609-271-6312
115 E Ashland St, Morton, IL for Sale
Hospitality - FOR SALE
1/6
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115 E Ashland St
Morton, IL 61550


HIGHLIGHTS

  • Long term business contracts with government lodging partners
  • Updated property with excellent hotel rating
  • Loyal customers and local businesses

OVERVIEW

Situated in the heart of Morton, known as the Pumpkin Capital of the World, the hotel enjoys year-round demand from both leisure and corporate travelers. Morton is strategically located at the crossroads of Interstate 74 and Interstate 155, providing seamless access to major Central Illinois markets: - Peoria – 10 minutes (regional hub for healthcare, education, sports, and the arts) - Bloomington-Normal – 30 minutes - Springfield – 50 minutes - Chicago & St. Louis – 3 hours The property is strategically positioned near key demand generators, including leading healthcare institutions such as OSF Saint Francis Medical Center and Carle Methodist Hospital. In addition, the hotel draws consistent corporate and business travel supported by the Nestlé/Libby’s pumpkin plant, Caterpillar’s manufacturing and distribution facilities, a robust base of agriculture technology industries, and proximity to Precision Planting’s headquarters. Property has multiple long term business contracts with government lodging partners.

FOR SALE DETAILS

PRICE

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# OF ROOMS

48

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn Morton

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1996

PARKING SPACES

95

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

C

APN/PARCEL ID

06-06-17-201-004

ASK ABOUT THIS PROPERTY

Maulin PatelKundaldham LlcMore Info
609-271-6312

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Maulin PatelKundaldham LlcMore Info
609-271-6312

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.