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101 E Ashland St
Morton, IL 61550
Days Inn by Wyndham Morton · Hospitality Property For Sale · 18,284 SF

Investment Highlights

  • New Paint Exterior and Interior
  • New RFID lock in all room
  • New Manager Office
  • New 55 inch TV in all room
  • New Manager Apartment onsite
  • New Ice Machine, New Guest Laundry, New Vending Machine

Property Facts

Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 1.61 AC
Building Size 18,284 SF
No. Stories 2
Year Built/Renovated 1999/2023
Parking Ratio 4.1/1,000 SF
Corridor Interior
Zoning B3 - Hotel

Amenities

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

About 101 E ASHLAND ST , MORTON, IL 61550

INVESTMENT HIGHLIGHTS Morton is located at the intersection of Interstates I-74 and I-155, with easy access to major cities and the Illinois state capital. This prime location — just 10 minutes from Peoria, 30 minutes from Bloomington-Normal, 50 minutes from Springfield and three hours from Chicago and St. Louis — gives Morton the benefits of city living without the inconveniences. Peoria, a city of 100,000, offers major shopping centers, specialized medical care, and access to fine arts presentations, professional sports events and higher education opportunities. Two airports serve Morton. Just 12 miles away is the Wayne H. Downing Peoria International Airport, with flights daily to faraway places, with jet and turboprop commuter service, and car rental services. In nearby Bloomington-Normal are the Central Illinois Regional Airport and the Amtrak Railroad Station. Hotel is centrally located off I-74 Exit 102 Near Peoria, offering convenient access to major demand generators including OSF Saint Francis Medical Center, UnityPoint Heal. As the ideal place for Autumn tourism and visitors, Morton is known as the Pumpkin Capital of the World because 85% of the world's canned pumpkin is packed in the Nestles/Libby's plant located in the center of our Village. Additional demand supported by corporate travelers, medical professionals, and visitors tied to local manufacturing and agricultural industries. The hotel features a mix of interior and exterior corridor rooms and includes a complimentary breakfast, a fitness center, business center, meeting. Property draws consistent business from Bradley University, Peoria Civic Center, and leisure attractions such as the Peoria Riverfront and Dozer Park. The hotel has demonstrated consistent performance supported by a diverse demand base across corporate, medical, education, and leisure segments. Peoria is the largest metropolitan area in Central Illinois and serves as a regional healthcare and business hub, with strong long-term fundamentals.

Property Taxes

Property Taxes

Parcel Number
06-06-17-201-013
Land Assessment
$129,820
Improvements Assessment
$335,270
Total Assessment
$465,090
  • Listing ID: 36100063

  • Date on Market: 6/3/2025

  • Last Updated:

  • Address: 101 E Ashland St, Morton, IL 61550

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