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1326 Il Route 2

Oregon, IL 61061
  • $475,000
  • STATUS: Active
  • ON SITE: 115 Days
  • MLS #: 11483076
UPDATED: 38 min ago
$475,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
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Type:
Business Opportunity
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Area:

School Ratings & Info

Description

TURN KEY MOTEL! Opportunity knocks with your chance to own "The Chateau Lodge" a 12 room motel located just outside of Historic Oregon with views of Blackhawk Statue and the Rock River! With great reviews and many repeat customers, this tourism staple boasts an excellent occupancy rate and is turn key for the next operator. Each room has electric baseboard heat, window unit air conditioning, refrigerator and full bathroom with tub. The property also includes a 2 bedroom apartment with updated kitchen and full bathroom. There is a laundry room and janitorial space with two washer and dryers for taking care of guest linens. Many updates including: roof, hot water heater, furnace & exterior maintenance. You have to see to believe how well this property is managed and cared for!

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© 2022 Midwest Real Estate Data LLC. All rights reserved. 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 is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2022-11-27T23:57:40.227 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1326 Il Route 2 Oregon, IL 61061

  • Price: $475,000
  • Status: Active
  • On Site: 115 Days
  • Updated: 38 min ago
  • MLS #: 11483076
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Oregon
County:
Ogle
Area:
Oregon
Property Description
TURN KEY MOTEL! Opportunity knocks with your chance to own "The Chateau Lodge" a 12 room motel located just outside of Historic Oregon with views of Blackhawk Statue and the Rock River! With great reviews and many repeat customers, this tourism staple boasts an excellent occupancy rate and is turn key for the next operator. Each room has electric baseboard heat, window unit air conditioning, refrigerator and full bathroom with tub. The property also includes a 2 bedroom apartment with updated kitchen and full bathroom. There is a laundry room and janitorial space with two washer and dryers for taking care of guest linens. Many updates including: roof, hot water heater, furnace & exterior maintenance. You have to see to believe how well this property is managed and cared for!
Exterior Features

Frontage Type Public RoadState Road Land Amenities Lighting/Exterior Lot Size .50-.99 Acre Outdoor Parking 19-30 Spaces Parking Total 19 Roof Composition Waterfront YN No

Interior Features

Cooling Window Unit(S) Heat Ventilation Electric Miscellaneous Inside Private Restroom/SLaundry Room

Property Features

Additional Parcels YN No Adjusted Net Income 0 Adjusted Net Income Year 2020 Annual Rent For Real Estate 0 Building Area Total 5800 Business Age 11+ Years Business Type Hotel/Motel Corporate Limits Oregon Current Use Commercial Electric Service - 101 To 200 Amps Gross Profit Year 2020 Gross Sales Annual 0 Gross Sales Annual Year 2020 Location CornerMixed Use AreaWater View Mls Actual Status Active Operating Expense 0 Ownership Types Corporation Possible Use CommercialOther Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessEquipmentCustomer ListPhone NumberBusiness Name Tax Annual Amount 8738 Tax Year 2020 Tenant Pays Air ConditioningElectricityHeatJanitorial ServiceTaxesInsuranceRepairsSewer Type Bus / Bus W/Real Est Type Of Lease None Utilities Electric To SiteGas To SiteSeptic-PrivateWell Private Zoning Commr

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max Of Rock Valley: 815-732-9100.


© 2022 Midwest Real Estate Data LLC. All rights reserved. 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 is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2022-11-27T23:57:40.227 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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