Closed

$250,000

43 Nippersink Road, Fox Lake, IL 60020
4 Beds3 Baths21 days
43 Nippersink Road·Fox Lake, IL 60020
4Bedrooms
3Bathrooms
1940Year Built
About This Home

Welcome, investors! A charming two-apartment property nestled in the heart of the Village of Fox Lake. Located steps from Nippersink Lake and Park. This easy-to-operate investment boasts a spacious first-level apartment and a second-level studio apartment. Each unit offers its unique blend of comfort and convenience. Each unit features separate utilities and on-site parking. The full basement is currently unfinished. Consider a vision of operating your own business in Fox Lake. The residents can enjoy the rear yard for outside gatherings. The side drive offers convenient parking, adding to the property's appeal. It's only a few steps from the newly constructed and picturesque Lakefront Park and Nippersink Lake. Residents can enjoy the aliveness of activities and events. The vibrant entertainment area of downtown Fox Lake is also within easy reach. The easy access Fox Lake train station and Rte 12 Rand Rd nearby. This property is an excellent opportunity for investors or live-in owners. The affordable expenses and rental demand make this easy to own. Don't miss the chance to own a piece of Fox Lake's charm at 43 Nippersink Rd - where investment potential and lakeside living harmoniously meet. Long-time month-to-month tenants on the 1st floor paying lower than market rent.

MLS# 12208492Listed January 1, 2025Residential IncomeBungalowSubdivision: Marvin's
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms3
Total Rooms7

Size & Structure

Year Built1940
Lot Size0.100 acres

Location

CountyLake
TownshipGrant
SubdivisionMarvin's
Zip Code60020

Financial

List Price$250,000
Annual Taxes (2023)$4,103
Monthly Tax Est.$342
Parcel #05092020120000
Interior Features

Heating

Natural GasElectricBaseboardRadiant

Basement

UnfinishedFull
Exterior & Lot

Roof

Asphalt
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Off StreetOn SiteOwned
HOA & Community

Community Features

ParkLakeSidewalksStreet LightsStreet Paved
Schools
Elementary
Lotus School
District: 114
Middle School
Stanton School
District: 114
High School
Grant Community High School
District: 124
Tax & Financial
Annual Taxes
$4,103
Tax Year 2023
Monthly Tax Est.
$342
per month
Property Location

43 Nippersink Road, Fox Lake, IL 60020Lake County

$250,000
43 Nippersink Road
4 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
21 days on market
0.100 acres
$4,103/yr taxes
$1,656
estimated monthly payment
Principal & Interest
$1,314/mo
Property Tax
$342/mo
$250,000
20% — $50,000
3%50%
6.875%
3%12%
Loan Amount
$200,000
Down Payment
$50,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Keller Williams Success Realty
Agent: Ted Breden
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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