117 Nippersink Boulevard Fox Lake, IL $ 545,000
117 Nippersink Boulevard
$ 545,000
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117 Nippersink Boulevard

Fox Lake, IL, 60020
$ 545,000
Bedrooms3 Baths0.0 Sq 3,728

Monthly Estimate*

$ 3,400

117 Nippersink Boulevard, Fox Lake, IL 60020 - Image 1
117 Nippersink Boulevard, Fox Lake, IL 60020 - Image 2
117 Nippersink Boulevard, Fox Lake, IL 60020 - Image 3
117 Nippersink Boulevard, Fox Lake, IL 60020 - Image 4
117 Nippersink Boulevard, Fox Lake, IL 60020 - Image 5
117 Nippersink Boulevard, Fox Lake, IL 60020 - Image 6

Multi-Family Home for sale in Fox Lake, IL

for $545,000 with 3 bedrooms. This 3,728 square foot home was built in 1945 on a lot size of 0.39.

Discover a rare 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, this unique property offers endless potential. This lakefront property is currently used as short-term rentals under a special use permit from Lake County. Each unit offers a private entrance and open-concept layouts with modern kitchens and updated baths. Three of the units are larger with 2 bedrooms, ideal for year-round living or premium short-term rentals. The remaining two are cozy 1 bedroom units perfect for weekend getaways, each offering warm, inviting interiors with rustic charm and contemporary finishes. This property is offered completely furnished! The outdoor seating provides a place to relax and take in the panoramic views. Boating, fishing, and watersports are a few doors down from the property. Up the road is the brand new Lakefront Park - Fox Lake (opening Memorial Day weekend) with an ADA-compliant pier and boardwalk, pickleball courts, splash pads, sand beach, and even fishing allowed off the rocks on either side of the beach. Lakefront Park will also be the new location of Friday Night Live Concerts starting on June 6, 2025. Located minutes from other attractions such as downtown Fox Lake, shopping, dining, and the Metra station, this property truly offers the ideal balance of tranquility and accessibility. It's a smart investment in a highly desirable lakefront community.

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Multi-Family Active

Price

$ 545,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 13,620

Style

Special Use

Lot Size

0.39

Year Built

1945

Town/City

Fox Lake

County/Region

Lake

MLS | Web ID

12365383

Features
General
Cooling Central Individual
Possession Closing
Zoning MULTI
Year Built 1945
Electric Separate Meters Service - 101 to 200 Amps
Stories Count 2
Township Grant
Tax Year 2024
Current Use Special Use
Gross Income 1
County Lake
Net Operating Income 1
Operating Expense 1
Insurance Expense 1
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 1
Possible Use Commercial Multi-Family
Status Active
Directions From US Route 12 turn onto Grand Ave (CR-A20) toward Dart Rail/Business District. Turn left onto Forest Ave (CR-A20). Go for 328 ft. Turn slightly left onto Forest Ave. Go for 0.4 mi. Turn slightly
City Fox Lake
Number Of Units Total 5
MLS Area Fox Lake
Lot Size Square Feet 16945
Tax Annual Amount 13620
Electric Expense 1
Fuel Expense 1
Trash Expense 1
Water Sewer Expense 1
Additional Parcels Y/N N
Standard Status Active
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Interior
Basement None
Total Fireplaces 0
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Exterior
Building Area Total 3728
Lot Dimensions 50X217X74X232
Lot Size Acres 0.39
Frontage Type City Street
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* Excluded Features
List By
Hearth & Home Real Estate Llc

Broker

jennifer@hearthhomesales.com

Email

Affordability Calculator

$4,535
Per Month
75%
25%
0%
Monthly Principal & Interest
$3,400
Monthly Property Taxes
$1,135
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/17/2025$545,000 -8.40% Price Down
10/29/2025$595,000 -4.80% Price Down
5/14/2025$625,000 Listed Price

Map


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117 Nippersink Boulevard, Fox Lake, IL, 60020 is a Multi-Family Home for sale at $545,000 with 3,728 sqft and a lot size of 0.39. 117 Nippersink Boulevard has 3 bedrooms, 0.0 baths, and was built in 1945. The property's zip code is 60020 which is in Fox Lake, IL