2235 173rd St - Hospitality FOR SALE


Lansing, IL 60438
$3,399,900 USD
323-496-9736
2235 173rd St, Lansing, IL for Sale
$3,399,900 USD
Hospitality - FOR SALE
1/36
null | Request Cap Rate

2235 173rd St
Lansing, IL 60438


OVERVIEW

Comfort Suites at 2235 173rd St, Lansing, IL 60438 presents a compelling hospitality investment opportunity in the South Chicagoland market.? Offered at $3,399,999, this 65-room hotel delivers an attractive price point of approximately $52,308 per key and $108.67 per square foot.? Situated on 1.29 acres, the property encompasses 31,287 square feet and offers investors a well-positioned, professionally branded lodging asset with strong regional accessibility.? Originally built in 1996 and renovated in 2013, the hotel features updated guest accommodations and inviting common areas designed to serve both business and leisure travelers.? Guest amenities include spacious suite-style rooms, a breakfast area, and an indoor pool, creating a comfortable stay experience that supports repeat business and steady occupancy.? The surrounding area benefits from a dense and established population base, with more than 225,000 residents within five miles and solid household income demographics.? This is an excellent opportunity to acquire a recognized flag in a proven lodging corridor with value-add potential and long-term upside in a high-demand suburban location.?

FOR SALE DETAILS

PRICE

$3,399,900 USD

PRICE/SF

$109 USD /SF

# OF ROOMS

65

PRICE/ROOM

$52,306 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Suites near I-80 and I-94

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1996

PARKING SPACES

57

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

B-2, Lansing

APN/PARCEL ID

29-25-203-014-0000

ASK ABOUT THIS PROPERTY

Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
323-496-9736

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Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
323-496-9736

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