Are you dreaming of owning a cozy cabin nestled right on the river in Illinois? Look no further, as an incredible opportunity awaits you with this Illinois Cabin For Sale. This two-bedroom, one-bathroom retreat is perfect for those seeking a peaceful getaway from the hustle and bustle of daily life.
However, before you pack your bags and envision yourself sipping coffee on the porch overlooking the serene river, there are a few important details to consider. The application process for new owners is required through the Corps of Engineers, ensuring that the property is well-maintained and protected. A one-time application fee of $300 is necessary, and it only needs to be renewed every five years.
Furthermore, while you will own the cabin itself, the property is leased from the Corps of Engineers. The current lease amount is $450 per year, which is a small price to pay for the privilege of enjoying this breathtaking location. The Corps of Engineers takes great care of the surrounding area, ensuring that the natural beauty of the river is maintained for future generations to appreciate.
Additionally, there is a monthly maintenance fee (MJM) of $50. This fee covers the upkeep of communal areas, ensuring that the entire cabin community remains in pristine condition. It’s a small price to pay for the benefits of a well-maintained environment.
When it comes to utilities, the cabin relies on well water, providing you with a fresh and clean water source. The septic system is a holding tank, ensuring proper waste management. While there may be alternatives available, it is important to adhere to these restrictions to protect the environment and maintain the natural beauty of the area.
One important thing to note is that there are restrictions in place prohibiting the use of this cabin as a rental property. While it may be tempting to capitalize on the popularity of vacation rentals, these restrictions are in place to safeguard the tranquility and privacy of the cabin community. This ensures that you will be surrounded by like-minded individuals who share a passion for preserving the natural beauty of the area.
It’s important to consider the cost of ownership beyond the purchase price. The current owner pays an annual insurance premium of $650, which provides peace of mind and protection against unforeseen events. Taking these additional expenses into account will help you make an informed decision and ensure that you can fully enjoy your new retreat without any financial surprises.
So, if you’re ready to embrace a slower pace of life, relish in the beauty of nature, and create lasting memories right on the river, this Illinois Cabin For Sale might just be your ticket to a tranquil escape. With its stunning location, application process, and restrictions in place, this cabin ensures that you will be part of a community that appreciates and respects this natural sanctuary. Don’t miss out on this once-in-a-lifetime opportunity to own your own slice of paradise!