Contact Information
RV Park/Campground Details
- Price: $3,100,000
- Purchase Method: Cash, New Loan
- Cap Rate: 8.5% (Pro Forma)
- Listing ID: 7025829
- Posted On: Apr 10, 2026
- Updated On: Apr 10, 2026
Description
*** Marketed Exclusively by Campgrounds America LLC ***
The Palace Campground is family-owned and operated and is one of the oldest campgrounds in Illinois. Situated on 32 country acres, the Palace Campground offers a wide range of hookup types, including rustic sleeping cabins. Enjoy our outdoor pool or challenge yourself on our miniature golf course. The miniature golf course is open to the public and you can see the number of sales generated as reflected in the financial statements.
The campground is located within the city limits of Galena, Illinois. It consists of 32 acres zoned commercial Planned Unit Development. There are two Highway 20 access entrances. The Northern edge borders Oldenburg Lane with access to that street also. With dual access the grounds could be divided into commercial for the front acres and residential or some combination for the remaining grounds. The Planned Unit Development (PUD) rules allow for the construction of identified assets within each planned area. Cabins can be added pretty much at will by notification and a ten-dollar permit per cabin.
Our goal is to offer a stress-free retreat for our guests. Situated just 2 miles from historic downtown Galena, the Palace Campground is an ideal destination for those seeking adventure.
Regardless of your interests, the city provides a variety of activities. You can trek with goats, go ziplining, or spend the day shopping, world-class golfing, all just minutes from the campground.
Call John today to get his marketing package along with a current Pro Forma - NDA required.
Amenities
- Laundromat
- Pool
- Club House
- Storage
- Manager Office
- Bathhouse
- Store
- Wifi
Park Information
| Number of RV Lots: | 136 |
| Year Built: | 1970 |
| Size: | 32.0 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $490,550 |
| Operating Expense: | $283,672 |
| Net Operating Income: | $264,377 |
| Expense Ratio: | 57.8 % |
Utility Information
| Water: | Well |
| Sewer: | City |