12340 S Cicero Ave | Alsip, IL 60803
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- LoopNet Team
12340 S Cicero Ave
Alsip, IL 60803
Red Roof Inn Chicago - Alsip · Hospitality Property For Sale
·
25,572 SF
INVESTMENT HIGHLIGHTS
- Two-Story, 60-Room, Red Roof-Branded Hotel
- Ideal Location off Interstate 294 Offering Easy Access to Major Demand Generators Including Trinity College and Northwestern Medicine Palos Hospital
- Absentee Owned; a New Owner-Operator can See Potential Upside through a Reduction in Hotel Operational Expenses
- Positioned within the Chicago Metropolitan Area
- Downtown Chicago is Located 24.5 Miles Away
- Offered Fee Simple and Unencumbered by Management Contracts or Existing Debt
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1950/2017 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.42 AC | Parking Ratio | 1.2/1,000 SF |
| Building Size | 25,572 SF | Corridor | Exterior |
| Zoning | I-1 - Light Industrial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.42 AC |
| Building Size | 25,572 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1950/2017 |
| Tenancy | Single |
| Parking Ratio | 1.2/1,000 SF |
| Corridor | Exterior |
| Zoning | I-1 - Light Industrial |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $125,034 | |
| Land Assessment | $154,338 | Total Assessment | $279,372 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$154,338
Improvements Assessment
$125,034
Total Assessment
$279,372
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