15 Mill St Elsah, IL 62028
- Hospitality properties
Current Use by Public Records
- Green Tree Inn of Elsah / Hotel / Lodge
- Green Tree Inn Bed and Breakfast / Bed & Breakfast
Property Details for 15 Mill St
- Year built
- 1986
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This exceptional bed and breakfast opportunity in Elsah, Illinois, presents a unique blend of historic charm and modern amenities. The property includes a main inn with five guest rooms, each featuring an ensuite bath. A former sixth guest room, currently used as a gift shop/antique room, offers potential for additional income. The .9-acre lot (200' x 200') also encompasses a spacious, separate owner's home built in 1986, boasting two bedrooms, 2.5 baths, an office, library, kitchen, and living room. The main inn, constructed in 1992, complements the owner's residence, both thoughtfully designed within the context of Elsah's historic setting. The property includes a separate garage with loft storage, offering potential for conversion or alternative use. Outdoor amenities include mature gardens, a labyrinth, and a newly constructed gazebo ideal for small events. The inn's location in the heart of Elsah, the first village nationally registered as a historic place, provides unparalleled access to local attractions, including Farley's Music Hall and the Village of Elsah Museum. Its proximity to Principia College ensures a consistent stream of guests. The property's combination of historic charm, modern conveniences, and strategic location makes it an attractive investment for those seeking a thriving hospitality business in a unique and desirable setting. The property also benefits from the strong support of a local tourism committee actively promoting business ventures in the area. The nearby Mississippi River and its recreational opportunities, along with the proximity to St. Louis, further enhance the property's appeal and potential for growth.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elsah
- County
- Jersey
- State
- Illinois
- Longitude
- -90.3616
- Latitude
- 38.9537