510 U.S. 30, Rock Falls, IL 61071

Commercial property for sale

  • Description
  • Completely renovated in 2008 MOM & POP motel on very busy Route 30 street in Rockfalls. 5 New Kitchenett, 1 Jacuzzi Room and Restaurant/Coffee shops were added in 2008. Restaurant is Vacant and ready for lease @$2000. Per month plus Utilities. Average daily rate for single is $35, Double is $45 and Jacuzzi and Kitchnetts are about $89+. There are some weekly's. Absentee owners, wants to sell ASAP. Appraisal Value in 2008 was approx. was $850-$1 Mil. Cash buyers only. No financial,without signing NDA Occupancy is 75-80% during Summertime and 50% during Winter Time.Plans available for another 7 units Retail/Office commercial to be built on vacant lot. Building price details: $795,900.
  • Property Details
  • Property Type: Hotel & Motel
    Use Types: Hotel, Inn, Motel
    Status: Available
    Price: $ 33,163 +/Unit
    Number of Stories: 1
    Year Renovated: 2008
    MSA: Sterling
    Buildings: 1
    Broadband Internet: Cable
    Construction: Brick/Vinyl Siding
    Terms: Cash to Seller
    Added: 03/13/2013
    Last Update: 05/15/2013
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 24
  • Contact info
  • Kamlesh Shah, CCIM: 630-202-9094 [Office]
    RE/MAX PREFERRED PROPERTIES

  • Note
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