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Katie Inn 118 E Court St 43 Room Hotel Paris, IL 61944 $275,000 ($6,395/Room)
Executive Summary
Former 43-room hotel building located in downtown Paris, Illinois.
The property is NOT operating and is being sold strictly AS-IS.
No representations regarding current or future use.
This is a redevelopment / value-add opportunity for a cash buyer.
Buyer may choose to reopen as a hotel or pursue alternative uses,
subject to buyer’s own due diligence, zoning, and approvals.
Large on-site surface parking lot with approximately 59 spaces.
Cash buyers only.
Proof of Funds required with offer.
No seller financing.
No contingencies preferred.
Property is sold as a building only, not as an operating business.
The property is NOT operating and is being sold strictly AS-IS.
No representations regarding current or future use.
This is a redevelopment / value-add opportunity for a cash buyer.
Buyer may choose to reopen as a hotel or pursue alternative uses,
subject to buyer’s own due diligence, zoning, and approvals.
Large on-site surface parking lot with approximately 59 spaces.
Cash buyers only.
Proof of Funds required with offer.
No seller financing.
No contingencies preferred.
Property is sold as a building only, not as an operating business.
Property Facts
| Price | $275,000 | Building Size | 21,500 SF |
| Price Per Room | $6,395 | No. Rooms | 43 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 1924/2024 |
| Property Subtype | Hotel | Parking Ratio | 2.74/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 0.37 AC | ||
| Zoning | Com - commercial | ||
| Price | $275,000 |
| Price Per Room | $6,395 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 21,500 SF |
| No. Rooms | 43 |
| No. Stories | 4 |
| Year Built/Renovated | 1924/2024 |
| Parking Ratio | 2.74/1,000 SF |
| Corridor | Interior |
| Zoning | Com - commercial |
Amenities
- Wheelchair Accessible
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 43 | $63.00 | - |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $42,170 | |
| Land Assessment | $19,530 | Total Assessment | $61,700 |
Property Taxes
Parcel Numbers
Land Assessment
$19,530
Improvements Assessment
$42,170
Total Assessment
$61,700
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Videos
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Photos
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Presented by
UPSOOS COMMUNICATION LLC
Katie Inn | 118 E Court St
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