This well-maintained and fully updated Cottage located in the heart of Chain O'Lakes community presents an ideal opportunity for both live-in owners and savvy investors. It is situated on a hilltop peninsula overlooking Fox Lake and Nippersink Lake. Flooded with natural light, the living spaces with a total of two bedrooms and one bathroom are upgraded with vinyl plank floors and freshly painted walls in neutral colors. The eat-in kitchen connects nicely with the living room leading to a brick paver patio to provide an exceptional spot for entertaining, dining or relaxing while enjoying the view of the backyard or the full moon. Bedrooms are warm and cozy, each with closet and ceiling light. The updated bathroom boasts a new vanity and fixtures. The property also includes walk-out basement where laundry and utility room are located. There is also plenty of storage space for all your wants and needs. Other improvements done in 2022 include: siding, gutters, downspouts, 3 new windows, new HVAC, and upper part of the chimney rebuilt. Roof was done in 2020. Hot water tank 2025. One parking space included and a shed. This stunning chain of interconnected lakes offers various boating, jet skiing opportunities. Whether you own a boat or want to rent one, you'll love the beautiful waters and incredible views. You can also enjoy fishing, swimming, or basking in the sun. The newly renovated Lakefront Park promises exciting summer events like weekly farmers market and live music. The property is conveniently located just one mile from Downtown Fox Lake's vibrant shops, restaurants, businesses, and Metra station offering easy access to Downtown Chicago-this location has it all! Can be sold furnished for those looking for immediate enjoyment without hassle.