1150 E Linn St - Hospitality FOR SALE


Canton, IL 61520
$1,899,999 USD
562-900-5118
1150 E Linn St, Canton, IL for Sale
$1,899,999 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

1150 E Linn St
Canton, IL 61520


OVERVIEW

Grand Heritage Inn Canton Illinois at 1150 E Linn St, Canton, IL 61520 offers a compelling hospitality investment opportunity in the heart of Central Illinois. This 41-room hotel features approximately 20,000 SF across a two-story layout on a generous 4.77-acre site, delivering scale, visibility, and operational flexibility for investors seeking an established lodging asset. Built in 1998, the property presents a welcoming exterior, spacious lobby, front desk/reception area, and comfortable guest rooms with updated, modern appeal. Ample on-site parking and a strong parking ratio further support guest convenience and day-to-day operations. Offered at $1,899,999, this asset equates to approximately $46,341 per key and $95.00 PSF, positioning it as an attractive value-add or owner-operator opportunity. The surrounding Canton market is supported by solid area demographics, with a 5-mile population of 15,143 and average household income exceeding $80,000. With its sizable land parcel, established hotel configuration, and accessible Canton location, this property is well suited for investors looking to acquire a branded or independent hospitality asset with upside potential.

FOR SALE DETAILS

PRICE

$1,899,999 USD

PRICE/SF

$95 USD /SF

# OF ROOMS

41

PRICE/ROOM

$46,341 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heritage Grand Inn Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1998

PARKING SPACES

49

LAND DETAILS

LAND ACRES

4.77 AC

LAND SF

207,781 SF

ZONING

0070

APN/PARCEL ID

09-08-354-000-05

ASK ABOUT THIS PROPERTY

Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
562-900-5118

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Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
562-900-5118

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