Lakefront Resort
For Sale
Under Contract
$724,900
1116 CHICAGO POINT DR, Pelican Lake, WI 54463
CommercialSale, Pelican Lake, WI
Property SizeContact for details
Lot Size8.91 Acres
Days on Market296
Property Features for 1116 CHICAGO POINT DR
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Lake Front, Wooded
Directions
From Eagle River, take Hwy 45 S to Stop Sign at Superior St. Turn Left onto Superior St(Hwy 45). Take Hwy 45 S to Right on US 8. Turn Left on Hwy 45 S. Turn Right onto County Hwy Q. Take Cty Q to Left on Chicago Point Dr. Property will be on the left side
Standard status
Active Under Contract
APN
SC-813, SC-814, 144-4, 144-8
Lot size
8.91 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
GOLDEN SAND BEACH PLAT LOT 2 SEASONAL COTTAGESSM A4019
Tax Annual Amount
4990
Legal Description
GOLDEN SAND BEACH PLAT LOT 2 SEASONAL COTTAGESSM A4019
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
Carpet, Wood, Vinyl, Mixed
Building materials
Frame, Log, VinylSiding, WoodSiding
Roof type
Metal, Composition, Shingle
Additional Structures
Outbuilding
Listing Agency:
ELIASON REALTY - EAGLE RIVER
(715) 479-4431
Listed By:
JACK WEPPNER · License #112850 - 94
(312) 833-0404
Added: Oct 29, 2025
Changed: Aug 19
Last Checked: Aug 20 at 1:06AM
MLS# 214881
Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This lakefront resort property on Pelican Lake is set on 8.91 acres with 204 ft of level, sandy frontage. The established resort includes 9 total cabins, with 2 designed for year-round use and 7 seasonal cabins. Each cabin has a kitchen and bathroom, and 6 cabins share a well-maintained shower house.
The property also features an owner’s home for comfortable year-round living. Waterfront recreation is supported by two piers. The offering includes a well for water, and a shared septic system.
On-site improvements include a combination of frame, log, vinyl siding, and wood siding construction, with natural gas heating. Roofing materials include composition, shingle, and metal, and interior finishes include carpet, mixed flooring, vinyl, and wood. The cabins are described as fully furnished and ready to enjoy.
The property also features an owner’s home for comfortable year-round living. Waterfront recreation is supported by two piers. The offering includes a well for water, and a shared septic system.
On-site improvements include a combination of frame, log, vinyl siding, and wood siding construction, with natural gas heating. Roofing materials include composition, shingle, and metal, and interior finishes include carpet, mixed flooring, vinyl, and wood. The cabins are described as fully furnished and ready to enjoy.
Key Highlights
- 8.91 acres with 204 ft of level, sandy Pelican Lake frontage
- 9 total cabins: 2 year‑round and 7 seasonal
- Each cabin has a kitchen and bathroom; 6 share a shower house
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 54463, WI
714
Population
1,057
Households
0.7
Avg Household Size
60
Median Age
21%
College-Educated
95%
High-School Grad
91.4 sq mi
ZIP Area
8
Density / Sq Mi
$56,765
Median Household Income
$45,833
Median Earnings
$807
Median Rent
$231,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Resort - Lakefront resort with cabins, an owner’s home, and level sandy frontage on Pelican Lake.
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 $724,900.
What are key features of this property?
This property features: 8.91 acres with 204 ft of level, sandy Pelican Lake frontage; 9 total cabins: 2 year‑round and 7 seasonal; Each cabin has a kitchen and bathroom; 6 share a shower house
