2542 8 1/4 Avenue Chetek WI 54728 $1,950,000 Schedule Tour
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For Sale
$1,950,000

2542 8 1/4 Avenue, Chetek, WI 54728

5,768 sqft · $338/sqft · 1.9 acres · Built 1979

MLS# 1605022

About 2542 8 1/4 Avenue, Chetek, WI 54728

Gilligan’s presents an opportunity to acquire an iconic waterfront hospitality destination on the Chetek Chain of Lakes, bringing together five parcels and a diverse collection of real estate, business and recreational assets.

At the heart of the operation is an established year-round restaurant and bar with a large, updated and well-equipped commercial kitchen, multiple indoor bar, dining and entertainment areas, and an upper seating loft.

Outside, the seasonal Tiki bar, expansive lakefront patio, abundant seating, stage and extensive dock system create an inviting setting for dining, live entertainment, special events and guests arriving by water.

Scenic lake views and a variety of gathering spaces appeal to local patrons, seasonal residents and visitors alike.

Three guest accommodations extend the experience beyond the restaurant, including an adjacent four-season cabin and two waterfront lodging units offering convenient Northwoods stays and diversified revenue potential.

A neighboring building, formerly operated as a store and now used for storage, adds valuable flexibility for continued storage, office use, renewed retail activity or future expansion, subject to applicable approvals.

Two additional parcels provide employee, guest and overflow parking in support of the business operations.

This multifaceted offering combines an established business identity, substantial infrastructure and a beautiful waterfront setting.

Carry forward a recognizable Chetek destination and shape its next chapter.

Property Details

Possession
Close Of Escrow
Zoning
Recreational, Residential, Shoreline
Heating
Forced Air
Cooling
Central Air
Water
Drilled Well
Sewer
Holding Tank, Private Sewer, Septic Tank
Foundation
Poured
Construction
Cement Siding, Wood Siding
Interior Features
Furnished, Handicap Access
Flooring
Carpet
Waterfront
Lake
Water Frontage
154 ft
View
Lake
School District
Chetek-Weyerhaeuser Area
County
Barron
Township
Town of Chetek
Directions
From the City of Chetek: Travel North on 2nd St about 1 mile. Turn right after the bridge onto Pinegrove Ave. Property on the left. <br>44 miles north of Eau Claire, 102 miles east of St. Paul, 220 miles north of Madison and 117 miles south of Duluth.
Parcel Number
012-4220-34-000
Legal Description
Lengthy: Multiple Parcels
Listing Brokerage
Keller Williams Realty Diversified

Location

  • Parks
  • Boat landings

What's Near 2542 8 1/4 Ave, Chetek, WI 54728

Nearby Parks

Nearby Boat Landings

Chetek Area Schools

Chetek-Weyerhaeuser Area School District

School information is sourced from public NCES data (assigned public schools from attendance-boundary data; nearby private schools and colleges by distance) and may change. Confirm directly with the school or district before relying on it.

Chetek Property Taxes

Annual tax
$13,720.80 (2025)
Parcel #
012-4220-34-000
County
Barron

Legal: Lengthy: Multiple Parcels

Mortgage Calculator

Estimated monthly $0
Principal & interest
$0
Property tax (est.)
$0
Home insurance (est.)
$0

Estimate only. Insurance assumed at 0.4% of home price annually; property tax from MLS data when available, otherwise 1.5%. Not a loan offer — confirm with your lender.

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This website is a service of 1 Reason Realty, a broker participant of the Northwestern Wisconsin MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.