24142 S Governors Highway, MONEE IL 60449 Photo 1 24142 S Governors Highway, MONEE IL 60449 Photo 2 24142 S Governors Highway, MONEE IL 60449 Photo 3 24142 S Governors Highway, MONEE IL 60449 Photo 4 24142 S Governors Highway, MONEE IL 60449 Photo 5 24142 S Governors Highway, MONEE IL 60449 Photo 6 24142 S Governors Highway, MONEE IL 60449 Photo 7 24142 S Governors Highway, MONEE IL 60449 Photo 8 24142 S Governors Highway, MONEE IL 60449 Photo 9 24142 S Governors Highway, MONEE IL 60449 Photo 10 24142 S Governors Highway, MONEE IL 60449 Photo 11 24142 S Governors Highway, MONEE IL 60449 Photo 12
Listing Courtesy of Re/Max Synergy

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24142 S Governors Highway - Long time family owned "Terrace Motel" has 14 units plus owners unit. 4 units occupied. Hi traffic Governor's Highway location with over 6,700 vehicles per day. Weekly rentals @ $148.00 week. No leases. Owners unit has LR-Kit-2 bdrms-utility-full bath-office. Each unit has microwave, refrigerator & window a/c unit. Boiler room on each north/south wing. Septic & well. Over 6,216 square feet. Priced to reflect 'As-Is". Will County taxes assessed at $86,214 assessed value or $261,254 market value. Virtual Tour

Listing information

  • MLS® ID: 09312286
  • Stories: 1
  • Foreclosure: No
  • Style: Business
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $9,864
  • Status: Active
  • New Construction: No
  • County: Will

Features

Air Conditioning Window Unit/s
Business Age 11+ Years
Business Type Hotel or Motel
Confidentiality Or Non-Disclosure Agreement Requir No
Construction Wood Frame
Current Use Commercial
Franchisor Feed(y/n) No
Frontage/Access State Road
Heat/Ventilation Central Bldg Heat, Hot Water
Information Seller's Disclosure
Known Encumbrances None Known
Living Quarters Included
Lot Size 1.0-1.99 Acres
Other # Of Emp Full Time - 1, Adjusted Net Income - 0, Annual Rent For Real Estate - 0, Approx Land Sq Footage - 0, Approx Total Bldg Sq Ft - 6281, Business Name (If Confidential, Leave Blank) - Terrace Motel, Gross Profit - 0, Gross Profit Year - 2016, Gross Sales Ann Year - 2016, Gross Sales Annual - 0, Inventory Year - 2016, Net Operating Income Year - 2016, Net Profit - 0, Sales Taxes - 0, Sales Taxes Year - 2016, Tax Year - 2015, Total Op Exp Year - 2016, Zoning Type - Commr
Outdoor Parking 19-30 Spaces
Possession Closing
Potential Use Commercial
Property Offered For Sale Only
Property Type Bus / Bus w/Real Est
Real Estate Included? (Y/N) Yes
Sale Price Includes Building, Business, Land
Sale Terms Conventional
Tenant Pays Air Conditioning, Common Area Maintenance, Electric, Heat, Insurance, Janitorial, Real Property Taxes, Repairs and Maintenance, Roof, Scavenger, Structure, Water/Sewer
Type Of Lease None
Unincorporated (Y/N) Yes
Utilities To Site Electric to Site
Waterfront (Y/N) No
Listing Courtesy of Re/Max Synergy