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Listed by Gerard DuMelle of CENTURY 21 Affiliated 815-397-7700

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4419 11th Street - 110 Room motel 51,233 sq/ft building near Chicago Rockford International Airport. 2 banquet rooms, 1 bar, outdoor pool. Great potential! 4.83 acres 1/2 mi from Hwy 20/39. Two parcels. Diamond in the rough now just $8,636 /room. Limited competition in the area. Zoned I-3. Property part of Global Trade TIF #1, redevelopment/ additions $ available. Confidentiality agreement needed to release financials, contact agent.

Listing information

  • MLS® ID: 08648154
  • Status: Active
  • New Construction: No
  • County: Winnebago
  • Property ID: 103506787
  • Stories: 2
  • Foreclosure: No
  • Style: Business
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $37,543

Features

Air Conditioning Central Air, Window Unit/s
Business Age 4-6 Years
Business Type Hotel or Motel
Confidentiality Or Non-Disclosure Agreement Requir Yes
Construction Concrete Block, Steel
Current Use Commercial
Franchisor Feed(y/n) No
Frontage/Access Frontage Road, State Road
Heat/Ventilation Electric, Wall Unit
Information 24-Hr Notice Required, Listing Agent Must Accompany
Known Encumbrances None Known
Land Amenities Lighting/Exterior
Location Industrial Area/Campus, Industrial Park
Lot Size 4.0-4.99 Acres
Misc Inside Common Meeting Room/s, Private Restroom/s, Public Restroom/s
Misc Outside Courtyard, Patio
Other Adjusted Net Income - 0000, Annual Rent For Real Estate - 0000, Approx Land Sq Footage - 51233, Approx Total Bldg Sq Ft - 51233, Business Name (If Confidential, Leave Blank) - Royal Zanzibar Inc, Gross Profit - 00000, Gross Profit Year - 2013, Gross Sales Ann Year - 2013, Gross Sales Annual - 00000, Inventory Year - 2013, Net Operating Income Year - 2013, Net Profit - 0000, Sales Taxes - 000, Sales Taxes Year - 2013, Tax Year - 2013, Total Op Exp Year - 2013, Zoning Type - Indus
Outdoor Parking Over 100 Spaces
Ownership Type Corporation
POSSESSION Closing
Potential Use Industrial/Mfg
Property Offered For Sale Only
Property Type Bus / Bus w/Real Est
Real Estate Included? (Y/N) Yes
Sale Price Includes Building, Business, Land
Tenant Pays Common Area Maintenance, Electric, Heat, Insurance, Janitorial, Real Property Taxes, Repairs and Maintenance, Roof, Scavenger, Water/Sewer
Type Of Lease None
Unincorporated (Y/N) No
Utilities To Site Gas to Site, Sanitary Sewer to Site, Water-Municipal
Waterfront (Y/N) No
Listed by Gerard DuMelle of CENTURY 21 Affiliated 815-397-7700