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$1,775,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 11,400 Sq. Ft.
  • Updated 18 hours ago
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Well-maintained, brick 12-unit apartment building located in desirable Fox Lake. Walking distance to Downtown Fox Lake, Metra Station, and local shopping and dining options. Property is all two-bedroom units and includes two parking spaces per unit. Building features on-site laundry facility, security system, and balconies/patios. Recent improvements include fresh exterior paint in 2025, new laundry room and hallway carpet in 2024, new attic ventilation added with new roof and gutters. Property is zoned for commercial and residential. Each unit has electric baseboard heat that is paid by the tenants.

Full Property Details for 37 Nippersink Rd

General

  • Price: $1,775,000
  • HOA FEE: $3,600
  • Taxes: $27,838 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12570364
  • Updated: 2/18/2026
  • Added to Site: 1 day(s) ago

Interior

  • Basement: None
  • Interior Features: Inside Corridor(s), Laundry Room

Additional Information

  • Security/Safety: Fire Extinguisher(s), Smoke or Fire Protectors

Location

  • Area: Fox Lake
  • County: Lake
  • Township: Grant
  • Driving Directions: Route 12 - East on Grand Avenue - North on Nippersink
  • Location Details: Central Business District

Heating & Cooling

  • Cooling Type: Wall Sleeve
  • Heating Type: Electric

Utilities

  • Water: Municipal Water
  • Trash: 4405
  • Onsite: Sewer Connected, Water Available

Structural Information

  • Construction: Brick, Wood, Frame
  • Exterior Const.: Brick, Wood, Frame
  • Basement Desc.: None
  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 11,400
  • Current Bldg. Use: Multi-Family
  • Year Built: 1970
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 12
  • Units w/Range/Oven: 12
  • # Dryers: 2

Lot Features

  • Lot Size (Acres): 0.64
  • Lot Size (Sq. Ft.): 27,852
  • Lot Dimensions: 27, 852 SF
  • Frontage: City Street
  • Potential Use: Commercial, Multi-Family
  • Zoning: MULTI

Financial Considerations

  • Maint. Fee: $3,600
  • Insurance Fee: $6,519
  • Operating Expenses: $74,012
  • Other Fee: $6,630
  • Security Deposit: Fire Extinguisher/s, Smoke or Fire Protectors
  • Assessment Year: 1970
  • Tax Amount: $27,838
  • Tax Year: 2024
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Pays Electric: 1371
  • Pays Trash: 4405

Disclosures and Reports

  • Property ID: 5092020260000

Listed by Marcus & Millichap Chicago Apartment Brokers

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— 37 Nippersink Rd —

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Schools serving 37 Nippersink Rd

School Districts:Fox Lake Grade School District 114, Grant Community High School District 124
NameGradesDistance
Stanton School
101 Hawthorne Lane, Fox Lake, IL 60020
5-81.2 mi
Lotus School
29067 W Grass Lake Rd, Spring Grove, IL 60081
PK-42 mi
Grant Community High School
285 East Grand Avenue, Fox Lake, IL 60020
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 37 Nippersink Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/18/2026
Listed
$1,775,000
82.05%
MLS
4/25/2019
Sold
$975,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 37 Nippersink Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$27,814
12%
$336,453
6%
2023
$24,807
6%
$316,960
16%
2022
$23,500
—
$272,665
9%
2021
$23,553
2%
$250,874
1%
2020
$23,111
—
$247,289
2%
2019
$23,111
2%
$243,587
6%
2018
$22,604
5%
$230,783
—
2017
$21,624
-9%
$231,083
9%
2016
$23,649
5%
$211,344
7%
2015
$22,555
—
$197,223
-23%
2014
$22,627
—
$254,977
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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37 Nippersink Road, Fox Lake, IL 60020 (MLS# 12570364) is a Commercial property. 37 Nippersink Road is currently listed for $1,775,000 and was received on February 18, 2026. Want to learn more about 37 Nippersink Road? Do you have questions about finding other Commercial real estate for sale in Fox Lake? You can browse all Fox Lake real estate or contact a Coldwell Banker agent to request more information.

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