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1101 N Cummings Ln
Washington, IL 61571
Sleep Inn & Suites (Peoria MSA) · Hospitality Property For Sale
·
62 Rooms
PROPERTY FACTS
| Property Type | Hospitality | No. Rooms | 62 |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | B | Year Built | 2007 |
| Lot Size | 1.72 AC | Corridor | Interior |
| Building Size | 35,670 SF | ||
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.72 AC |
| Building Size | 35,670 SF |
| No. Rooms | 62 |
| No. Stories | 3 |
| Year Built | 2007 |
| Corridor | Interior |
| Zoning | Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Spa
ABOUT 1101 N CUMMINGS LN , WASHINGTON, IL 61571
Property Overview: The Sleep Inn & Suites Washington is a 62-room, three-story, hotel built in 2007. Well-equipped with numerous common area and guest room amenities, this limited-service mid-scale hotel offers spacious guest rooms that come furnished with a microwave, refrigerator, work desk, lounge chair, and a flat-screen television with cable channels. Some splendid common area amenities the hotel has to offer consist of an indoor pool and spa tub, fitness center, business center, laundry facilities, and on-site bicycle rentals, hiking trails, and spa services. Location Overview: Washington, Illinois is a city located in Tazewell County in the central region of the state, 75 miles north of Springfield and 150 miles southeast of Chicago. The Sleep Inn & Suites Washington is superbly positioned on North Cummings Lane, near Cruger Road and Highway 24. With the city’s major employers and popular revenue generators in close proximity to the property, this sought after hotel benefits from many key industries of the town which include manufacturing, healthcare and social assistance, and retail trade. Wal-Mart Supercenter and BTD Manufacturing, two of the city’s largest corporate employers located approximately 1.9 and two miles from the hotel respectively, are prime revenue drivers for the surrounding area. Other major employers that are responsible for a significant portion of the work force include Illinois Valley Plastics (0.7 miles), Washington Christian Village (2.2 miles), and the Caterpillar Peoria Proving Ground (5.8 miles). Revenue generators in the area, like OSF Saint Clare Family Health Center (0.6 miles) and Illinois Central College East Peoria Campus (3.6 miles) help bring additional revenue to the hotel through an increase in transient business. Extra demand drivers for the city include Plaza Lanes Family Entertainment Center (1.5 miles), Par-A-Dice Casino (7.9 miles), and Peoria Zoo (8.7 miles).
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 15 | $119.00 | - |
| Guest Room | 47 | $94.00 | - |
PROPERTY TAXES
| Parcel Number | 02-02-15-101-090 | Improvements Assessment | $529,780 |
| Land Assessment | $105,460 | Total Assessment | $635,240 |
PROPERTY TAXES
