www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31248754
27624501

2558 N 3653 Rd, Sheridan, IL 60551

LW
CA 02185614 (CA)
Matthews
JW
IL 475.208900
Matthews
MG
CA 02016029
Matthews
BK
IL 475162316
Matthews
RA
CA 01738687
Matthews
Listed by Matthews
This property is under contract, sold subject to seller approval
Under Contract

Former Fox River Resort at Sheridan

Details
APN 10-32-109-000, 10-29-307-000, 10-29-311-000, 10-33-301-015
Property Type Multifamily, Hospitality
Sub Type Hotel
Square Footage 385,845
Units 332
Year Built 1995
Buildings 36
Acreage 164.860

±851,123 SF Total Building Area

Marketing description

For registration requirements and regulations, please review here or contact Alexsis Wolfson | 949-799-4658 | aaguirre@crexi.com.

Property tours are available on March 25th, April 1st, and April 8th by appointment only. Please contact John Wrenn or Bryan Kunze to schedule.

Matthews Real Estate Investment Services™, in collaboration with Crexi, is pleased to present a rare opportunity to acquire the former Fox River Resort, a turn-key resort and transformative redevelopment opportunity.

Located 90 minutes west of downtown Chicago and less than 45 minutes from one of Illinois’ largest cities, this 150+ acre property includes over 300 units constructed in the 2010s, offering modern infrastructure, immediate operating scale, and extensive amenities.

The resort is being sold vacant and unencumbered by any management contracts, allowing investors the freedom to reposition, redevelop, or operate the property across multiple potential use cases.

  • Non-Contingent

  • Earnest Money Deposit: Greater of $200,000 or 10% of the Purchase Price

  • Marketing Fee: 3% of the Winning Bid Amount, $20,000 minimum

  • $10,000 Participation Deposit

  • Subject To Seller Approval

2558 N 3653 Rd, Sheridan, IL 60551

Investment highlights

Property Highlights:

  • 332 Units | Built 2010s

  • ±158 Acres | ±851,123 SF Total Building Area

  • Offered Vacant & Unencumbered

  • Attractive Unit Mix: 61 Studios, 61 One-Bedroom / One-Bath, 210 Two-Bedroom / One-Bath

Community Amenities:

  • Outdoor Pool & Indoor Waterpark

  • Par-3 Nine-Hole Golf Course & Mini Golf

  • 7-Acre Fishing Lake

  • Movie Theater & Arcade

  • BBQ & Picnic Areas

  • Sports Courts – Tennis, Basketball & Volleyball

Unit Features:

  • Extended-stay-style layouts

  • Fully equipped kitchens

Repositioning Potential - With its size, quality, and location, the Fox River Resort presents a unique opportunity for:

  • Hospitality or Resort-Style Master Plan Concepts

  • Mixed-Use or Residential Redevelopment

  • Build-for-Rent / Horizontal Multifamily Expansion



Listing Contacts

LW
CA 02185614 (CA)
Matthews
JW
IL 475.208900
Matthews
MG
CA 02016029
Matthews
BK
IL 475162316
Matthews
RA
CA 01738687
Matthews
Listed by Matthews

Map

Zoning

Intelligence Badge
A-C AgricultureAgriculture Conservation District
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 43 uses
View all 43 uses
Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Similar Properties

View All

Additional Information

Name
Matt Fitzgerald - Matthews
License
IL 471021676 | IL 478027547
Title
Broker of Record
Name
John Wrenn
License
475.208900
Brokerage
Matthews Real Estate Investment Services
Name
Bryan Kunze
License
475162316
Brokerage
Matthews Real Estate Investment Services
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591