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Property profile & analytics
OFF-MARKET
Specialty properties

1060 Lake Shore Dr Goreville, IL 62939

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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