120 W Stevenson Rd - Hospitality FOR SALE


Ottawa, IL 61350
$5,595,000 USD
805-557-8857
120 W Stevenson Rd, Ottawa, IL for Sale
$5,595,000 USD
Hospitality - FOR SALE
1/27
null | Request Cap Rate

120 W Stevenson Rd
Ottawa, IL 61350


HIGHLIGHTS

  • Strong Financial Performance: Priced at a competitive 3.66x RRM based on 2025 actuals, offering a stabilized yield with immediate cash flow.
  • Turn-Key Asset: Recently renovated 3-story, interior-corridor property (built 1995), significantly reducing near-term CapEx requirements.
  • Strategic Chicago Proximity: Ideally located 90 miles from Chicago; situated outside of Cook County, providing a more favorable tax and regulatory env
  • Prime Interstate Visibility: High-profile location on a major interstate, ensuring consistent capture of commercial and transit-related "drive-by" dem
  • Tourism Drivers: Ideally positioned to serve Starved Rock State Park, one of the region's premier year-round outdoor and leisure destinations. Additio
  • Corporate Demand Drivers: Economic demand includes a variety of industries such as Logistics & Distribution, Manufacturing & Industrial, Healthcare an

OVERVIEW

Andrew Post is pleased to present for sale the Comfort Inn in Ottawa, Illinois, near Starved Rock State Park. This turn-key investment offers a stabilized, immediate-yield opportunity priced at a competitive 3.66x RRM. The recently renovated, interior-corridor asset is strategically located 90 miles from Chicago, benefiting from favorable non-Cook County taxes and high-profile interstate visibility. Its location captures a diverse mix of recreational tourism (Starved Rock State Park) and industrial demand (Logistics, Manufacturing, and Healthcare), while the property’s updated condition significantly minimizes near-term CapEx requirements.

FOR SALE DETAILS

PRICE

$5,595,000 USD

PRICE/SF

$160 USD /SF

# OF ROOMS

69

PRICE/ROOM

$81,087 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Inn Ottawa Starved Rock Area

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1995

PARKING SPACES

74

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

R-2

APN/PARCEL ID

14-35-201002

ASK ABOUT THIS PROPERTY

Kenneth CaroBowman Post GroupMore Info
805-557-8857

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Kenneth CaroBowman Post GroupMore Info
805-557-8857

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