Hospitality

Elizabethtown, IL Hospitality Properties for Sale

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Turnkey Short-Term Rental Event Property
Updated: Jul 8
Turnkey Short-Term Rental Event Property

798 Karbers Ridge Rd, Elizabethtown, IL 62931

$1,800,000
5,600 sqft 88.00 AC lot
88‑acre short‑term rental and event property adjoining Shawnee National Forest on three sides
Lodge‑style home with exposed beams and tall vaulted ceilings
80x70 pole barn partially finished for commercial use with commercial kitchen, 2 bathrooms, and large lounge/recreation area
Seven rental units in operation with nightly rates ranging from $126 to $260 (avg. approx. $183)
Direct access to miles of trails for outdoor recreation, with nearby attractions including Rim Rock Trail, Garden of the Gods, Pounds Hollow Lake, and Cave‑In‑Rock State Park
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1 active listing matches your search: Hospitality for sale in Elizabethtown, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Waterfront Resort with Marina
Waterfront Resort with Marina

1024 Paradise Dr, Murray, KY 42071

$1,700,000
1,000 sqft 7.33 AC lot

A 30-slip marina and two villas under roof are among the property's existing improvements.

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Kentucky Lake Waterfront Marina
Kentucky Lake Waterfront Marina

1024 Paradise Drive, Murray, KY 42071

$1,700,000
900 sqft 7.33 AC lot

The marina includes covered and open slips, a fish-cleaning station, and recreational amenities along the shoreline.

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Waterfront RV Campground with Dock
Waterfront RV Campground with Dock

80 Oak Tree Lane, Benton, KY 42025

$685,000
0.63 AC lot

Established campground with full-service RV hookups, camper access to the water, and room for additional site development.

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Quality Inn Near Kentucky Lake
Quality Inn Near Kentucky Lake

173 Carroll Rd, Benton, KY 42025

$3,600,000

Well-maintained, recently renovated 55-room hotel near Kentucky Lake.

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Elizabethtown, IL Hospitality Properties Market Trends and Statistics

Explore 1 hospitality properties for sale in Elizabethtown, IL on our real estate platform. These investment opportunities span a total of 5,600 square feet of properties for sale, with an estimated market value of $1,800,000.

Sale prices for hospitality properties in Elizabethtown, IL average $1,800,000 — 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 1,359
Population Growth (5Y) -6.0%
Median Household Income $55,625
College Educated 11.4%

High-Yield Neighborhoods for Investment

Identify Elizabethtown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62931 $1.8M

Taxes & Financing

Tax Rate (average for all types) 5.11%
Tax Rate vs County Average 0.40 pp below county avg
Average Loan-to-Value 65.0%

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