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15941 Wood St
Harvey, IL 60426
Beacon Motel · Hospitality Property For Sale
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5,425 SF
Investment Highlights
- Value-add opportunity for new ownership through renovations and hands-on management.
- The Beacon Motel brought in near $200,000 gross income in the first nine months of 2021.
- Surrounded by a wealth of local amenities with a variety of retail and restaurant options nearby.
- Well-located on the corner of S Wood St and W 160th St with excellent visibility to over 7,500 vehicles passing by.
- Easy accessibility with I-294 just one mile away and about 30 minutes south of Downtown Chicago.
Property Facts
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1956 |
| Building Class | C | Parking Ratio | 2.95/1,000 SF |
| Lot Size | 0.69 AC | Corridor | Exterior |
| Building Size | 5,425 SF | ||
| Zoning | HC | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 5,425 SF |
| No. Stories | 1 |
| Year Built | 1956 |
| Parking Ratio | 2.95/1,000 SF |
| Corridor | Exterior |
| Zoning | HC |
Amenities
- Public Access Wifi
Property Taxes
| Parcel Numbers | Improvements Assessment | $73,913 | |
| Land Assessment | $22,338 | Total Assessment | $96,251 |
Property Taxes
Parcel Numbers
Land Assessment
$22,338
Improvements Assessment
$73,913
Total Assessment
$96,251
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