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Multifamily

37 Nippersink Blvd

37 Nippersink Blvd, Fox Lake, IL 60020

Listing Price: $1,850,000

Cap Rate
6.02%
Number of Units
12
GRM
9.59
Price/Unit
$154,167
Price/Gross SF
$162.28
Gross SF
11,400

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale a 12-unit multifamily property located at 37 Nippersink Road in Fox Lake, Illinois. This investment offers an investor the opportunity to acquire a well-maintained, clean asset with significant upside in rents in a great rental location.

Investment Highlights

  • Walking Distance to Downtown Fox Lake, Offering Local Dining and Shopping, and the Fox Lake Metra Station
  • Close to the Newly Renovated Lakefront Park, which features a Playground, Outdoor Pickleball Courts, and a Splash Pad
  • 55 Miles Northwest from the Downtown Chicago Loop
  • All Two-Bedroom Units
  • Ample Off-Street Parking - Two Parking Spaces per Unit

Exclusively Listed By

Multifamily

37 Nippersink Blvd

Listing Price: $1,850,000

Cap Rate
6.02%
Number of Units
12
GRM
9.59
Price/Unit
$154,167
Price/Gross SF
$162.28
Gross SF
11,400

Investment Highlights

  • Walking Distance to Downtown Fox Lake, Offering Local Dining and Shopping, and the Fox Lake Metra Station
  • Close to the Newly Renovated Lakefront Park, which features a Playground, Outdoor Pickleball Courts, and a Splash Pad
  • 55 Miles Northwest from the Downtown Chicago Loop
  • All Two-Bedroom Units
  • Ample Off-Street Parking - Two Parking Spaces per Unit

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale a 12-unit multifamily property located at 37 Nippersink Road in Fox Lake, Illinois. This investment offers an investor the opportunity to acquire a well-maintained, clean asset with significant upside in rents in a great rental location.

Exclusively Listed By

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