$995,000
( $196.56Per Sq Foot )
 $5,341 est/mo Sourced by Back At You

115 Nippersink Road , Fox Lake, IL 60020

Fox Lake, IL 60020

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Description

Welcome to 115 Nippersink Rd. This recently updated prime waterfront investment opportunity is the only hotel and brewery on the Chain O' Lakes!!! The property consists of a leased brewery and 13 Hostel hotel rooms. All the hotel rooms come fully furnished, and the property will be turnkey ready for the new owner to start making money from day one. There is also a 2 bedroom, 1 bathroom apartment with full kitchen and private bathroom. Enjoy the amazing water views from the balcony of the unit. Property has 53' 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!

Details

MLS#12220975
Listing TypeFor Sale
StyleCommercial
Building NameCONFIDENTIAL
Sub-TypeResale
StatusActive
Days On Site64
Listing Provided ByHomeSmart Connect LLC | Bradley Fox

Features

SQ Feet5,062
Story(s)3
ZoningCOMMR
Water FrontYes

Market Activity 60020

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Learn More About This Property

StateIL
CountyLake
CityFox Lake
Zip Code60020
AreaFox Lake
Listing VS Median (in 60020)
Price:
$995,000
low | high
Med:
$272,500
100% of Average
SqFt:
5,062
low | high
Med:
1,854
100% of Average
$ / SqFt:
$197
low | high
Med:
$147
75.180813050491% of Average
On Site:
64
low | high
Med:
55.500000
100% of Average
Sourced by Back At You
Listing Updated: December 13, 2024 at 5:50:16 PM PST