Sankoty Lakes 1583 Spring Bay Rd 22 Room Hotel Spring Bay, IL 61611 $5,500,000 ($250,000/Room)
INVESTMENT HIGHLIGHTS
- Expansive 230-Acre Property – Features three man-made lakes, a mile-long trout stream, multiple ponds, and riverfront access
- Prime Fishing Destination – Stocked with four species of trout, walleye, and crappie, making it a perfect fishing paradise
- Luxury Lodging & Amenities – Includes fully furnished canvas lodging, ADA cabins, a 3,548 sqft restaurant, and RV pull-through sites
- Stunning Outdoor Experience – The Wolly Bugger Restaurant features lake views and a 9,000 sqft patio with firepits and rocking chairs
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 Under Contract
| Price | $5,500,000 |
| Price Per Room | $250,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 225.00 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 | - |
1 of 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $754,374 | |
| Land Assessment | $67,104 | Total Assessment | $821,478 |
