IL
Carroll
SAVANNA
61074
1000 Calhoun Street
1000 Calhoun Street, SAVANNA, IL 61074
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
39
$899,000

Home Details for 1000 Calhoun Street

Price
$899,000
Type
Commercial Lease
Bedrooms
0
Bathrooms
Square feet
4800
Year built
2003
Lot size acres
11
County
Carroll
Garage
Days on site
314
MLS Listing#
202405518
Property Description

What an opportunity to capitalize on the popular vacation rental business with this 11 +/- acres overlooking the Mississippi River and the Savanna-Sabula bridge with 10 vacation rental cabins and a strong rental history! A paved road ascends up the bluff with each cabin perfectly placed to maximize the Mississippi River views. Each cabin has a similar design and all are being sold fully furnished to include two queen beds, living room sets, kitchenettes and heating and air conditioning units. An additional building near the entrance of the property serves as a laundry and storage facility. The property has a strong rental history and, with every cabin booked nearly every weekend and frequent bookings during the week as well. The entire booking process has been automated and currently has an excellent cleaning staff to make sure the cabins are ready for the next check in. This is an excellent real estate investment for those looking for a near double digit rate of return and a property with major appreciation upside as there are only so many privately owned Mississippi River view like this one. With so many local attractions including nearby Galena, Chestnut Mountain Ski Resort, endless hunting and fishing opportunities, golf courses, state parks, etc-Northwest Illinois will continue to thrive as a popular destination for visitors and is less than 3 hours from downtown Chicago, around 2 hours to Madison WI, and only an hour to the Quad Cities. Call today to see the impressive income history and set up a showing on this impressive, high income vacation rental property!

Property Features
  • Heating Information
    • Forced Air
Presented by: BRANDON C BEYER
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the NorthWest Illinois Alliance of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2025 NorthWest Illinois Alliance of REALTORS®. All Rights Reserved.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from NorthWest Illinois Alliance of REALTORS.
EXIT REALTY REDEFINED - MAURER GROUP
4174 N. Perryville Rd, Loves Park, IL 61111
Maggie Littlefield
License #: 79893-94
Associate Broker
Office
815 977 7411
Agent
320 444 1745
Request more details
Code: