$235,000
SOLD APR 4, 2025

43 Nippersink Blvd Fox Lake, IL 60020

4 Beds
3 Baths
1,305 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$180 Per Sq Ft

6% Below List Price

19 Days on Market

Highlights

  • Community Lake
  • 4-minute walk to Fox Lake Station
  • Baseboard Heating
  • Property is near a park
  • Bungalow
  • 3-minute walk to Lakefront Park

About This Home

As of April 2025

Welcome, investors! A charming two-apartment property nestled in the heart of the Village of Fox Lake. Located steps from Nippersink Lake and Park. This easy-to-operate investment boasts a spacious first-level apartment and a second-level studio apartment. Each unit offers its unique blend of comfort and convenience. Each unit features separate utilities and on-site parking. The full basement is currently unfinished. Consider a vision of operating your own business in Fox Lake. The residents can enjoy the rear yard for outside gatherings. The side drive offers convenient parking, adding to the property's appeal. It's only a few steps from the newly constructed and picturesque Lakefront Park and Nippersink Lake. Residents can enjoy the aliveness of activities and events. The vibrant entertainment area of downtown Fox Lake is also within easy reach. The easy access Fox Lake train station and Rte 12 Rand Rd nearby. This property is an excellent opportunity for investors or live-in owners. The affordable expenses and rental demand make this easy to own. Don't miss the chance to own a piece of Fox Lake's charm at 43 Nippersink Rd - where investment potential and lakeside living harmoniously meet. Long-time month-to-month tenants on the 1st floor paying lower than market rent.

Last Agent to Sell the Property

Ted Breden

Keller Williams Success Realty License #475091228 Listed on: 01/01/2025

Keller Williams Success Realty

Last Buyer's Agent

Paulo Diaz

Real People Realty License #475162789

Real People Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,103

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 52x118x50x105
  • Paved or Partially Paved Lot

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • Window Screens
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Off-Street Parking
  • Parking Included in Price

Location

  • Property is near a park

Schools

  • Lotus Elementary School
  • Stanton Middle School
  • Grant Community High School

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating

Community Details

  • 2 Units
  • Marvin's Subdivision, 2 Flat Floorplan
  • Community Lake

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,103

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Subdivision Name: Marvin's
  • Year Built: 1940
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Window Features: Screens
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 250000
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, On Site, Owned
  • ParkingTotal: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Baseboard, Radiant
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Lake, Sidewalks, Street Lights, Street Paved
  • Conversion YN: Y

Schools

  • Elementary School: Lotus School
  • High School: Grant Community High School
  • Middle/Junior School: Stanton School
  • Middle/Junior School District: 114

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1
  • Lot Dimensions: 52X118X50X105
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4103.46
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2025
Closed on
Feb 19, 2025
Sold by
Villeda Felipe I
Bought by
Chavez Silvia Rodriguez and Martinez Cuevas Mario
Seller's Agent
Ted Breden
Keller Williams Success Realty
Buyer's Agent
Paulo Diaz
Real People Realty
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%
Views
63
Current Estimated Value
$239,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,575
Avg. Annual Appreciation
-0.77%
Original Mortgage
$188,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2017
Sold by
Molloy Lucille K and The Lucille K Molloy Living Tr
Bought by
Villeda Felipei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $235,000 Chicago Title
Trustee Deed $80,000 Precision Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $188,000 New Conventional
Previous Owner $112,000 New Conventional
Previous Owner $60,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $235,000 -6.0% $180 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
01/01/2025 01/01/25 Price Changed $250,000 0.0% $192 / Sq Ft
01/01/2025 01/01/25 For Sale $250,000 -- $192 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,103 $53,502 $5,385 $48,117
2023 $4,103 $46,761 $5,074 $41,687
2022 $4,170 $45,839 $3,756 $42,083
2021 $3,708 $39,585 $3,541 $36,044
2020 $3,687 $38,712 $3,489 $35,223
2019 $3,522 $37,123 $3,346 $33,777
2018 $3,109 $32,444 $4,198 $28,246
2017 $3,040 $29,988 $3,880 $26,108
2016 $3,069 $27,427 $3,549 $23,878
2015 $2,927 $25,595 $3,312 $22,283
2014 $2,848 $20,740 $6,038 $14,702
2012 $3,139 $26,700 $6,292 $20,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12208492

Midwest Real Estate Data (MRED)

APN: 05-09-202-012