39151 North Jackson Drive, Spring Grove, IL 60081
sale $629,000 | Other
Courtesy Of Chicago-O'Hare Group, LLC
WATERFRONT Income Property, fully rented all year round, with remodeled bar on Grass Lake is being sold after more than 26 years of ownership. Main building has been updated and is up to current code. New roof 2018. NEW FLOOR with CONCRETE and STEEL BEAMS, NEW WALLS inside per commercial and residential code. Electric, alarm, parking lot, sea wall remodeled. Owner has put $250K in improvements. Rental income, approx. $60k/annually, includes 4 studios apartments, 3 cabins, and bar. 168' frontage of chain access, permit approved site for 18 boat slips and additional income. Perfect retreat for boaters and winter sports. Opportunity to continue with bar/tavern business & rental income or possible convert to "BED and BREAKFAST!" Large deck overlooking backyard & lake, interior bar area completely renovated with gaming, pool table space & restrooms! Contact List Agent with questions and to schedule tour.
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- Age: 41-50 Years Old
- Architecture Style: Other
- Building Units: 8
- Cooling System: Window Unit(s) A/C
- Cooling System: Central A/C
- Floors: 2.0
- Heating System: Forced Air
- MLSID: 10542024
- Parking Spaces: 20
- Roof Type: Composition Shingle
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