms, and 5 apartments. All the hotel rooms and apartments will come fully furnished, and the property will be turnkey ready for the new owner to start making money from day one. Property has 120 feet of PRIME Nippersink Lake frontage!! Located in the heart of Fox Lake, this opportunity doesn't come around often to purchase multi-use ,waterfront, income-producing properties. There has recently been an 11-million-dollar lakefront park built down the street from the subject property with an amphitheater, a beach, and a splash pad. Come see what this great opportunity has to offer!

Property Facts

Price $1,750,000
Price / SF $171.47 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 10,206 SF
Total Land Area 1.11 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
The Randolph Hotel
115 Nippersink Blvd, Fox Lake, IL 60020
Hospitality 6,478 SF 1940 -
117 Nippersink Rd, Fox Lake, IL 60020 Multifamily 3,728 SF 1945 -
Show More > < Show Less
  • Listing ID: 33464272

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 115-117 Nippersink, Fox Lake, IL