Acreage/Farm for Sale: 2003 W Hanover, Hanover, IL 61041

$3,750,000
$3,750,000
2003 W Hanover, Hanover, IL 61041
$3,750,000
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Price:
$3,750,000
$250,000 - 10/05/2024

Type Acreage/Farm
Lot Size 112.00 acres

City Hanover
County Jo Daviess
School District 210
Subdivision Not Applicable

MLS 11895611
Status Active
This phenomenal Investment Opportunity on 112 Acres in the Galena Hills with a 5-acre Lake, 3 Exquisite Lodges, and a Winery! Breathtaking views of the Galena Territory make this property an ideal choice for weddings, special events, and even the prospect of a future resort. Actively thriving as Rocky Waters Vineyard & Winery, an award-winning 25-acre vineyard with the potential to expand up to 60 acres, this property offers turn-key income potential. However, if the new owners prefer not to be Winemakers, the sellers will "grapefully escape" and will remove the vines and equipment to allow the new owners to create their own dream. This estate provides three beautifully crafted homes, including a 15,000 sq ft luxurious main lodge with room for conversion into a bed & breakfast and an additional apartment. The Lodge features magnificent views & wrap-around decks for an immersive outdoor living experience, an exquisite gourmet kitchen, and a lower-level event space for up to 115 people. The Manager's Residence is placed on a specified 5 acres and offers 5 bedrooms, 3.5 baths, and a finished walk-out basement. The Fisherman's Cabin sleeps 10 and currently serves as an in-demand VRBO rental. This estate has been lovingly cared for by the same family since its creation. Rocky Waters is not only a rare investment opportunity but when the torch is passed, the new owners will be gifted peace of mind regarding quality, maintenance & attention to detail in every square foot. Indeed a dream come true! A plethora of additional information is available upon request!

Virtual Tours for 2003 Hanover Hanover, IL

Lot & Building Features

Cooling Central Air
Heating Forced Air, Wood, Propane, Other, Natural Gas
Tax Year 2022
Lot Dimensions 4878720 ft

Community and Schools

Elementary School 210
Junior High School River Ridge Middle School
Senior High School River Ridge High School

Price History of 2003 Hanover, Hanover, IL

Date Name Price Difference
10/05/2024 Price Adjustment $3,750,000 6.25%
05/04/2024 Price Adjustment $4,000,000 11.11%
03/18/2024 Price Adjustment $4,500,000 10.00%
12/31/1969 Listing Price $4,999,999 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Sheryl Wabi
Direct: 708-638-4783
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by BHHS Central Illinois, REALTORS, Amanda Wycoff & Edwin Neaves
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20%
1%
6.75%
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Monthly Taxes
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2003 Hanover (MLS #11895611) is a acreage/farm listing located in Hanover, IL. This is a acreage/farm listing with a lot of 4,878,720 sqft (or 112.00 acres). This property was listed on 10/04/2024 and has been priced for sale at $3,750,000.

Nearby zip codes are 61028. This property neighbors other cities such as Elizabeth.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: BHHS Central Illinois, REALTORS