**Exceptional Opportunity: Private Fox Lakefront Riverside Island Handyman/Investor Dream Home** OWNER FINANCING NOW AVAILABLE. Contact the listing agent for more information. Uncover a rare gem on the serene shores of Chain of Lakes! This unique property is a blank canvas, perfect for investors or visionaries ready to add their personal touch. Located on a prime spot of Nippersink Lake, this home has been partially rehabbed, with work completed up to drywall, giving you a blank canvas to create your perfect home. Transform this house into your stunning lakeside retreat. Easy location for boating, fishing, and water sports. If you're looking for a year-round home or a seasonal getaway, this property offers the perfect combination of potential and excellent location **Impressive Features:** - Sub Flooring has since been put in since pictures were taken. Brand new roof, flashing, gutters, and hardy board siding for durability and style - Updated 2x4 framing and plywood where needed, ensuring a solid foundation - Fresh fascia - Beautifully redesigned front door and a new deck off the second bedroom for outdoor enjoyment - New, energy-efficient windows on the street side, enhancing both appearance and comfort - All-new plumbing drains and copper supply lines. - Additional bathroom space created to enhance functionality - Newly installed well pump and tanks for reliable water access - Upgraded 200 amp electric service and comprehensive wiring throughout the home - Advanced outdoor wiring for smart cameras and wireless access points, bringing modern convenience to your fingertips - State-of-the-art smart front door lock and plans for future infrared panel installations - Speaker wiring for an immersive sound experience in the living room, kitchen, and all three bedrooms - Smart home features throughout, elevating your lifestyle - Brand new furnace and air conditioning unit for year-round comfort - New hot water tank for all your needs - Fresh sod surrounding the boathouse, enhancing the outdoor space - New drywall and insulation for a comfortable atmosphere - Touchscreen interface for seamless smart home automation **Prime Location:** Nestled on a private island, this property is close by the newly revitalized Fox Lake Lakefront Park, which boasts a public beach, free Friday night concerts, delicious food trucks, a delightful playground for kids, outdoor pickleball courts, and a vibrant splash pad. The unbeatable location offers effortless access to the Metra train, making your commute to the city or airport a breeze. Enjoy the convenience of being close to shopping, dining, and entertainment. Easy public parking nearby for family and friend gatherings. Don't miss your chance to transform this property into the lake house of your dreams. Schedule a viewing today and start envisioning your future by the water! House is located in a flood plain but sits up high and dry for outdoor relaxation and views.
OPPORTUNITY OF A LIFETIME! Build your dream house right on Nippersink Lake or remodel existing home. Prime Location! Imagine the opportunities! Existing house is FULLY GUTTED. New roof installed. House sits high and dry, no flooding, full basement. Plans available to convert into a 4 bedroom/ 2.5 bathroom house with over 1600 sq ft of living space above ground. Current house has 3 bedrooms, offers spectacular views of the lake. CASH ONLY
MRED as Distributed by MLS Grid #10989369
Feb 25, 2021
Listing Removed
—
MRED as Distributed by MLS Grid #11003416
Feb 25, 2021
Listing Removed
—
Public Records
Oct 13, 2020
Sold
$160,000
$97/sq ft
MRED as Distributed by MLS Grid #10812955
Sep 4, 2020
Sold (MLS) (Closed Sale)
$160,000
$97/sq ft
Aug 14, 2020
Pending (Contingent)
—
Aug 10, 2020
Listed (New)
$199,900
$122/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,575 (+34.4%)
$21,864 + $77,560
$99,424
2024
$5,638 (−1.1%)
$21,864 + $77,560
$99,424
2023
$5,698 (+2.9%)
$20,248 + $48,678
$68,926
2022
$5,540 (+3.0%)
$19,075 + $45,858
$64,933
2021
$5,376 (−29.6%)
$16,849 + $44,041
$60,890
2020
$7,635 (+5.1%)
$15,882 + $41,513
$57,395
2019
$7,264 (+5.2%)
$15,012 + $72,410
$87,422
2018
$6,903 (−4.4%)
$22,202 + $66,782
$88,984
2017
$7,223 (−8.4%)
$22,202 + $66,782
$88,984
2016
$7,886 (+6.0%)
$27,360 + $61,727
$89,087
2015
$7,437 (+24.4%)
$25,023 + $56,454
$81,477
2013
$5,976 (+9.5%)
$22,299 + $44,137
$66,436
2012
$5,459 (+4.4%)
$22,353 + $43,814
$66,167
2011
$5,227 (+9.6%)
$23,765 + $46,581
$70,346
2010
$4,769 (+7.8%)
$24,203 + $47,440
$71,643
2008
$4,426 (+5.1%)
$24,887 + $48,781
$73,668
2007
$4,211
$24,150 + $47,335
$71,485
Tax history for 172 Riverside Island Dr
Year
Property tax
Land + Additions
Assessment*
2025
$7,575 (+34.4%)
$21,864 + $77,560
$99,424
2024
$5,638 (−1.1%)
$21,864 + $77,560
$99,424
2023
$5,698 (+2.9%)
$20,248 + $48,678
$68,926
2022
$5,540 (+3.0%)
$19,075 + $45,858
$64,933
2021
$5,376 (−29.6%)
$16,849 + $44,041
$60,890
2020
$7,635 (+5.1%)
$15,882 + $41,513
$57,395
2019
$7,264 (+5.2%)
$15,012 + $72,410
$87,422
2018
$6,903 (−4.4%)
$22,202 + $66,782
$88,984
2017
$7,223 (−8.4%)
$22,202 + $66,782
$88,984
2016
$7,886 (+6.0%)
$27,360 + $61,727
$89,087
2015
$7,437 (+24.4%)
$25,023 + $56,454
$81,477
2013
$5,976 (+9.5%)
$22,299 + $44,137
$66,436
2012
$5,459 (+4.4%)
$22,353 + $43,814
$66,167
2011
$5,227 (+9.6%)
$23,765 + $46,581
$70,346
2010
$4,769 (+7.8%)
$24,203 + $47,440
$71,643
2008
$4,426 (+5.1%)
$24,887 + $48,781
$73,668
2007
$4,211
$24,150 + $47,335
$71,485
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
8,450
Year renovated
1962
Sq. Ft.
