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- LoopNet Team
1311 N State Route 50
Bourbonnais, IL 60914
Motel / Redevelopment Site w/ Owner Financing · Hospitality Property For Sale · 30,092 SF
INVESTMENT HIGHLIGHTS
- Surrounding neighbors include CSL Behring, Denny's, Bakers Square, Steak & Shake, IHOP, Hobby Lobby
- Redevelopment Opportunity in Expanding Retail Corridor
- Highway Visibility
- Marquee Pylon Signage with Electronic Reader board
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1977/2023 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.73 AC | Parking Ratio | 2.91/1,000 SF |
| Building Size | 30,092 SF | Corridor | Exterior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.73 AC |
| Building Size | 30,092 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1977/2023 |
| Tenancy | Single |
| Parking Ratio | 2.91/1,000 SF |
| Corridor | Exterior |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ABOUT 1311 N STATE ROUTE 50 , BOURBONNAIS, IL 60914
OWNER FINANCING AVAILABLE. Motel located in unincorporated Bradley (Kankakee County) near exit #315 of Interstate 57 and along the County retail corridor. Property is visible from Interstate and can be operated as a motel or has potential as a redevelopment site for retail or commercial use. The building includes 97 existing rooms (5 are handicap rooms) that average 220 SF. Highlights include covered vehicle entrance, pylon signage, municipal sewer and water, in ground exterior pool (3' - 6' depth). Property exterior recently renovated. Surrounding neighbors include CSL Behring, Denny's, Bakers Square, Steak & Shake, IHOP, Hobby Lobby and many more. Ideal for an owner-operator.
PROPERTY TAXES
| Parcel Number | 17-09-16-300-045 | Improvements Assessment | $578,609 |
| Land Assessment | $96,391 | Total Assessment | $675,000 |
PROPERTY TAXES
ZONING
| Zoning Code | C2 (Kankakee County) |
| C2 (Kankakee County) |
