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Sankoty Lakes 1583 Spring Bay Rd

22 Room Hotel Spring Bay, IL 61611 $5,500,000 ($250,000/Room)

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price $5,500,000
Price Per Room $250,000
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 96.70 AC
Building Size 5,000 SF
No. Rooms 22
No. Stories 1
Year Built 2020
Corridor Exterior

AMENITIES

  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 22 $194.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 07-11-200-014
  • 07-11-200-022
  • 07-11-200-023
  • 07-11-200-011
  • 07-11-200-021
Land Assessment
$67,104
Improvements Assessment
$754,374
Total Assessment
$821,478
  • Listing ID: 29921671

  • Date on Market: 10/30/2023

  • Last Updated:

  • Address: 1583 Spring Bay Rd, Spring Bay, IL 61611

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