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- LoopNet Team
1212 S Cicero Ave
Cicero, IL 60804
Shamrock Motel Cicero · Hospitality Property For Sale
·
12,160 SF
INVESTMENT HIGHLIGHTS
- 31-Room, Exterior Corridor, Independent Hotel
- Priced Below Replacement Cost at $48,226 Per Key
- Operational Upside for Prospective Hands-On Owner-Operator Investor
- Six Miles West of Downtown Chicago
- Well Positioned with Excellent Visibility from South Cicero Avenue
- Value-add Potential Available
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.23/1,000 SF |
| Lot Size | 0.28 AC | Corridor | Exterior |
| Building Size | 12,160 SF | ||
| Zoning | M-1 - Wholesale & Warehouse | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 12,160 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.23/1,000 SF |
| Corridor | Exterior |
| Zoning | M-1 - Wholesale & Warehouse |
ABOUT 1212 S CICERO AVE , CICERO, IL 60804
Property Overview: The Shamrock Motel Cicero is a 27-room, two-story hotel west of Chicago. The exterior corridor hotel, built in 1960, offers travelers a place to stay within the Chicago MSA. Amenities include a television with HBO subscription and air conditioning. Location Overview: Cicero, Illinois is a city located in Cook County in the northeastern region of the state, six miles west of Chicago. The Shamrock Motel Cicero is superbly positioned on Highway 50, near the interchange with Interstate 290. With the city's major employers and popular revenue generators near the property, this sought-after hotel benefits from many key industries of the city which include manufacturing, food services, and retail trade. Chicago Midway International Airport and Loyola University Medical Center, two of the city's largest employers located approximately five miles from the hotel respectively, are prime revenue drivers for the surrounding area. Revenue generators in the area, like North Riverside Park Mall (4.7 miles) and Brookfield Zoo (6.8 miles) help bring additional revenue to the hotel through an increase in transient business.
PROPERTY TAXES
| Parcel Number | 16-21-207-043-0000 | Improvements Assessment | $263,680 |
| Land Assessment | $51,850 | Total Assessment | $315,530 |
PROPERTY TAXES
