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3505 E Apple Canyon Rd , Apple River, IL 61001
$348,900
Est. Payment: $1,872.01/mo
2386 Sqft
1.55 Acres
Status: price change | Days on site: 42
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30171 - 71646
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House Description

UNIQUE INVESTMENT OPPORTUNITY IN A PRIME APPLE CANYON LAKE LOCATION! Situated just outside the Apple Canyon Lake HOA at the highly visible corner of Apple Canyon Road and Canyon Club Drive, this versatile property offers endless possibilities for an investor, business owner, or short-term rental operator. The main level is currently configured as a real estate office and features two spacious main rooms, two additional rooms, a kitchen, and two bathrooms. The bathroom showers have been converted into closets but could potentially be restored to their original use. The lower level includes two private, motel-style guest accommodations, each with its own exterior entrance and smart lock. Room One is furnished with two king-size beds, while Room Two offers one king-size bed and one queen-size bed. Both rooms include a private full bathroom with a walk-in shower. The rooms are separate and do not have an interior connecting door. A laundry and furnace room is also located on the lower level. The property is licensed through Jo Daviess County for guest accommodations and is grandfathered for its current use. A buyer could continue operating the commercial space and existing short-term rental units, explore converting the entire building into a short-term rental property, or bring a completely new vision to the space. Depending on the buyer's intended use, county approval may be required. The property is located within the agricultural zoning district. Outside, you will find a huge yard with plenty of usable space, along with a small storage shed that is ideal for maintenance equipment and supplies. With excellent visibility, an established guest accommodation license, flexible interior space, and a location just outside the Apple Canyon Lake HOA, this is truly a one-of-a-kind opportunity. Property tours are available now! Broker owned.

Highlights

Listed by Danielle Cline , 815-701-3326 DC Rise Real Estate , 815-701-3326. Midwest Real Estate Data mls logo

Property Type

Commercial Sale

Lot/Acreage
1.55

Year Built

1976

County

Jo Daviess

Area

Apple River

Listing ID

12760136

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Interior Features

Air Cond:Central Air
Fireplaces:

Exterior Features

Lot Dimensions:300x225x300x225
Zoning:COMMR
Principal Interest
$1,872
Taxes
$180

Home Price

$348,900

Loan Details

30 yrs
7.08%

Down Payment

20%
$69,780
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,872.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,872.01 $179.58 $0.00 $2,051.60
Yearly $22,464.16 $2,155.00 $0.00 $24,619.16
Total $673,924.66 $64,650.00 $0.00 $738,574.66
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Master Chief
Lender
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Market insight data is pulled from the same city as the listing being viewed (Apple River, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-26T20:59:06.000Z

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