1000 Calhoun St Savanna, IL 61074

This property presents an opportunity to capitalize on the vacation rental business with approximately 11 acres overlooking the Mississippi River and the Savanna-Sabula bridge. It features 10 vacation rental cabins with a strong rental history. A paved road ascends the bluff, with each cabin positioned to maximize views of the Mississippi River. The cabins share a similar design and are being sold fully furnished, including two queen beds, living room sets, kitchenettes, and heating and air conditioning units. An additional building near the property entrance serves as a laundry and storage facility. The property has a strong rental history, with cabins booked nearly every weekend and frequently during the week. The booking process has been automated, and a cleaning staff is in place to prepare the cabins for each check-in. This real estate investment offers potential for a near double-digit rate of return and appreciation upside, given the limited availability of privately owned Mississippi River views. Local attractions include nearby Galena, Chestnut Mountain Ski Resort, hunting and fishing opportunities, golf courses, and state parks. Northwest Illinois is a destination for visitors, located less than 3 hours from downtown Chicago, around 2 hours from Madison, WI, and approximately one hour from the Quad Cities.