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.? Iconic Randolph Hotel waterfront landmark Approx. 4,916 SF mixed-use investment property Fully furnished and operating 13-room hotel/hostel Shared bathroom hotel/hostel layout First-floor commercial space leased to Black Lung Brewing Additional 2-bedroom, 1-bath apartment with full kitchen Approx. 53 feet of Nippersink Lake frontage Excellent lake views and Chain O’ Lakes exposure Steps from Fox Lake’s new lakefront park, amphitheater, beach, splash pad, and boardwalk Multiple income streams: hospitality, residential, and commercial lease income Can be purchased separately or together with adjacent 117 Nippersink Rd