Independent motel for sale

Cook County, IL
listing image
Asking Price:$2,000,000
BUSINESS DESCRIPTION

The Imperial Motel is a 40-room exterior corridor property located on the bustling 103rd Street in Chicago. This limited-service motel presents significant upside potential and is an ideal candidate for an economy flag. The sturdy brick building is strategically positioned near key demand generators, including Chicago Midway Airport, just 12.4 miles away, and a Metra station only 1 mile away. Additionally, the property encompasses ± 0.76 acres of land, enhancing its appeal for future development opportunities. Room revenue 600,000 per year . Absentee owner . Call for more information.


DETAILED INFORMATION
Location
Cook County, IL
Inventory
Not Included in asking price
Real Estate
Owned
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AJ SANDHU
UBB
AJ SANDHU