1,644
Year built
1962
Style
Single Family Residential
County
Lake County
APN
05-04-401-014
Parking Spaces
2
Basement
Yes
Accessible
No
HOA Dues
—
Garage
Yes
Features
Waterfront
Last updated by owner on Aug 1, 2026.
R-2
One-Family Residence District
The R-2 one-family residence district is established to provide a higher density area than the R-1 district in which the principal use of the land is for single-family residences, together with the appropriate educational, religious and recreational facilities as the basic elements of a balanced neighborhood.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Public service
Educational/school
Park & open space
Property details
Parking
Parking Information
# of Garage Spaces: 1
# of Parking (Total): 2
Parking Features: On Site, Garage Owned, Attached, Garage
Interior
Bathroom Information
# of Baths (Full): 2
# of Baths (1/2): 1
Bedroom Information
# of Bedrooms: 3
# of Bedrooms Possible: 3
Room Information
Room Type: Balcony/Porch/Lanai
Level: Second
Dimensions: 16 x 20
Room Information
Room Type: Bedroom 2
Level: Second
Dimensions: 16 x 10
Room Information
Room Type: Bedroom 3
Level: Second
Dimensions: 15 x 8
Room Information
Room Type: Bedroom 4
Room Information
Room Type: Dining Room
Room Information
Room Type: Family Room
Room Information
Room Type: Kitchen
Level: Main
Dimensions: 15 x 10
Room Information
Room Type: Laundry
Level: Basement
Dimensions: 33 x 27
Room Information
Room Type: Living Room
Level: Main
Dimensions: 20 x 13
Room Information
Room Type: Master Bedroom
Level: Second
Dimensions: 20 x 14
Bath: Full
Additional Rooms Information
Basement: Unfinished, Full
Basement Sq. Ft.: 700
Interior Features
# of Rooms: 5
Fireplace Information
# of Fireplaces: 1
Fireplace Location: Family Room,Master Bedroom,Basement
Exterior
Building Information
Living Area Source: Assessor
Age: 61-70 Years
Built Before 1978 (Y/N): Yes
Construction Materials: Other
Aprox. Total Finished Sq Ft: 1,644
Property Information
Property Type: Detached Single
Property Type: 2 Stories
Main Sq Ft: 658
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): Yes
Rehab Year: 2024
Total Finished/Unfinshed Sq Ft: 2,344
Total Sq Ft: 1,644
Unfinished Basement Sq Ft: 700
Upper Sq Ft: 986
General Information: School Bus Service,Commuter Train
Parcel Number: 05044010140000
Lot Information
Dimensions: 0.194
Lot Size: Less Than .25 Acre
WaterfrontYN: Yes
Financial
Tax Information
Tax Annual Amount: $5,540
Tax Year: 2022
Financial Information
Finance Code: Other
Special Service Area: N
Utilities
Utility Information
Water Source: Well
Sewer: Septic Tank
Heating & Cooling
Heating: Natural Gas
Cooling: Central Air
Location
Community Information
Community Features: Park, Lake, Water Rights, Street Paved
Homeowners Association Information
Master Association Fee Frequency: Not Required
School Information
Elementary School District: 114
Elementary School: Lotus
Middle Or Junior School District: 114
Middle Or Junior School: Stanton
High School District: 124
High School: Grant Community High School
Location Information
Township: Grant
Corporate Limits: Fox Lake
Directions: Route 12 to Riverside Island Drive. House is on the right side.
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 1,644
Stories: 2.0
Parking Spaces: 2
Basement: Yes
Accessible: No
Lot Size: 8,450 square feet
Style: Single Family Residential
Year Built: 1962
Year Renovated: 1962
County: Lake County
APN: 05-04-401-014
HOA Dues: —
Garage: Yes
Features: Waterfront
Home facts updated by owner on Aug 1, 2026
Other
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No
Around this home
Schools
Lotus School
Public PreK-4 • Assigned • 1.6mi
4/10
Stanton School
Public 5-8 • Assigned • 1.7mi
4/10
Grant Community High School
Public 9-12 • Assigned • 1.8mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 101° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Fox Lake, IL • 60020
Average low and high temperatures (°F)
28
13
37
20
53
32
61
41
68
48
80
62
84
66
80
62
78
56
67
47
49
35
35
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.1 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.
10.1 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$425,000 – $515,000
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