Property profile

1000 Calhoun St Savanna, IL 61074

OFF-MARKET
Hotels
Property ID
US28-3611902
420 SF 10.11 ac lot Built 2003
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property in Savanna, Illinois consists of approximately 11 acres and is situated on a bluff with views overlooking the Mississippi River and the Savanna–Sabula bridge. Access is provided by a paved road that ascends the bluff, with ten vacation rental cabins positioned to maximize river views; the cabins are of similar design and include interior heating and air conditioning, two queen beds per cabin, living room furnishings, and kitchenettes. A separate building near the entrance provides laundry and storage support for the cabins. The cabins are configured for short-term visitor use and collectively support an ongoing rental operation, with automated booking and scheduled cleaning to prepare units for check-ins. Local recreation and regional attractions in the broader area include nearby Galena and Chestnut Mountain Ski Resort, as well as hunting and fishing access, golf, and state parks.

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2003
Total area 420 SF
Lot 10.11 ac (440,392 SF)
APN 08-07-04-200-010
UPID US28-3611902

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1000 Calhoun St Savanna, IL 61074-1301
Savanna metro Census 960300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1000 Calhoun St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message