1060 Lake Shore Dr Goreville, IL 62939
Exceptional investment opportunity awaits with this three-cabin complex situated at 1060 Lakeshore Drive South in Goreville, Illinois, zip code 62939. Priced at $399,900, this special purpose property offers a unique blend of comfort and lucrative potential. Each cabin boasts a newly constructed studio design, maximizing space and creating a cozy atmosphere. Modern amenities include central heat and air conditioning, ensuring year-round comfort for guests. A full bathroom and microwave are included in each unit. The cabins are ideally located near a private boat launch just two blocks away, providing easy access to Lake of Egypt for fishing, watersports, and other recreational activities. Breathtaking water views enhance the appeal of these stylish retreats. Off-street parking is available for guests. With the potential to generate $175 per night per cabin, this property presents a strong return on investment. This turnkey operation is ready for immediate income generation, making it an attractive option for savvy investors seeking a piece of Lake of Egypt paradise. The property is located in Johnson County, Illinois.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.