Summertree Golf Course

Special Purpose for Sale
Catylist Listing ID: 30023884
Property Subtypes: Sports/Entertainment
Building Size (RSF): 4,872 SF
Gross Building Area: See Agent
Gross Land Area: 153.08 Acres
Sale Price: $2,000,000
Property Use Type: Investment
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 11/17/2017

Overview / Comments

18 hole golf course 6,596 yards, par 72. Property is a dual investment both as a profitable going concern, or as a long term path of progress land investmen. Price includes all F/F/E to operate Golf Course and restaurant, including liquor permit and Golf Carts.

Not a golf course Operator? Sale-Leaseback of Course Possible
Property located in Crown Point Limits
Sewer and Water in Place
Zoned A-1
2016 pay 2017 Property Taxes are ONLY $15,670.68
Price Per Acre ONLY $13,152.70

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Lake
Taxing Authority: Lake County
Tax ID/APN: 45-16-02-176.001.000-042
Zoning: A-1
Area Description: Located on 101st Avenue, +/-1.5 miles East of Broadway (SR 53) in Crown Point, Indiana, and is less than an hour from Chicago. Contact Broker to arrange a private tour. The Equipment list is available with a signed NDA.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,842 19,294 76,857
Median Age: 37.53 40.65 39.1
Households: 1,469 7,995 29,252


Photograph of Listing Agent

Michael Lunn

ICREX Member
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