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Quality Inn Morton 115 E Ashland St 48 Room Hotel Morton, IL 61550 For Sale



INVESTMENT HIGHLIGHTS
- Long term business contracts with government lodging partners
- Loyal customers and local businesses
- Updated property with excellent hotel rating
EXECUTIVE SUMMARY
Situated in the heart of Morton, known as the Pumpkin Capital of the World, the hotel enjoys year-round demand from both leisure and corporate travelers. Morton is strategically located at the crossroads of Interstate 74 and Interstate 155, providing seamless access to major Central Illinois markets:
- Peoria – 10 minutes (regional hub for healthcare, education, sports, and the arts)
- Bloomington-Normal – 30 minutes
- Springfield – 50 minutes
- Chicago & St. Louis – 3 hours
The property is strategically positioned near key demand generators, including leading healthcare institutions such as OSF Saint Francis Medical Center and Carle Methodist Hospital. In addition, the hotel draws consistent corporate and business travel supported by the Nestlé/Libby’s pumpkin plant, Caterpillar’s manufacturing and distribution facilities, a robust base of agriculture technology industries, and proximity to Precision Planting’s headquarters. Property has multiple long term business contracts with government lodging partners.
- Peoria – 10 minutes (regional hub for healthcare, education, sports, and the arts)
- Bloomington-Normal – 30 minutes
- Springfield – 50 minutes
- Chicago & St. Louis – 3 hours
The property is strategically positioned near key demand generators, including leading healthcare institutions such as OSF Saint Francis Medical Center and Carle Methodist Hospital. In addition, the hotel draws consistent corporate and business travel supported by the Nestlé/Libby’s pumpkin plant, Caterpillar’s manufacturing and distribution facilities, a robust base of agriculture technology industries, and proximity to Precision Planting’s headquarters. Property has multiple long term business contracts with government lodging partners.
DATA ROOM Click Here to Access
- Market Information
PROPERTY FACTS
AMENITIES
- Business Center
- Controlled Access
- Fitness Center
- Wheelchair Accessible
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fiber Optic Internet
- Smoke Detector
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 48 | $70.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 06-06-17-201-004 | Improvements Assessment | $369,640 |
| Land Assessment | $142,320 | Total Assessment | $511,960 |
PROPERTY TAXES
Parcel Number
06-06-17-201-004
Land Assessment
$142,320
Improvements Assessment
$369,640
Total Assessment
$511,960
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Presented by
Kundaldham Llc
Quality Inn Morton | 115 E Ashland St
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