1000 Calhoun Street Savanna, IL $ 899,000
1000 Calhoun Street
$ 899,000
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1000 Calhoun Street

Savanna, IL, 61074
$ 899,000
Bedrooms-- Baths-- Sq 4,800

Monthly Estimate*

$ 5,609

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Commercial Property for sale in Savanna, IL

for $899,000. This 4,800 square foot building was built on a lot size of 11.

What an opportunity to capitalize on the popular vacation rental business with this 11 +/- acres overlooking the Mississippi River and the Savanna-Sabula bridge with 10 vacation rental cabins and a strong rental history! A paved road ascends up the bluff with each cabin perfectly placed to maximize the Mississippi River views. Each cabin has a similar design and all are being sold fully furnished to include two queen beds, living room sets, kitchenettes and heating and air conditioning units. An additional building near the entrance of the property serves as a laundry and storage facility. The property has a strong rental history and, with every cabin booked nearly every weekend and frequent bookings during the week as well. The entire booking process has been automated and currently has an excellent cleaning staff to make sure the cabins are ready for the next check in. This is an excellent real estate investment for those looking for a near double digit rate of return and a property with major appreciation upside as there are only so many privately owned Mississippi River view like this one. With so many local attractions including nearby Galena, Chestnut Mountain Ski Resort, endless hunting and fishing opportunities, golf courses, state parks, etc-Northwest Illinois will continue to thrive as a popular destination for visitors and is less than 3 hours from downtown Chicago, around 2 hours to Madison WI, and only an hour to the Quad Cities. Call today to see the impressive income history and set up a showing on this impressive, high income vacation rental property!

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Commercial Active

Price

$ 899,000

Property Type

Commercial

Taxes

$ 13,272

Style

Rental

Lot Size

11

Town/City

Savanna

County/Region

Carroll

MLS | Web ID

202405518

Features
General
Water City
Sewer City
School District West Carroll
Water Heater Electric
Class COMMERCIAL/INDUSTRIAL
Type Rental
Tax Year 2023
Roof Metal
Electric Other
Status ACTIVE and AVAILABLE
Subdivision IL
Sale/Rent For Sale
Status Detail 0
Primary City Savanna
Year Built 2003
City SAVANNA
Taxes 13272
DOM 331
Postal Code 61074
Price Per Sq Ft Total AG 187.29
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Interior
Basement Pier
Heating LP Gas Forced Air
Flooring Other
Warehouse Sq Ft 0
Walls Other
Insulation Unknown
Air Conditioning None
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Exterior
Exterior Log
Sprinkler? No
Lot Size Area 11
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* Excluded Features
List By
Brandon Beyer

Listing Agent

Jim Sullivan Realty

Broker

brandon@jimsullivan-realty.com

Email

Affordability Calculator

$6,715
Per Month
84%
16%
0%
Monthly Principal & Interest
$5,609
Monthly Property Taxes
$1,106
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3439171 Elementary School
3439156 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2025$899,000 Listed Price

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1000 Calhoun Street, Savanna, IL, 61074 is a Commercial Property for sale at $899,000 with 4,800 sqft and a lot size of 11. The property's zip code is 61074 which is in Savanna, IL