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    Elizabeth, IL
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    Elizabeth, IL Hospitality Properties for Sale

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    Apple River, IL Hanover, IL Galena, IL Scales Mound, IL Savanna, IL Pearl City, IL Warren, IL Bellevue, IA
    Renovated Farm Estate With Guest Cabins
    Updated: Jul 10
    Renovated Farm Estate With Guest Cabins

    115 Windmill Road, Elizabeth, IL

    $1,199,000
    34 acre +/- farm estate with farmhouse, renovated barn, five guest cabins, and agricultural outbuildings
    Six‑bedroom farmhouse with three full bathrooms, main‑floor primary suite, laundry, and full commercial kitchen
    Renovated century‑old barn with multiple bathrooms, shower stalls, exposed beams, wood floors, and vaulted wood‑clad ceilings
    Five cabins with heating and cooling; each can accommodate 8‑12 camp kids
    Nearly two‑acre stocked pond with Largemouth Bass, Catfish, and Bluegill, plus beach and dock areas
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Elizabeth, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turn-Key Inn with Annex
    Turn-Key Inn with Annex

    412 Spring Street, Galena, IL 61036

    $850,000
    10,342 sqft

    Licensed inn property with multiple guest suites and additional annex space on Highway 20.

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    Full-Service RV Campground
    Full-Service RV Campground

    600 E 17TH ST, Rock Falls, IL 61071

    Contact for pricing
    1,157,389 sqft

    Year-round campground with city utilities, modern guest facilities, recreational attractions, and room for additional site development.

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    80-Unit Interior-Corridor Hotel
    80-Unit Interior-Corridor Hotel

    2106 1st Avenue, Rock Falls, IL 61071

    Contact for pricing

    Three-story lodging property with extensive renovations completed from 2024 to the present.

    View details
    Historic Six-Suite Bed & Breakfast
    Historic Six-Suite Bed & Breakfast

    412 Spring Street, Galena, IL 61036

    $850,000
    10,342 sqft 0.45 AC lot

    Two-building hospitality property with guest accommodations, an annex, commercial kitchen, sauna, and downtown access.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    6.93 Acres in Galena, IL
    6.93 Acres in Galena, IL

    US HWY 20 W lot: 1, Galena, IL 61036

    $1,132,000
    6.93 AC lot

    6.93 acres near Gateway Park with city utilities.

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    Lake Carroll Golf Course Lot
    Lake Carroll Golf Course Lot

    23-5 Lake Carroll Boulevard, Lake Carroll, IL 61046

    Contact for pricing
    1.49 AC lot

    1.49-acre golf course lot near Lake Carroll amenities.

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    Land Near Lake Carroll
    Land Near Lake Carroll

    12-124R Briarwood Drive, Lake Carroll, IL 61046

    Contact for pricing
    0.77 AC lot

    0.77 acre parcel near lake, amenities, and marina.

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    Recreation Land with Log Cabins
    Recreation Land with Log Cabins

    11838 Lorelei Lane, Dubuque, IA 52003

    $3,751,000
    127.65 AC lot

    Rolling recreational acreage combines rental cabins, ponds, wooded areas, and an existing residence in a private rural setting.

    View details

    Elizabeth, IL Hospitality Properties Market Trends and Statistics

    Explore 1 hospitality properties for sale in Elizabeth, IL on our real estate platform.

    Sale prices for hospitality properties in Elizabeth, IL average $1,199,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Campgrounds 1

    Demographics Overview

    Population 1,671
    Population Growth (5Y) -18.5%
    Median Household Income $86,328
    College Educated 41.3%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jo Daviess County

    New Delisted

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