Listing provided courtesy of JIM SULLIVAN REALTYNorthWest Illinois Alliance MLSMLS# 202405518MLS Provider
  • 638 days on site
  • 388 views

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!

Source: NorthWest Illinois Alliance MLS, MLS#: 202405518

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  • Property Type
    Commercial Sale
  • Lot
    11.00 acres
  • Price per Square Foot
    $156

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Life at 1000 Calhoun Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/29/2026Source: NorthWest Illinois Alliance MLS Status Change
PENDING
5/11/2026Source: NorthWest Illinois Alliance MLS Price Reduction
$750,000 -11.8%
1/8/2026Source: NorthWest Illinois Alliance MLS Price Reduction
$850,000 -5.5%
10/15/2025Source: NorthWest Illinois Alliance MLS Status Change
ACTIVE and AVAILABLE
7/31/2025Source: NorthWest Illinois Alliance MLS Status Change
PENDING
11/4/2024Source: NorthWest Illinois Alliance MLS Price Reduction
$899,000 -5.4%
9/30/2024Source: NorthWest Illinois Alliance MLS Added to Database
September 30, 2024