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2105 1st Ave
Rock Falls, IL 61071
Days Inn · Hospitality Property For Sale · 69,600 SF
PROPERTY FACTS
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
About 2105 1st Ave , Rock Falls, IL 61071
The Days Inn in Rock Falls, IL is a 118 unit, former Holiday Inn in Northwest Illinois. It is located 60 miles from Davenport, IA and 110 miles from Chicago, off Interstate 88 and nearby IL-40 and IL-30 freeways in the heart of Sauk Valley. Sterling, Dixon, and Morrison are all close by. The hotel is in excellent condition, with 78 rooms completely renovated, and the property includes 5 acres. The Seller has plans to convert the remaining 40 units into 29 spacious suites, though that project is on hold. Current suites provide a lovely view over the indoor heated pool. There is also a business center, conference center and large banquet hall that has been recently renovated, providing guests with an opportunity to host business meetings and special events like weddings. There is a bar and lounge, meeting rooms, laundry service, concierge, and RV/Truck Parking. The current restaurant, All American Bar and Grill, has been recently renovated along with the bar. It is operated by the Seller, and there is an opportunity to bring in a lessee. Business generators include numerous parks, recreation, tourism, and travelers making their way to Chicago, as well as upcoming development and construction projects nearby the hotel. Note that the occupancy rates are based on the total of 118 rooms instead of the 78 units that are renovated and in operation. In cooperation with Chuck Baer Realty, Inc (IL Lic #475151799)
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PROPERTY TAXES
Parcel Number | 1134302005 | Improvements Assessment | $391,802 |
Land Assessment | $87,120 | Total Assessment | $478,922 |
PROPERTY TAXES
Learn More About Investing in Hospitality Properties
Listing ID: 15244274
Date on Market: 2/21/2019
Last Updated:
Address: 2105 1st Ave, Rock Falls, IL 61071