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Katie Inn 118 E Court St 43 Room Hotel Paris, IL 61944 $160,000 ($3,721/Room)

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Executive Summary

Former 43-Unit Hotel Building – Owner Sale
Former 4-story hotel building located in Paris, Illinois.
Approx. 26,000 SF brick structure with large parking lot.
Building is structurally solid and was previously operated as a hotel.
Property is currently closed and sold strictly AS-IS.
Requires interior updates and reopening preparation.
Suitable for hotel use, apartments, housing conversion or redevelopment.
Price: $160,000
Limited-time offering — this price is valid for 30 days only.
After that, property may be withdrawn from the market.
Direct owner sale.
Proof of funds required prior to property access.

Property Facts

Price $160,000
Price Per Room $3,721
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 -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 09-18-01-401-010
  • 09-18-01-401-041
  • 09-18-01-401-011
Land Assessment
$19,530
Improvements Assessment
$42,170
Total Assessment
$61,700
  • Listing ID: 35621698

  • Date on Market: 4/24/2025

  • Last Updated:

  • Address: 118 E Court St, Paris, IL 61944

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