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506 N Hanover St
Okawville, IL 62271

Original Springs Hotel · Hospitality Property For Sale · 20,323 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.50 AC
Building Size 20,323 SF
No. Stories 3
Year Built/Renovated 1867/2003
Parking Ratio 1.72/1,000 SF
Corridor Interior

Amenities

  • Pool
  • Restaurant
  • Spa
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Hot Tub

About 506 N Hanover St , Okawville, IL 62271

In 1867, Rudolph Plegge discovered mineral water at this location. Soon after a hotel and Spa was built to accommodate the flood of people who would visit the town to take in the waters curative properties. The original hotel burned down and the current hotel was rebuilt in its place in 1893 with additions over time. The hotel is the last operating mineral spa in the state of Illinois and is listed on the national register of historic places. The business consists of 36 hotel rooms, 5 of which are suites, a 3 bedroom apartment that is currently rented, a spa, heated indoor pool, restaurant, lounge, sports bar, beer garden, and meeting rooms. Located on a full 1.5 acre block. Located just over a mile off of I-64, 41 miles east of downtown St Louis. Pristine 18 hole golf course blocks away, Carlyle lake recreation area 18 miles away. Too much to list. Do not miss your one opportunity at this unique property!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-06-21-113-001
Land Assessment
$14,700
Improvements Assessment
$249,247
Total Assessment
$263,947

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 15814285

  • Date on Market: 4/24/2019

  • Last Updated:

  • Address: 506 N Hanover St, Okawville, IL 62271

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