See Home Value
$800,000
● House - Off Market

94 Lippincott Road

Fox Lake, IL 60020
bedrooms
8 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
5,450 Ft²
$1,091,689
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

On the beautiful shores of Mineola Bay rests one of the most iconic and recognizable homes on the Chain O'Lakes. Dating back to 1893, the allure of this stunning Victorian home and former bed & breakfast, "The Roxana," has captured the hearts of lovers who were married, and satisfied the pallets of the many guests that have stayed here. Here is your chance to revive the glory of this monumental home nestled on 2.37 acres of prime Chain O'Lakes waterfront. Zoned  B-4 resort business, imagine greeting new guests with your restored B & B, or rent out the 3 separate efficiency apartments for added income. The potential does not end there as the property is approved for development. Unending sunsets bathe the wrap around porch in warm sunlight overlooking Fox Lake and the boat on your pier beckons to carry you away to all the activity that the lakes have to offer. Will you be the new innkeepers of a profitable business or the caretakers of this historic estate? This rare opportunity awaits you, but will not last long.
Unit Size
5,450 Ft²
Days on Market
-
Land Size
2.37 acres
Price per sqft
$178
Property Type
House
Property Taxes
$1,873
HOA Dues
-
Year Built
1950

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Last updated: 3 years ago (MRED MLS #11208442)

Price History

Date / Event Date Event Price
May 12, 2023 Sold
Sold
Apr 21, 2023 Listed by Keller Williams Success Realty $899,999
Listed by Keller Williams Success Realty
"The Roxana," an iconic Queen Anne Victorian home on 2.37 acres on Mineola Bay with breathtaking water views. Built in 1893, it is a true masterpiece of architectural design and craftsmanship This house is a perfect fit for those looking to start their own Airbnb business, host weddings or events in their small boutique hotel. The interior of the home is just as impressive as the exterior, with stunning hardwood floors throughout, 10' ceilings, and cove moldings that showcase the home's unique character. The three fireplaces create a warm and inviting ambiance, perfect for cozy winter nights. One of the most remarkable features of "The Roxana" is the incredible woodwork, including staircases, banisters, columns, doors, and trim. The inlaid wood floors and detailed woodwork showcase the home's rich history and add to its charm and elegance. The gracious wraparound covered veranda, overlooking the Bay, is perfect for your guests to enjoy their morning coffee or watching the sunset over the water. "The Roxana" also features a three-car heated garage, ensuring that your vehicles are protected from the elements. The home is zoned B-4 Resort Business, allowing for commercial use, and it features three separate efficiency apartments, perfect for additional income or for hosting guests. Additionally, the property is approved for future development, making it an excellent investment opportunity for those looking to expand their business. Don't miss out on this incredible opportunity to make your dreams come true!
Oct 8, 2021 Sold
Sold
Sep 2, 2021 Listed by Keller Williams Success Realty $970,000
Listed by Keller Williams Success Realty
Sep 20, 2019 No longer available -
No longer available
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,676
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 94
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 103,237
  • Total Building Area: 5,838
  • Gross Building Area: 5,838
  • Building Area: 4,162
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 4,162
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002370
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: PT NE BEG 17.5 W OF A PNT 380.82 S OF N LN & 734.58W OF E LN,N231,W447.8MOLTO MARGIN OF FOX LAKE,S ALG SD MARGIN 23 1MOL TO A PNT W OF POB,E447.8MOL TO POB SECTION 10 TOWNSHI

Neighborhood

  • School District Name: Fox Lake Grade School District 114
  • Census Tract: 860903

Geography

  • Assessors Map Reference: 2473-C3
  • District: GRANT
  • Section: 10
  • Parcel: 05-10-200-004
  • Meridian: SEC 10 TWN 45N RNG 09E
  • Municipality: TWP OF GRANT
  • Latitude: 42.4004
  • Longitude: -88.1636

    Address

  • Full Address: 94 Lippincott Rd
  • Address - House Number: 94
  • Address - Street Name: Lippincott
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Fox Lake
  • Carrier Code: C006
  • 4-Digit Zip Code: 1618
  • Zip Code: 60020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,428,404
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 6063

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 953,740
  • High Value: 1,039,667
  • Low Value: 867,812

    Market Valuation

  • Market Total Value: $973,070
  • Market Land Value: $325,065
  • Market Improvement Value: $648,005

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $324,324
  • Assessed Land Value: $108,344
  • Assessed Improvements Value: $215,980

    Sales

  • Current Sale Contract Date: May 09, 2023
  • Current Sale Recording Date: May 24, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7974750
  • Previous Sale Recording Date: Sep 23, 2019
  • Previous Sale Contract Date: Sep 16, 2019
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Brophy Farm


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Frequently Asked Questions

When was property at 94 Lippincott Road built and last sold?
The property at 94 Lippincott Road was built in 1950 and last sold on May 9, 2023 for $883,000.
How much is this home worth?
The estimated value of the home located at 94 Lippincott Road is $0.
What are some comparable homes to 94 Lippincott Road?
There are currently no comparable homes to 94 Lippincott Road.