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37 Nippersink Boulevard

Fox Lake, IL 60020
  • $2,100,000
  • STATUS: Active
  • ON SITE: 252 Days
  • MLS #: 11419346
Price Reduced
UPDATED: 76 min ago
$2,100,000
  • 0
    BEDS
  • 0.61
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1971
County:
Area:

School Ratings & Info

Description

Well maintained 12 unit brick aptmnt bldg. located in the heart of Fox Lake - close to metra, shopping and Rt 12 for commuters. All units are 2 br, 1 bth, Living, Dining & Kitchen. Newer kitchen cabinets, laminate flooring and/or carpeting.Coin operated laundry on 2nd floor with 2 washers & 2 dryers. Plenty of parking - 34 spaces for 12 apartments! Parking lot recently re-surfaced & striped. Projected income over $164,000 w/all units leased. Experience your new home at Fox Valley Apartments in the heart of downtown Fox Lake - 37 Nippersink Blvd, Fox Lake, IL 60020. Fox Lake is an ideal place for residents. Two bedroom, one bath, living room, dining room and separate kitchen area. Easy access walk-up apartment. 12 unit building with on-site laundry, security system, plenty of parking for residents and your guests. Professionally managed by licensed real estate professionals. Great location in downtown Fox Lake just steps from the Metra train station and everything downtown Fox Lake has to offer. One block walk to public park and public beach on Fox Lake! Tenant pays their own electricity, AC, electric heat and cable/internet. Owner pays water, sewer, refuse. $85 credit and background check required for each applicant. Located in downtown Fox Lake, which has just been revitalized with new streets, sidewalks, street lights and new landscaping area the renovated Metro Train Station. Area has a brand new fresh look. Building is 100% leased with all tenants renewing their leases in 2022. Recent renovations to building include new common entrance doors and painting of common hallways and stairwells. Room for higher rents too! Sold As-Is. Broker owned and managed.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2023-02-08T20:58:21.41 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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37 Nippersink Boulevard Fox Lake, IL 60020

  • Price: $2,100,000
  • Status: Active
  • On Site: 252 Days
  • Updated: 76 min ago
  • MLS #: 11419346
0
Beds
0
Baths
0
½ Baths
0.61
Acres
1971
Built
Neighborhood:
Fox Lake
County:
Lake
Area:
Fox Lake
Property Description
Well maintained 12 unit brick aptmnt bldg. located in the heart of Fox Lake - close to metra, shopping and Rt 12 for commuters. All units are 2 br, 1 bth, Living, Dining & Kitchen. Newer kitchen cabinets, laminate flooring and/or carpeting.Coin operated laundry on 2nd floor with 2 washers & 2 dryers. Plenty of parking - 34 spaces for 12 apartments! Parking lot recently re-surfaced & striped. Projected income over $164,000 w/all units leased. Experience your new home at Fox Valley Apartments in the heart of downtown Fox Lake - 37 Nippersink Blvd, Fox Lake, IL 60020. Fox Lake is an ideal place for residents. Two bedroom, one bath, living room, dining room and separate kitchen area. Easy access walk-up apartment. 12 unit building with on-site laundry, security system, plenty of parking for residents and your guests. Professionally managed by licensed real estate professionals. Great location in downtown Fox Lake just steps from the Metra train station and everything downtown Fox Lake has to offer. One block walk to public park and public beach on Fox Lake! Tenant pays their own electricity, AC, electric heat and cable/internet. Owner pays water, sewer, refuse. $85 credit and background check required for each applicant. Located in downtown Fox Lake, which has just been revitalized with new streets, sidewalks, street lights and new landscaping area the renovated Metro Train Station. Area has a brand new fresh look. Building is 100% leased with all tenants renewing their leases in 2022. Recent renovations to building include new common entrance doors and painting of common hallways and stairwells. Room for higher rents too! Sold As-Is. Broker owned and managed.
Exterior Features

Exterior Building Type BrickFrame Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 31-50 SpacesCommon ParkingPaved Parking Total 34 Roof Composition Roof Structure Mansard

Interior Features

Basement None Cooling Wall Sleeve Heat Ventilation Electric Miscellaneous Inside Inside Corridor/SLaundry Room Number Of Dishwashers 0 Number Of Dryers 2 Number Of Ranges 12 Number Of Washers 2

Property Features

Additional Parcels YN Yes Approximate Age Older Building Area Total 11640 Built Before1978 YN Yes Current Use Multi-Family Electric Circuit BreakersSeparate MetersService - 0 To 100 Amps Fire Protection Fire Extinguisher/SSmoke Or Fire Protectors Gross Income 163800 Gross Scheduled Income 163800 Insurance Expense 4083 Location Central Business District Maintenance Expense 3350 Mls Actual Status Active Net Operating Income 109046 Operating Expense 23875 Ownership Types Limited Liability Corp Possible Use Commercial Tax Annual Amount 23795 Tax Year 2021 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 13650 Township Grant Type Multi Family 5+ Utilities Sanitary SewerWater-MunicipalWater To Site Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 847-234-8000.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2023-02-08T20:58:21.41 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Champaign IL, 61822