1583 Spring Bay Rd East Peoria, IL 61611
- Retail properties
- 225.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1583 Spring Bay Rd
- Year built
- 2021
- Lot size
- 225.00 lot acres
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 225-acre turnkey resort in Spring Bay, Illinois, presents a unique investment opportunity. The property boasts three man-made lakes, a mile-long trout stream, and a charming restaurant, the Wolly Bugger. The restaurant features a contemporary rustic design and a spacious 9,000 square-foot outdoor patio complete with fire pits and rocking chairs, offering spectacular lake and sunset views. The resort includes fully furnished glamping tents and ADA-compliant cabins, each with a private yard and firepit, all beautifully landscaped for privacy and stunning views. Operational support includes an inviting entrance with a guard shed, a maintenance/warehouse building, boat house storage, and laundry facilities. The property's infrastructure is ready for future expansion, with existing electrical and plumbing in place for an additional 26 cabins or tents. Built in 2021, the resort comprises 26 buildings situated on the 225-acre lot. The clear spring water, sourced from the Sankoty Aquifer, maintains a consistent 52-degree temperature year-round, making it an ideal habitat for various trout species, walleye, and crappie, creating a fly-fishing paradise. This property offers a blend of natural beauty, recreational opportunities, and established infrastructure, making it an attractive and profitable venture. The asking price is $5,500,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.522
- Latitude
- 40.818
