115 Nippersink RD Active

Fox Lake,IL 60020

$ 995000

- Bed

0 Bath

5062 SqFt


Key Details

Property Type Commercial

Sub Type Bus / Bus w/Real Est

Listing Status Active

Purchase Type For Sale

Square Footage 5,062 sqft

Price per Sqft $196

MLS Listing ID 12220975

Annual Tax Amount $18,155

Tax Year 2023

Lot Dimensions 84X486X523X53

Property 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!

Location

State IL

County Lake

Area Fox Lake

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electric to Site,Gas to Site

Building

Dwelling Type Bus / Bus w/Real Est

Level or Stories 3

Structure Type Concrete

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