117 Nippersink Rd is a fully furnished 5-unit lakefront rental property positioned on the shores of Nippersink Lake, part of the Chain O’ Lakes in northern Illinois. The property operates with a flexible hybrid rental strategy, utilizing mid-term monthly tenants from approximately September through April and dynamic peak-season lakefront guest stays during the warmer boating season. This structure allows ownership to capture stable off-season income while preserving upside during Fox Lake’s high-demand summer season.
The property includes five updated units, each with private entrance, open-concept layout, modern kitchen, and updated bath finishes. The unit mix consists of three spacious 2-bedroom units and two 1-bedroom units, all offered fully furnished for a plug-and-play investment. Outdoor seating areas, lake views, nearby boating, fishing, dining, downtown Fox Lake, Metra access, and the new lakefront park all contribute to strong rental appeal.
Updated Investment Highlights for 117
5-unit fully furnished lakefront rental property
Approx. 3,608 SF
Flexible hybrid rental model
Mid-term monthly tenants from approximately September–April
Dynamic peak-season guest rental income during summer months
Owner-provided 2025 gross income of approximately $113,594
Owner-provided 2025 NOI before debt service of approximately $83,924
Three 2-bedroom units and two 1-bedroom units
Private entrances, updated kitchens, and updated baths
Utilities paid by mid-term tenants during off-season occupancy
Direct lakefront setting near boating, fishing, downtown Fox Lake, Metra, and new lakefront park