2003 West Hanover Road

Hanover, IL 61041

$3,750,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.
a view of a yard with plants and large trees
a view of a lake with a yard
a view of a city
a view of swimming pool with a backyard
a view of a lush green space
a view of a lake with a yard and large trees
a view of a swimming pool with a yard and lake view
a view of a garden with a building
a bench is sitting in front of a house
a front view of a house with a garden
a view of a chairs and table in the patio
a view of a patio with a table and chairs potted plants
a view of a patio with table and chairs potted plants with wooden floor and floor to ceiling window
a view of a chairs and table in the balcony
a view of a patio with table and chairs and potted plants
a view of a chairs and a window in back of the building
a view of a dining room with furniture window and outside view
a kitchen with stainless steel appliances granite countertop a stove and a sink
a kitchen with a stove a sink and a wooden cabinets
a kitchen with stainless steel appliances granite countertop a sink and granite counter tops
a kitchen with stainless steel appliances granite countertop a stove a sink dishwasher and cabinets with wooden floor
a kitchen with stainless steel appliances granite countertop a sink a stove and cabinets
a view of a kitchen with stainless steel appliances granite countertop a stove and cabinets
a kitchen with granite countertop a oven and a sink
a spacious bedroom with a bed and a large window
a living room with furniture and a large window
a view of an outdoor space with seating area
a living room with furniture and a fireplace
a bathroom with a double vanity sink a mirror and a shower
a bathroom with a sink and a mirror
a bathroom with a toilet a sink and a window
a bathroom with a toilet sink shower and mirror
a bathroom with a double vanity sink a mirror and a bathtub
a view of balcony with furniture
a living room with furniture a fireplace and a floor to ceiling window
a living room with furniture and a window
a view of a patio with table and chairs
a view of a roof deck
a view of balcony with wooden floor
a bedroom with a bed and a window
a bedroom with bed and a window
a view of a room with a small yard and large trees
a view of a house with backyard and porch
front view of a house with a yard
a balcony with wooden floor and outdoor seating
a view of a chairs and table in the balcony
a living room with furniture a fireplace and a ceiling fan
a kitchen with stainless steel appliances granite countertop a sink and a refrigerator
a kitchen with stainless steel appliances granite countertop a sink and cabinets
a living room with furniture and wooden floor
a bedroom with furniture and a large window
a living room with furniture and wooden floor
a bedroom with a bed and a window
a view of an empty room with wooden floor and a window

Description

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,...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!
  1. Listed by Amanda Wycoff • BHHS Central Illinois, REALTORS
  2. Listed by Edwin Neaves • BHHS Central Illinois, REALTORS

Property Details for 2003 West Hanover Road

Area
Hanover
Township
Elizabeth
Zoning
COMMR
LISTING UPDATED: 10/11/2024 12:07 AM

Property Details for 2003 West Hanover Road

StatusActive
MLS #11895706
Days on Market409
Taxes$40,564 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built2008
Lot Size112.00 AC / 4,878,720 SF
CountyJo Daviess County

Building Information for 2003 West Hanover Road

Stories4Residences3Year Built2008Lot Size112.00 AC / 4,878,720 SF

Property Information for 2003 West Hanover Road

General Information
Addtl Parking Information
  • Outdoor Parking: Over 100 Spaces
Location and General Information
  • Frontage Type: County Road
  • Geographic Locale: Far West
  • Information: Show-Special Instructions,48-Hr Notice Required,No Sign on Property
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Service - 201 to 600 Amps
  • Flooring: Carpet, Slate/Marble, Tile, Wood
  • Heat/Ventilation: Forced Air,Propane,Other
  • Misc Inside: Storage Inside,Basement,Laundry Room
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
  • Misc Outside: Balcony/ies,Courtyard,Enclosed Porch,Accessible Entrance,Patio,Storms and Screens (as exist),Sun Deck
Property/Lot Information
  • Tenant Pays: Other
  • Built Before 1978: No
  • Approximate Age: 7-15 Years
  • Lot Dimensions: 112 ACRES
  • Lot Size Square Feet: 4878720.0
  • Stories: 4
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Brick
  • Construction: Concrete, Steel Siding, Stone, Wood Frame
  • Roof Type: Metal
  • Fire Protection: Fire Extinguisher/s,Carbon Monoxide Detector(s)
  • Roof Structure: Wood Joists
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 15000
  • # Of Offices: 0
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Possible Use: Single Family, Other
  • Buyer Financing: Conventional, FHA, VA
  • Documents Available: Floor Plan,Existing Survey,Operating Statement
  • Public Document Count: 3
  • Document Date: 2023-10-09T14:16:09
  • Photos Count: 140
Miscellaneous
  • Location: Water View
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 10-11-2023
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $1,900.00
  • Fuel Expense: $1,000.00
  • Gross Income: $300,000.00
  • Gross Scheduled Income: $300,000.00
  • Insurance Expense: $8,000.00
  • Total Monthly Income: 25000
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 2003 West Hanover Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2003 West Hanover Road

This home is within River Ridge Community Unit School District 210.
Rating
School
Type
Grades
Distance
River Ridge Elementary School
Public - PK to 5
River Ridge Middle School
Public - 6 to 8
River Ridge High School
Public - 9 to 12
Rating
School
Distance
River Ridge Elementary School
PublicPK to 5

River Ridge Middle School
Public6 to 8

River Ridge High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2003 West Hanover Road, Hanover, IL 61041

2003 West Hanover Road is a mixed use property for sale in Hanover, IL 61041. This property was listed for sale on October 10, 2023 by BHHS Central Illinois, REALTORS, it's currently listed at $3,750,000. This listing's school district is River Ridge Community Unit School District 210. Nearby schools include River Ridge Elementary School, River Ridge Middle School and River Ridge High School. 2003 West Hanover Road is a 0-bed, 0-bath, mixed use property built in 2008.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Central Illinois, REALTORS

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/11/2024 12:07 AM. 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.