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820 79th St
Willowbrook, IL 60527
Econo Lodge Willowbrook · Hospitality Property For Sale · 43,539 SF
Investment Highlights
- Three-Story, 120-Room, Exterior/Interior-Corridor Hotel
- Located Within the Chicago Metropolitan Statistical Area
- Offered Fee Simple, Unencumbered by Management Contract or Debt
- Priced Below Replacement Cost at $38,542 per Key
- Offers Significant Upside to Increase Market Penetration
- Conversion Opportunites Available (Inquire with Agent)
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 1990 |
| Building Class | C | Tenancy | Single |
| Lot Size | 2.28 AC | Parking Ratio | 2.96/1,000 SF |
| Building Size | 43,539 SF | Corridor | Exterior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.28 AC |
| Building Size | 43,539 SF |
| No. Stories | 3 |
| Year Built | 1990 |
| Tenancy | Single |
| Parking Ratio | 2.96/1,000 SF |
| Corridor | Exterior |
Amenities
- Pool
About 820 79th St , Willowbrook, IL 60527
Property Overview: The Econo Lodge Willowbrook is a 120-room, three-story, exterior/interior corridor Hotel built in 1990. Well-equipped with numerous common area and guest room amenities, this economy Hotel offers spacious guest rooms that come furnished with a work desk, chair, ?at-screen television, and coffee maker. Additionally, some common area amenities the Hotel has to offer consist of an outdoor swimming pool, vending machines, and bus/truck parking. Location Overview: Willowbrook, Illinois is a city located in DuPage County in the northeastern region of the state, 22 miles west of downtown Chicago. The Econo Lodge Willowbrook is superbly positioned on 79th street, near the Interstate 55 and Route 83 interchange. With the city’s major employers and popular revenue generators near the Property, this sought-after Hotel bene?ts from many key industries of the city which include manufacturing, distribution, and logistics. Navistar and Univar, two fortune 1000 companies located in Willowbrook are prime revenue drivers for the surrounding area. Other major employers that are responsible for a signi?cant portion of the workforce include Treehouse Foods, Hub Group, AAR and Roadrunner Transportation Systems. The Hotels proximity to Chicago helps bring additional revenue to the Hotel through an increase in transient business. Extra demand drivers for the city include the regional business center of Oak Brook, Midway International Airport, and the Waterfall Glen Forest Preserve.
PROPERTY TAXES
| Parcel Number | 09-26-402-030 | Improvements Assessment | $1,166,860 |
| Land Assessment | $246,470 | Total Assessment | $1,413,330 |
PROPERTY TAXES
zoning
| Zoning Code | B4, Willowbrook |
| B4, Willowbrook |
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