Pending

506 N. Hanover St. • Okawville, IL.

Turn Key Historic Investment

$597,000.00 Okawville, IL 62271
  • 2.65 Acres
  • Washington County

Description

Address:  506 N Hanover Street Okawville, IL 2.65 acres 

Located in the heart of historic Okawville, approximately 44 miles southeast of Downtown St. Louis, the Original Springs Hotel was established in 1867. The last remaining mineral springs in Illinois, it has 4 separate wells on the property.  The mineral water was bottled and sold unitil early 2000s.  Production could potentially be resumed by the buyer.  Famous for its mineral bathhouse and spa which boasts 8 large private bath tubs for guests to soak in, private showers, massage rooms and a Swedish dry heat sauna.  There are 36 private guest rooms, a 3 bedroom apartment within the building, office space, a conference room, banquet hall, bar/lounge, restaurant and outdoor beer and wine garden area. It features a 30,000 square foot indoor heated pool beneath a large skylight.   2.65 acres total, including 1.65 acres behind the hotel featuring a gazebo in a partially wooded lot. This property features an abundance of potential and property is listed on the National Register of Historic places.

 

  • Age of the hotel: 130 years old
  • Lot Size: 2.65 acres
  • Heating: electric  and gas, forced air, radiant floor 
  • Cooling: central and wall units
  • Roof:  Flat, metal
  • Wells
  • Utilities
    • Water City of Okawville
    • Sewer City of Okawville
    • Electric  Ameren
    • Gas Ameren
  • Garage
  • School District: Okawville
  • Drive Times: 45 minutes from ST Louis, MO
  • Title company : Washington County Title and Abstract
  • Financing :  Conventional /Cash

 

Directions:   Interstate 64 to Okawville, IL exit 41 to E High Street to North Hanover Street

Legal Description: S21 T1S R4W Lots 1 to 8 BLK 9

Parcel(s): 12-06-21-113-001, 12-06-21-107-019

Taxes: $$ 20,545.14 -2021

 

P# 631 /  MLS # 23028601

LISTED by Property Peddler Inc.

Susan Kroll Broker 618-571-0250

 

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