39151 N Jackson Dr
Spring Grove, IL 60081
Lakefront Motel and Restaurant · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Waterfront
ABOUT 39151 N JACKSON DR , SPRING GROVE, IL 60081
Waterfront Motel FULLY RENTED all year round, with REMODELED BUSY RESTAURANT on Grass Lake has to be sold after 26 years of ownership. Everything has been updated an 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. 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! Gorgeous panoramic views of Grass Lake! 18 boat slips. Exterior offers huge deck overlooking backyard & lake, interior offers rich flooring, huge bar, pool table space & huge public restrooms! State Park & Grass Lake East to Lake Shore Drive to Jackson Drive to the resort.
PROPERTY TAXES
| Parcel Number | 01-27-307-001 | Improvements Assessment | $156,881 |
| Land Assessment | $68,569 | Total Assessment | $225,450 |
