MLS® ID: 10440207
39151 North Jackson Drive
SPRING GROVE, Illinois, 60081 $675,000
WATERFRONT Motel fully rented all year round, with remodeled bar on Grass Lake is being sold after more than 26 years of ownership. Everything has been updated and is up to current code. Owner has put $250K in improvements. NEW FLOOR with CONCRETE and STEEL BEAMS, NEW WALLS inside per commercial and residential code. Electric, alarm, parking lot, sea wall remodeled. Rental income includes 4 Studios apartments and 3 Cabins, and bar. 168' frontage of chain access! Perfect retreat for boaters and winter sports! Endless opportunities await! Fantastic views! Own your own waterfront bar/tavern business with apartments or convert to "BED and BREAKFAST!" Gorgeous panoramic views of Grass Lake! Permit for 18 boat slips. Exterior offers huge deck overlooking backyard & lake, interior offers rich flooring, huge bar, pool table space & huge public restrooms!