Property summary
This exceptional commercial property in Makanda, Illinois, presents a rare investment opportunity. Located at 295 Panthers Den Road, this 62958-0000 land parcel features three uniquely designed and impeccably crafted cabins: the Creole, the Hollow, and the Cove. The Creole cabin, inspired by 18th-century French Colonial architecture, boasts 900 square feet of outdoor living space, including a wrap-around porch and deck, and a hot tub pavilion with panoramic views. The Hollow and Cove cabins offer a distinctive "Hobbit"-inspired design, complete with round entry doors and living roofs. Each cabin includes a hot tub, outdoor patio/deck, and fire pit, and all beds feature custom-made mattresses. Strategically positioned for maximum privacy, the cabins are situated at varying distances from one another, with the Creole and Cove cabins approximately 100 yards apart, and the Hollow cabin a minimum of 200 yards away. Currently enjoying a 95-100% occupancy rate and bookings up to a year in advance, this property offers significant income potential. The expansive land allows for future expansion, with the potential to add two more units, a private residence, or even a wedding venue, while maintaining the existing privacy. The asking price for this turnkey business is $1,390,000.
Property profile
VerifiedCap rate & NOI
Current use
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Vacation Rental Real Estate Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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