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$750,000 -$100,000 (-11.76%) Price Reduced
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Property Description
Showings ideally to be scheduled between Sunday afternoon and Thursday. City, water and sewer are privately owned on the property. Financials available on request. Please give advance notice for showings. Property has two tax ID #'s: 08-07-04-200-010 & 08-07-04-200-026. There is an empty lot with Highway frontage that is included in the sales as well and is where a Rustic River Cabin sign can be found with highway visibility. Listing office does not hold EM-EM tbd w accepted offer. 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!
Full Property Details
Full Property Details for 1000 Calhoun St
General
- Price: $750,000
- Taxes: $13,272 (2023)
- Status: Active
- Type: Commercial Lease
- Source: 2606
- MLS ID: 202405518
- Updated: 5/11/2026
- Added to Site: 590 day(s) ago
Interior
- Flooring: Other
Location
- Subdivision: IL
School Information
- School District: West Carroll
Heating & Cooling
- Cooling Type: None
- Heating Type: LP Gas Forced Air
- Water Heater: Electric
Utilities
- Sewer: City
- Water: City
Structural Information
- Exterior Const.: Log
- Basement: Yes
- Basement Desc.: Pier
- Roof: Metal
- Common Walls: Other
- Doors: 10
- Square Feet: 4,800
- Year Built: 2003
Lot Features
- Lot Size (Acres): 11
Financial Considerations
- Price Per Sq. Ft.: $156.25
- For Sale/Rent/Lease: For Sale
- Tax Amount: $13,272
- Tax Year: 2023
Listed by Jim Sullivan Realty
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Schools
Schools serving 1000 Calhoun St
School District:West Carroll Community Unit School District 314
| Name | Grades | Distance |
|---|---|---|
West Carroll Primary School 2215 Wacker Road, Savanna, IL 61074 | PK-4 | 2.4 mi |
West Carroll Middle School 633 South East Street, Mount Carroll, IL 61053 | 5-8 | 9.7 mi |
West Carroll High School 500 Cragmoor Street, Savanna, IL 61074 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1000 Calhoun St
Date
Details
Price
Change
Source
5/11/2026
Price Reduced
$750,000
-11.76%
MLS
1/08/2026
Price Reduced
$850,000
-5.45%
MLS
9/30/2024
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1000 Calhoun St
1000 Calhoun Street, Savanna, IL 61074 (MLS# 202405518) is a Commercial Lease property. 1000 Calhoun Street is currently listed for $750,000 and was received on September 30, 2024. Want to learn more about 1000 Calhoun Street? Do you have questions about finding other Commercial Lease real estate for sale in Savanna? You can browse all Savanna real estate or contact a Coldwell Banker agent to request more information.

