41550 Skokie Highway, Wadsworth IL 60083 Photo 1 41550 Skokie Highway, Wadsworth IL 60083 Photo 2 41550 Skokie Highway, Wadsworth IL 60083 Photo 3 41550 Skokie Highway, Wadsworth IL 60083 Photo 4 41550 Skokie Highway, Wadsworth IL 60083 Photo 5 41550 Skokie Highway, Wadsworth IL 60083 Photo 6 41550 Skokie Highway, Wadsworth IL 60083 Photo 7 41550 Skokie Highway, Wadsworth IL 60083 Photo 8 41550 Skokie Highway, Wadsworth IL 60083 Photo 9
Listing Courtesy of Rpm Real Estate

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41550 Skokie Highway - Rarely available direct access from US 41. Cash flow property ready for its next owner. Currently motel has 13 rooms, 6 double bed, and 7 queen, 85% occupancy. Low overhead expenses. Living headquarters including washer/dryer/ and newer water heater. Property sits on 3.6 Acres, potential for expansion, including truck stop or parking! Direct access from US 41! Possibilities are endless. 2 PINs available sold as a package. Motel only uses a small portion of the land. Massive expansion for the right buyer.

Listing information

  • MLS® ID: 09297648
  • Stories: 1
  • Foreclosure: No
  • Style: Business
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $22,677
  • Status: Active
  • New Construction: No
  • County: Lake

Features

Air Conditioning Central Individual
Business Age 11+ Years
Business Type Hotel or Motel, Other
Confidentiality Or Non-Disclosure Agreement Requir Yes
Current Use Commercial, Other
Franchisor Feed(y/n) No
Frontage/Access Frontage Road, Interstate, Public Road, State Road, US Highway
Heat/Ventilation Hot Water
Information Highly Confidential, Listing Agent Must Accompany, Non-Disclosure Agreement
Known Encumbrances None Known
Land Amenities Other
Living Quarters Included
Lot Size 3.0-3.99 Acres
Other Adjusted Net Income - 0, Annual Rent For Real Estate - 0, Approx Land Sq Footage - 5984, Approx Total Bldg Sq Ft - 5984, Business Name (If Confidential, Leave Blank) - Rosecrans Motel, Estimated Tax/Sf - 0, Gross Profit - 0, Gross Profit Year - 2015, Gross Sales Ann Year - 2015, Gross Sales Annual - 0, Inventory Year - 2015, Net Operating Income Year - 2015, Net Profit - 0, Sales Taxes - 0, Sales Taxes Year - 2015, Tax Year - 2015, Total Op Exp Year - 2015, Zoning Type - Other
Outdoor Parking 13-18 Spaces
Ownership Type Limited Partnership
Possession Immediate
Potential Use Commercial, Other, Planned Unit Development, Residential-Estate
Property Offered For Sale or Rent
Property Type Bus / Bus w/Real Est
Real Estate Included? (Y/N) Yes
Sale Price Includes Building, Business, Business Name, Customer List, Equipment, Inventory, Land, Owner Will Train, Phone Number
Seating Capacity 11-20
Tenant Pays Air Conditioning, Common Area Maintenance, Electric, Insurance, Real Property Taxes, Repairs and Maintenance
Type Of Lease Other (See Remarks)
Utilities To Site Electric Nearby, Gas Nearby, Water-Community
Waterfront (Y/N) No
Listing Courtesy of Rpm Real Estate