506 Hanover Street Okawville, IL 62271

$1,750,000
506 Hanover Street Okawville, IL 62271
0 Square Feet
Tax History: $20673 - 2020
Estimated Payment: $8,287 Per Month*
Based on a 30-year fixed rate of 5.88% with 20% down. [ Change ]
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Property Description

$1,750,000  , Located in NONE,  OKAWVILLE.   ZIP Code: 62271

What a unique opportunity to own a one of a kind business that has been around since 1867. Take a step back in time when you visit this listing. Small town, simple life, & friendly people around every corner. The property has been giving mineral baths since 1868. Still drawing from the same springs to this very day. After your bath you can enjoy a sit in a sauna, relaxation cots, a personal massage, or a dip in the pool. The hotel currently has 36 rooms for guests in all different kinds of sizes. Plus a 3 bedroom apartment that an owner could live in or just rent it out for more income. The Boiler Room Restaurant offers a white linen dining experience. They are known for their American cuisine and serving Prime Rib 7 days week. There are 2 banquet rooms available to accommodate business or personal gatherings. Steampot Lounge is the bar in the rear of the building. The property has 2 parcels the block that the building stands plus an additional 3 acre parcel just east of the property.


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Main Features:
MLS#: 21032061
Listing ID: 1473
Updated: 117 days ago
Days on site: 74 days

Listing provided by

Steve Kehrer
Strano & Associates
* The Estimated Payment is offered as a tool for your convenience and is not an offer of credit. Actual mortgage rates and fees vary depending on your lender. Please check with your local lender for accurate mortgage rate information.

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