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Turnkey Short-Term Rental Event Property
For Sale
$1,800,000

798 Karbers Ridge Rd, Elizabethtown, IL 62931

Turnkey short-term rental and event property with a lodge-style home, partially finished pole barn, and seven rental units.

Property Size5,600 SF
Lot Size88.00 Acres
Price / SF$321.43
Days on Market49

Property Features for 798 Karbers Ridge Rd

General Information

Standard status Active
Size 5,600 SF
Lot size 88.00 Acres
Property subtype Commercial

Additional Details

Business Included Yes
Multifamily Units 7
Listing Agency: Living The Dream Inc
Listed By: Justin Bruehl () · License #475204116
Source: Davisrealtor
Added: Jul 8 Changed: Aug 24 Last Checked: Aug 25 at 7:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Living The Dream Inc

Investment Insights

Based on property information with market context.

This turnkey short-term rental and event property is set on approximately 88 acres and includes a lodge-style home with exposed beams and tall vaulted ceilings. For event and commercial use, there is an 80x70 pole barn that has been partially finished and includes a full commercial kitchen, two bathrooms, and a large lounge and recreation area.

The property operates with seven individual rental units currently in operation. It also backs up to outdoor recreation, with the site located within the Shawnee National Forest and adjoining it on three sides, providing access to miles of trails. Named nearby attractions include Rim Rock Trail, Garden of the Gods, Pounds Hollow Lake, and Cave-In-Rock State Park.

The existing layout is designed to support both weekend travelers and larger group bookings, with nightly rates reported between $126 and $260 and an average nightly rate of approximately $183.

Key Highlights

  • 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

Property Analytics

Current Use

Campgrounds

Lease Details

7
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 62931, IL

1,237
Population
939
Households
1.3
Avg Household Size
55
Median Age
10%
College-Educated
94%
High-School Grad
98.0 sq mi
ZIP Area
13
Density / Sq Mi
$55,625
Median Household Income
$31,141
Median Earnings
$235
Median Rent
$90,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Campground - Turnkey short-term rental and event property with a lodge-style home, partially finished pole barn, and seven rental units.
Where is this campground located?
The property is located at 798 Karbers Ridge Rd Elizabethtown, IL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 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
More about this property
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