V Resort Living is a proposed residential resort redevelopment in Sheridan, Illinois, where open landscapes and shared recreation shape a new vision for connected living. Formerly Fox River Resort, the approximately 165-acre property combines existing residences with leisure facilities, offering a foundation for a thoughtfully renewed resort community.
The existing 332 residences sit within a setting of golf, water recreation, sports courts, and outdoor gathering spaces, bringing together the foundations of a distinctive resort environment. Through Vairt, eligible participants can review a fractional ownership opportunity linked to the proposed redevelopment — with property information, indicative budgets, and participation terms presented to help them understand the plans before taking their next step toward shared property ownership.
DOWNLOAD PROPERTY BRIEFA proposed resort community where existing residences, open landscapes, and recreational spaces offer a foundation for renewal.
Review the proposed ownership structure, redevelopment plan, management arrangements, fees, and distribution policy before making a commitment.
Participation and exit options depend on final project terms. Potential distributions depend on redevelopment progress, reopening, and future operating performance.
REQUEST OWNERSHIP DETAILSThe indicative plan combines acquisition with property rehabilitation and repositioning. Review the final scope, approvals, timeline, and management arrangements before committing.
The property is marketed as vacant. The proposed residences, facilities, and operations remain subject to due diligence, rehabilitation, approvals, and final project terms.
REQUEST PROPERTY DETAILSSet in Sheridan, Illinois, V Resort Living’s proposed redevelopment combines an expansive landscape with existing residences and recreational facilities. A lake, golf course, and outdoor gathering spaces form part of the property’s existing setting, with future access and use subject to the final redevelopment plan.
The Project Setting
Approximately Seven Acres
Nine-Hole Par-3 Layout
Tennis, Basketball and Volleyball
Existing Recreation Facility
V Resort Living is a proposed residential resort redevelopment in Sheridan, Illinois, formerly known as Fox River Resort. The property contains 332 existing units across approximately 165 acres.
The property is in Sheridan, Illinois 60551. Request the confirmed legal address and parcel details with the project documents.
The broker identifies approximately 164.86 acres, rounded to 165 acres in Vairt’s materials, with 332 existing units.
The indicated minimum is USD 25,000, subject to eligibility, availability, and final offering terms.
Participants share in a property-specific ownership structure. Final documents define legal rights, fees, redevelopment obligations, distributions, and exit provisions.
The broker markets the property as vacant. This page presents a proposed redevelopment and does not represent that residences or facilities are currently open or ready for occupancy.
The supplied materials list an indoor waterpark, outdoor pool, golf and mini golf, a fishing lake, sports courts, a movie theater, an arcade, picnic areas, and equipped kitchens. Future availability requires confirmation.
Vairt’s indicative budget is USD 16.5 million, comprising USD 3 million for acquisition and USD 13.5 million for rehabilitation. These estimates remain subject to due diligence, final scope, approvals, and offering terms.
The indicated target is five years. Actual timing and exit depend on redevelopment progress, market conditions, and project terms. Income, value growth, and exit timing are not guaranteed.
Request Vairt’s project documents to review the acquisition status, rehabilitation plan, budget, approvals, ownership structure, management arrangements, risks, and exit terms.
Get the redevelopment details, review the proposed ownership terms, and speak with Vairt about your next step.