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999 Independent 69 Room Road

Confidential, IL 99999
  • $3,900,000
  • STATUS: Active
  • ON SITE: 170 Days
  • MLS #: 11440299
$3,900,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Business Opportunity
County:

School Ratings & Info

Description

LONG TIME OWNERS SELLING THIS HUGE PARCEL WHICH INCLUDES A 67 ROOM INDEPENDENT MOTEL PLUS RESTAURANT AND BAR (LEASED). MOTEL FEATURES 8 APARTMENTS WHICH ARE LEASED ON A MONTHLY BASIS. SOME ROOMS HAVE BEEN RECENTLY UPDATED HOWEVER DOES NEED UPGRADING. THERE IS A HUGE PARKING LOT TO THE NORTH OF PROPERTY WHICH IS NOT BEING USED AT THIS TIME. PARKING FOR AT LEAST 100 CARS IN THE MAIN SECTION OF MOTEL. MOTEL IS CLOSE TO AIRPORT. PER OWNERS REQUEST POF OR FINANCIAL QUALIFICATIONS PRIOR TO VIEWING. LISTING AGENT TO ACCOMPANY ALL SHOWING. NEED AT LEAST 48 HOUR NOTICE TO SHOW.

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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 2022-12-07T23:58:07.603 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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999 Independent 69 Room Road Confidential, IL 99999

  • Price: $3,900,000
  • Status: Active
  • On Site: 170 Days
  • MLS #: 11440299
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Confidential Commercial Listings
County:
Cook
Area:
Confidential Commercial Listings
Property Description
LONG TIME OWNERS SELLING THIS HUGE PARCEL WHICH INCLUDES A 67 ROOM INDEPENDENT MOTEL PLUS RESTAURANT AND BAR (LEASED). MOTEL FEATURES 8 APARTMENTS WHICH ARE LEASED ON A MONTHLY BASIS. SOME ROOMS HAVE BEEN RECENTLY UPDATED HOWEVER DOES NEED UPGRADING. THERE IS A HUGE PARKING LOT TO THE NORTH OF PROPERTY WHICH IS NOT BEING USED AT THIS TIME. PARKING FOR AT LEAST 100 CARS IN THE MAIN SECTION OF MOTEL. MOTEL IS CLOSE TO AIRPORT. PER OWNERS REQUEST POF OR FINANCIAL QUALIFICATIONS PRIOR TO VIEWING. LISTING AGENT TO ACCOMPANY ALL SHOWING. NEED AT LEAST 48 HOUR NOTICE TO SHOW.
Exterior Features

Lot Size 2.0-2.99 Acres Parking Total 100 Waterfront YN No

Interior Features

Cooling Central Individual Heat Ventilation Central Bldg HeatCentral Heat/Indiv Controls

Property Features

Additional Parcels YN Yes Adjusted Net Income 0 Adjusted Net Income Year 2020 Annual Rent For Real Estate 0 Building Area Total 999 Business Age 11+ Years Business Type Hotel/Motel Corporate Limits 99999 Gross Profit Year 2020 Gross Sales Annual 0 Gross Sales Annual Year 2020 Mls Actual Status Active Operating Expense 0 Ownership Types Corporation Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBusinessLicense/PermitEquipmentTrade FixturesLease Hold Interest Tax Annual Amount 202100 Tax Year 2020 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceTaxesInsuranceRepairsRoofScavengerStructureSewer Type Bus / Bus W/Real Est Type Of Lease Gross Lease

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max Properties: 708-246-6300.


© 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 2022-12-07T23:58:07.603 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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