Balie Strasburg

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Listing provided courtesy of ELIASON REALTY - EAGLE RIVER- MLS# 214881MLS Provider

1116 CHICAGO POINT DRPelican Lake, WI 54463

Commercial · 5,290 Sq. ft.
$724,900 Active Under Contract

1116 CHICAGO POINT DR Overview

Time on Site:
243 days
Visits:
147

Incredible opportunity on beautiful Pelican Lake! Set on nearly 9 acres with 204 ft of level, sandy frontage, this established family resort offers 9 total cabins—2 year-round and 7 seasonal. Each cabin features a kitchen and bathroom, with 6 sharing a well-maintained shower house. The charming owner’s home provides comfortable year-round living. Perfect for a resort business, family compound, or private retreat! Enjoy stunning lake views, spacious grounds, and two piers for all your waterfront fun. Fully furnished and ready to enjoy—turnkey and packed with potential!

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1116 CHICAGO POINT DR Facts & Features

  • Type Commercial
  • Sq. ft. 5,290
  • Price/Sq.ft. $137

Details

General

Business Information

  • Business Type: Hotel/Motel, Recreation

Location/Region

  • County Or Parish: Oneida
  • Postal City: Pelican Lake
  • Township: ON Schoepke (Town)

Tax Information

  • Tax Annual Amount: $4,990.00
  • Tax Year: 2025

General Information

  • Inclusions: Real Estate Only, Fixtures, Equipment, Furniture, Inventory, Supplies
  • Parcel Number: SC-813, SC-814, 144-4, 144-8
  • Property Sub Type: Hotel/Motel
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 5290.0

General Information

  • Flooring: Carpet, Mixed, Vinyl, Wood

Exterior

Lot Information

  • Frontage Length: 204
  • Frontage Type: Lakefront
  • Lot Features: Lake Front, Wooded
  • Lot Size Square Feet: 388120.0
  • Water Source: Drilled Well

Waterfront/View

  • View: Yes
  • Water Body Name: PELICAN
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes

Building Exterior/Construction

  • Construction Materials: Frame, Log, Vinyl Siding, Wood Siding
  • Direction Faces: West
  • Roof: Composition, Metal, Shingle

General Information

  • Number Of Units Total: 9
  • Other Structures: Living Quarters, Outbuilding
  • Road Frontage Type: Town Road
  • Sewer: Conventional Sewer, Shared Septic

1116 CHICAGO POINT DR Neighborhood

Community

54463 (Pelican Lake) Demographics

52
Median Age
7
Population Density (per sq. mile)
33%
College Educated
$47,500
Estimated Median Income
243
Estimated Total Home Owners
47
Estimated Total Renters
84% / 16%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1116 CHICAGO POINT DR Market Data

Based on the last 30 days in this zip code

$611,346
Average List Price
$258
Average Price per Square Foot
0
Properties Sold
82
Average Days on Market
13
Properties for Sale
Calculations provided by Reliance Network

1116 CHICAGO POINT DR History

Date Event Value Agent
6/15/2026Source: Greater Northwoods MLS Status Change
Active Under Contract
3/27/2026Source: Greater Northwoods MLS Price Reduction
$724,900 -3.2%
10/29/2025Source: Greater Northwoods MLS Added to Database
October 29, 2025