ChicagoBlue
Well-Known Member
- Joined
- 10 Jan 2009
- Messages
- 18,258
Lake Lawn Resort, Lake Delavan, WI.It’s beer thirty there
Very 80s Wisconsin Resort, but has beautiful location on N side of the lake.
Just S. is Geneva Lake, which is OLD MONEY Chicago haunt (Capone, Wrigley family, Meyer, etc.). Used to have their own Playboy Club which was THE place to spend your weekend nights, with a nice boat on the lake during the day!
Lakefront homes START at about £3-4M on Geneva Lake, whereas Delavan is both smaller and more local. Even so, they just built $1M+ spit & Kleenex homes on the lake!
During the pandemic, lake (all!) property popped 20-100%, depending on the location, so it’s become almost prohibitively expensive for regular folk, many of whom had planned a modest lake retreat for retirement.
The ONLY reason we bought this home last year (5 yrs prior to retirement) is because it was a ridiculously good price due to a death in the family, requiring a distress sale! My buddy lives next door and called me in Barcelona to tell me to come out and buy it!
We knew the area already and bought it on sight for a silly low price for IL. It needs work, as it was an older couple and 1992 stick construction, with small BR/BA. But, with 4 yrs to retirement, we are taking our time to remodel/rebuild for the future.
Hopefully, it’ll be a nice retirement home for us, while being able to enjoy it before then, too!