240-204-5139
500 Hamilton Blvd
Peoria, IL 61602
Downtown Peoria
HIGHLIGHTS
- Recently renovated/repositioned hotel with concrete/steel construction offered at an outstanding discount to replacement cost and the owner’s budget.
- Fee simple, non-union, and unencumbered of management.
- Premier convention hotel, complimented by a diverse amenity base and supplemental income streams.
- Significant and immediate financial upside (top- and bottom-line performance), with an in-place accretive TIF benefit through 2031.
- Best-in-class Marriott affiliation with long-term license available. I Unrivaled location in Downtown Peoria with ideal supply story.
- Positioned to capitalize on significant local development activity.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
First Bid Meets Reserve | Lender-Driven Sale
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
9
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1975
PARKING SPACES
300
LAND DETAILS
LAND ACRES
2.2 AC
LAND SF
95,832 SF
ZONING
C
APN/PARCEL ID
18-09-208-007
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
240-204-5139
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
240-204-5139
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
