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3505 Apple Canyon Road Apple River, IL 61001 Residential - Single Family Active

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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.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 2,386
Lot Size: 1.55 acres
School District: Stockton

General Information

Bedrooms: 4
Bathrooms: 4
Sqft: 2,386
County: Jo Daviess
Listed By:
DC Rise Real Estate
Rockford Board of Realtors

Room Information

Bedroom 1: 17 X 24 Level - Lower
Bedroom 2: 17 X 24 Level - Lower
Bedroom 3: 17 X 14 Level - Main
Bedroom 4: 15 X 14 Level - Main
Kitchen: 16 X 10 Level - Main
Living Room: 24 X 15 Level - Main
Family Room: 24 X 15 Level - Main
$380,000
Est. $2,561/mo
4beds
4baths
2,386sqft
Active Price Reduced $4,300 on September 4th, 2026
BEDS4 BATHS2 full 2 partial SQUARE FEET2,386 MLS#202604856
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLStockton

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3505 Apple Canyon Road, Apple River, IL 61001.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $380,000$380,000$380,000
Down Payment $76,000$13,300$95,000
Monthly Mortgage Amount $1,921$2,358$2,386
Taxes $529$529$529
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$167$0
Monthly Estimated Total $2,561$3,165$3,026

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