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    1116 Chicago Point Dr Pelican Lake, WI 54463

    Sponsored
    For Sale
    $749,000

    COMMERCIAL - Pelican Lake, WI

    Lot size:
    8.91 Acres
    Days on Market:
    19
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 1116 Chicago Point Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    SC-813, SC-814, 144-4, 144-8
    Lot size
    8.91 Acres

    Utilities

    Sewer type
    Shared Septic
    Heating system
    Natural Gas
    Water source
    Well
    Water front features
    Lake Front
    Water front
    1

    Building Details

    Number of units
    9
    Flooring type
    Mixed, Vinyl, Carpet, Wood
    Building materials
    Frame, Log, VinylSiding, WoodSiding
    Roof type
    Metal, Composition, Shingle
    Additional Structures
    Outbuilding

    Eliason Realty of the North, LLC (715) 479-4431 [email protected]

    Listing agent JACK WEPPNER (312) 833-0404 License #112850 - 94

    Listing date Dec 18, 2025

    Copyright © 2026 Northwoods Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pelican Lake Resort Opportunity

    This established family resort on Pelican Lake presents an incredible opportunity. Situated on nearly 9 acres, the property features 204 feet of level, sandy frontage. There are 9 total cabins, including 2 year-round and 7 seasonal units. Each cabin is equipped with a kitchen and bathroom, and 6 cabins share a well-maintained shower house. The property also includes a charming owner's home suitable for comfortable year-round living. The resort is fully furnished and turnkey. The property is suitable for a resort business, family compound, or private retreat. The grounds are spacious and offer stunning lake views, along with two piers for waterfront activities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Resorts

    Suggested Use

    Realty agency Spa & Massage Hair Salon Nail Salon Hotel & Motel Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pelican Lake
    County
    Oneida
    State
    Wisconsin
    Longitude
    -89.20121954
    Latitude
    45.51629713

    Nearby Similar for Sale

    • $225,000
      2.55 Acres

      Established Tavern Business For Sale

      Turnkey tavern with potential for expanded food service and living quarters.
      468 Max Rd, Pelican Lake, WI 54463
      View Details

    FAQs

    What type of property is this?
    Resort - Established resort on nearly 9 acres with 204' frontage.
    Where is this resort located?
    The property is located at 1116 Chicago Point Dr Pelican Lake, WI.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - 204 ft of level, sandy frontage on beautiful Pelican Lake; - Established family resort with 9 cabins, each with a kitchen and bathroom; - Nearly 9 acres of spacious grounds, ideal for a resort business, family compound, or private retreat
    (312) 833-0404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1116 Chicago Point Dr Pelican Lake, WI 54463
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