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Comfort Suites near I-80 and I-94 2235 173rd St 65 Room Hotel Lansing, IL 60438 $3,399,900 ($52,306/Room)
Executive Summary
Comfort Suites at 2235 173rd St, Lansing, IL 60438 presents a compelling hospitality investment opportunity in the South Chicagoland market.? Offered at $3,399,999, this 65-room hotel delivers an attractive price point of approximately $52,308 per key and $108.67 per square foot.? Situated on 1.29 acres, the property encompasses 31,287 square feet and offers investors a well-positioned, professionally branded lodging asset with strong regional accessibility.? Originally built in 1996 and renovated in 2013, the hotel features updated guest accommodations and inviting common areas designed to serve both business and leisure travelers.? Guest amenities include spacious suite-style rooms, a breakfast area, and an indoor pool, creating a comfortable stay experience that supports repeat business and steady occupancy.? The surrounding area benefits from a dense and established population base, with more than 225,000 residents within five miles and solid household income demographics.? This is an excellent opportunity to acquire a recognized flag in a proven lodging corridor with value-add potential and long-term upside in a high-demand suburban location.?
Property Facts
| Price | $3,399,900 | Building Size | 31,287 SF |
| Price Per Room | $52,306 | No. Rooms | 65 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1996/2013 |
| Property Subtype | Hotel | Parking Ratio | 1.82/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.29 AC | ||
| Zoning | B-2, Lansing - 3 | ||
| Price | $3,399,900 |
| Price Per Room | $52,306 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.29 AC |
| Building Size | 31,287 SF |
| No. Rooms | 65 |
| No. Stories | 3 |
| Year Built/Renovated | 1996/2013 |
| Parking Ratio | 1.82/1,000 SF |
| Corridor | Interior |
| Zoning | B-2, Lansing - 3 |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 65 | $140.00 | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 29-25-203-014-0000 | Improvements Assessment | $685,989 |
| Land Assessment | $42,296 | Total Assessment | $728,285 |
Property Taxes
Parcel Number
29-25-203-014-0000
Land Assessment
$42,296
Improvements Assessment
$685,989
Total Assessment
$728,285
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Comfort Suites near I-80 and I-94 | 2235 173rd St