

Listed by RE/MAX Suburban
$950,000
115 Nippersink Road
Details
APN 05044020520000
Property Type Mixed Use
Sub Type Mixed Use
Units 14
Year Built 1945
Stories 3
Lot Size (SqFt) 33,354
Zoning COMMR
Mixed Use
Marketing description
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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Listed by RE/MAX Suburban
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