Econo Lodge El Paso | 630 W Main St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Econo Lodge El Paso 630 W Main St
41 Room Hotel El Paso, IL 61738 $1,500,000 ($36,585/Room)
Executive Summary
Prime Investment Opportunity – Renovated Econo Lodge in El Paso, IL
Turnkey Hotel Property in a Strategic Location
This is a rare opportunity to own a well-established, fully operational hospitality
property situated off Interstate 39 in El Paso, Illinois. With recent upgrades that meet
and exceed franchise standards, this property is ready to deliver solid returns.
Key Property Features
Renovations:
New carpets and flooring in all rooms.
Updated furniture for improved guest experience.
Roof replaced less than 5 years ago.
Modern Amenities:
All 42 rooms include a fridge and microwave.
Guest laundry facilities and vending machines are available.
Operational swimming pool for guest recreation.
Manager’s apartment on-site for convenience.
Franchise Benefits:
Low franchise fee of 5% supports strong profitability.
Remaining 4-year franchise term with strong brand support, contributing
over 50% of bookings through Choice Hotels systems.
Financial and Room Details
2024 Annual Revenue: $415,000.
Room Rate: $80 per night.
Room Configuration:
17 King rooms.
24 Double rooms.
Additional Features
Conveniently located near dining options, gas stations, and local attractions.
Bonus: 17 chairs purchased and included in the sale (currently in India; shipping
costs apply).
Well-maintained infrastructure with recently replaced bearings and updated
flooring.
Viewing Schedule
Showings available Saturday through Sunday, 1 PM – 5 PM. Contact us today to
schedule your visit.
Why This Property?
This is a fully operational hotel with established revenue, modern upgrades, and a
strategic location just off Interstate 39. With strong franchise support, minimal
immediate maintenance needs, and proximity to attractions like the El Paso Golf Club
and Evergreen Lake, this property is a great addition to any portfolio.
Turnkey Hotel Property in a Strategic Location
This is a rare opportunity to own a well-established, fully operational hospitality
property situated off Interstate 39 in El Paso, Illinois. With recent upgrades that meet
and exceed franchise standards, this property is ready to deliver solid returns.
Key Property Features
Renovations:
New carpets and flooring in all rooms.
Updated furniture for improved guest experience.
Roof replaced less than 5 years ago.
Modern Amenities:
All 42 rooms include a fridge and microwave.
Guest laundry facilities and vending machines are available.
Operational swimming pool for guest recreation.
Manager’s apartment on-site for convenience.
Franchise Benefits:
Low franchise fee of 5% supports strong profitability.
Remaining 4-year franchise term with strong brand support, contributing
over 50% of bookings through Choice Hotels systems.
Financial and Room Details
2024 Annual Revenue: $415,000.
Room Rate: $80 per night.
Room Configuration:
17 King rooms.
24 Double rooms.
Additional Features
Conveniently located near dining options, gas stations, and local attractions.
Bonus: 17 chairs purchased and included in the sale (currently in India; shipping
costs apply).
Well-maintained infrastructure with recently replaced bearings and updated
flooring.
Viewing Schedule
Showings available Saturday through Sunday, 1 PM – 5 PM. Contact us today to
schedule your visit.
Why This Property?
This is a fully operational hotel with established revenue, modern upgrades, and a
strategic location just off Interstate 39. With strong franchise support, minimal
immediate maintenance needs, and proximity to attractions like the El Paso Golf Club
and Evergreen Lake, this property is a great addition to any portfolio.
Property Facts
| Price | $1,500,000 | Building Size | 20,500 SF |
| Price Per Room | $36,585 | No. Rooms | 41 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1995/2023 |
| Property Subtype | Hotel | Parking Ratio | 2.83/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 1.34 AC |
| Price | $1,500,000 |
| Price Per Room | $36,585 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.34 AC |
| Building Size | 20,500 SF |
| No. Rooms | 41 |
| No. Stories | 2 |
| Year Built/Renovated | 1995/2023 |
| Parking Ratio | 2.83/1,000 SF |
| Corridor | Interior |
Amenities
- Pool
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 41 | $115.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 16-07-201-033 | Improvements Assessment | $221,909 |
| Land Assessment | $69,848 | Total Assessment | $291,757 |
PROPERTY TAXES
Parcel Number
16-07-201-033
Land Assessment
$69,848
Improvements Assessment
$221,909
Total Assessment
$291,757
zoning
| Zoning Code | C (General Commercial) |
| C (General Commercial) |
Learn More About Investing in Hospitality Properties
1 of 63
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Econo Lodge El Paso | 630 W Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.