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$ 995,000
Est. payment | /mo
5,062 SqFt
$ 995,000
Est. payment | /mo
5,062 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 Sub-Type Bus / Bus w/Real Est
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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Listed by Bradley Fox • HomeSmart Connect LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "