$1,100,000
$1,250,000
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6931 S Lost Nation RD Dixon, IL 61021
2,240 SqFt
Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Sold
Purchase Type For Sale
Square Footage 2,240 sqft
Price per Sqft $491
MLS Listing ID 11934685
Sold Date 02/02/24
Annual Tax Amount $17,095
Tax Year 2022
Lot Dimensions 168 ACRES
Property Description
18 HOLE PUBLIC GOLF COURSE/168 ACRES/TURNKEY BUSINESS OPPORTUNITY/OFFERED BELOW APPRAISED VALUE. Lost Nation Golf Club is a scenic, challenging course nestled in the gentle rolling hills of Ogle County consisting of over 168 acres. It is located just 75 miles west of Chicagoland and 35 miles south of Rockford near historic villages of Dixon and Oregon. Lost Nation Golf Club is a public 18-hole course that is a favorite among locals as well as earning numerous 4-star honors from Golf Digest. The clubhouse features a bar and grille, banquet room, and outdoor seating overlooking the well-manicured grounds (consisting of Kentucky Bluegrass, Penncross Bent, and Rye grasses). The Pro Shop provides quality merchandise to customers as well as office space. There are 6 storage/maintenance buildings for 40 gas golf carts (leased), supplies, and equipment including 2 new mowers purchased last year. Updates include roof 2020, water heater 2023, bar cooler 2020 to the Clubhouse; HVAC 2022 in the Pro Shop; and pump for the sprinkler system in 2019. Property offers great opportunities for additional income streams, including a restaurant. The on-site grille was closed due to the pandemic, and has been greatly missed by both golfers and the hundreds of adjoining neighbors in Lost Lake Subdivision! THIS IS AN AMAZING OPPORTUNITY FOR GOLF ENTHUSIASTS, ENTREPRENEURS, OR INVESTORS. Don't let this prime time pass you by - purchase now so you'll be ready to tee off April 1st!
Location
State IL
County Ogle
Area Dixon / Nelson
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electric to Site, Holding Tank/s, Septic-Private
Roof Type Fiberglass
Building
Level or Stories 1
Structure Type Wood Frame
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Todd Henry • Whitetail Properties Real Estate, LLC
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