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6204 State Rte 154 - Red Hawk Golf Course & Grille

153 Acres of Agricultural Land Offered at $900,000 in Tamaroa, IL 62888

Investment Highlights

  • Rolling hills and beautiful lakes
  • Proactive community
  • Good location
  • Communiy needs housing and this facility would be perfect for development! .Keep 9 holes and develop the excess acreage .

Executive Summary

General proximity to St.Louis , Chicago , Nashville for future development . I will personally help or train someone with the day to day for 1-4 years for a reduced salary .The Game of Golf is making a strong comeback , Building Wealth outside the Stock Market ! This ideal Location has much potential ! Owner is willing to take $300,000 down and $100,000 he will remain a share holder ? And buyer could assume the rest on a low interest loan !! Perfect property to build a community and maintain 9 holes . Adult- style living development in a proactive community that has a huge demand for housing . Golf Course has tremendous character! Every hole has it's own personality. A member or frequent player never gets bored or tired of the layout. Very unique golf course with the front nine being old school , narrow fairways and small greens .And the back nine being more like a links style with large green and a grip and rip it feel . It could also be a spectacular site for development !! Keep 9- holes and build a Senior living multi-family homes or lots . Casino opportunity with the State's new laws . Marketed to Chicago and St. Louis and other Metros close by . Just a short train ride to see grandchildren in Chicago .Perfect location for a housing development with the possibilities of lakeside and Golf view lots . Or following the business model for golf course owners or people who always wanted to own a club , this is perfect for investors ! Staff is in place and extremely affordable! Perfect for absentee or hands off owner. Either way it is a beautiful Golf Course with all the Amenities ! Driving range , Grille & Bar . Great staff all ready in place ! Pro-active community with New Hospital and High School . The New hospital is building a magnificent therapy and exercise facility . State of the Art ! Open March 28th. With a couple new laws enacted it should attract domestic and international companies .The area's Walker Bluff Winery was just awarded one the states coveted Casino licenses . They plan on making it a destination location with Hotels and Convention center along with an indoor outdoor Water park . Click on links below. All key employees are in place and buyer could operate as a golf club and Grille during planning stage !!! Read about property on other listing .

Property Facts

Price $900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 153.00 AC

1 Lot Available

Lot

Price $900,000
Price Per AC $5,882
Lot Size 153.00 AC

Beautiful Course w/lakes, rolling hills and plenty of character .Both nines have completely different layouts . Front 9 old school & Back 9 links style .Great location between 2 proactive communities . Developer could keep 9 and build on the other.

Description

We get many visitors and viewers on our list site . K Hovnanian Dosch Steven, Alphabet Inc and all of Mountain View call us !!! With the new SBA incentives for development now is the time . Ideal for development . Keep 9 holes and develop remaining 100 acre's . Beautiful Golf Course for someone who always wanted to own without all the headaches . Or it could be ideal for development , while keeping 9 pristine holes ! Perfect area for a Senior multi- family residential development within a proactive community . After development , option to sell 9 hole golf course for 400,000 to 500,000. Present Owner would be glad to help through all transitions Family owned 18 hole golf course for sale after 15 years. Kids are off to college and Mom and Dad are ready to retire from day to day operations. The 150 acre golf course property sits on a beautiful stretch of land by a lake. Includes a fully furnished Club House which includes a bar, full kitchen, pro shop and beautiful Sun Room for meetings and special events. Golf course is located in a Great area for hunting and many wonderful wine trails! $130,000 to $120,000 in memberships due by Jauary 1. Key employees in place for new owner to operate for 2020 and ? , while they maximize potential for layout design . .The future owners with their long-term investment will have a positive effect on the local community . Zoning boards will also be pro devcelopment . Getting notice and internet visits from as far as Palo Alto, Menlo Park, Santa Monica and Mountain View, Ca . Email and touch base. Fabulous area to retire, start a small business or raise a Family in our safe neighborhood

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-52-0300-100
Land Assessment
$58,732
Improvements Assessment
$76,865
Total Assessment
$135,597

zoning

Zoning Code Ag (Zoning presently is agricultural . Would not be laborious to change to residential or commercial . Lenient zoning .)
Ag (Zoning presently is agricultural . Would not be laborious to change to residential or commercial . Lenient zoning .)
  • Listing ID: 14131151

  • Date on Market: 10/19/2018

  • Last Updated:

  • Address: 6204 State Rte 154, Tamaroa, IL 62888

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