1583 Spring Bay Rd - Hospitality FOR SALE


Spring Bay, IL 61611
$5,500,000 USD
309-360-6686
1583 Spring Bay Rd, Spring Bay, IL for Sale
$5,500,000 USD
Hospitality - FOR SALE
1/79
null | Request Cap Rate

1583 Spring Bay Rd
Spring Bay, IL 61611


HIGHLIGHTS

  • Expansive 230-Acre Property – Features three man-made lakes, a mile-long trout stream, multiple ponds, and riverfront access
  • Luxury Lodging & Amenities – Includes fully furnished canvas lodging, ADA cabins, a 3,548 sqft restaurant, and RV pull-through sites
  • Prime Fishing Destination – Stocked with four species of trout, walleye, and crappie, making it a perfect fishing paradise
  • Stunning Outdoor Experience – The Wolly Bugger Restaurant features lake views and a 9,000 sqft patio with firepits and rocking chairs

OVERVIEW

A true Outdoor Adventure Retreat with all of the comforts. The Sankoty Lakes Resort is 230 ACRES with THREE Man-Made Lakes, MILE-LONG Trout Stream, Multiple Ponds, Luxury Canvas Lodging (fully furnished with heat and air), ADA Cabins (fully furnished with heat and air), 3,548 sqft Restaurant (fully furnished/turn key), Laundry/Storage/Garage Facility, RV pull-through sites, Beaches, Riverfront and much more. The beautiful crystal-clear spring waters come from the Sankoty Aquifer with its 52 degree year round temps.. which is the ideal setting for why the waters are stocked with four species of trout, walleye, crappie, etc. A FRY FISHING paradise right here in Central Illinois! Come see the charming Wolly Bugger RESTAURANT with its contemporary rustic appeal Its 9,000 sqft OUTDOOR PATIO offers large firepits, honeycombed wood stacks and rows of rocking chairs for young and old to enjoy. Perfectly centered in the resort, the Wolly Bugger Restaurant is blessed with spectacular views of the lakes and Midwest Sunsets. Don't miss this TURN-KEY PROPERTY with all of the luxuries one would expect.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$1,100 USD /SF

# OF ROOMS

22

PRICE/ROOM

$250,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sankoty Lakes

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

225 AC

LAND SF

9,801,000 SF

ZONING

-

APN/PARCEL ID

07-11-200-011,07-11-200-014,07-11-200-021,07-11-200-022,07-11-200-023

ASK ABOUT THIS PROPERTY

Julie BielfeldtKeller Williams Premier Realty - Kepple GroupMore Info
309-360-6686

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Julie BielfeldtKeller Williams Premier Realty - Kepple GroupMore Info
309-360-6686

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.