115 Nippersink Road Fox Lake, IL $ 950,000
115 Nippersink Road
$ 950,000
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115 Nippersink Road

Fox Lake, IL, 60020
$ 950,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,849

115 Nippersink Road, Fox Lake, IL 60020 - Image 1
115 Nippersink Road, Fox Lake, IL 60020 - Image 2
115 Nippersink Road, Fox Lake, IL 60020 - Image 3
115 Nippersink Road, Fox Lake, IL 60020 - Image 4
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115 Nippersink Road, Fox Lake, IL 60020 - Image 8
115 Nippersink Road, Fox Lake, IL 60020 - Image 9

Commercial Property for sale in Fox Lake, IL

for $950,000. This building was built in 1945 on a lot size of 0.765702.

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.

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Commercial Active

Price

$ 950,000

Property Type

Commercial

Taxes

$ 27,915

Style

Lot Size

0.765702

Year Built

1945

Town/City

Fox Lake

County/Region

Lake

MLS | Web ID

12631494

Features
General
Cooling Central Air
Zoning COMMR
Year Built 1945
Electric Circuit Breakers
Stories Count 3
Tax Year 2025
Gross Income 999
County Lake
Insurance Expense 999
Property Type Commercial Sale Mixed Use
Status New
Directions S on Rt 12 E on Oak St N on Forest W on Nippersink
City Fox Lake
Number Of Units Total 14
MLS Area Fox Lake
Lot Size Square Feet 33354
Tax Annual Amount 27915
Electric Expense 999
Fuel Expense 999
Trash Expense 999
Water Sewer Expense 999
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 84X486X523X53
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* Excluded Features
List By
Re/Max Suburban

Broker

jason@jasoncre.com

Email

Affordability Calculator

$8,176
Per Month
72%
28%
0%
Monthly Principal & Interest
$5,849
Monthly Property Taxes
$2,326
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4/28/2026$950,000 Listed Price

Map


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115 Nippersink Road, Fox Lake, IL, 60020 is a Commercial Property for sale at $950,000 with a lot size of 0.765702. 115 Nippersink Road was built in 1945. The property's zip code is 60020 which is in Fox Lake, IL