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Sleep Inn near I-80 and I-94 2255 173rd St 69 Room Hotel Lansing, IL 60438 $3,399,900 ($49,274/Room)
Executive Summary
Discover an exceptional hospitality investment with the Sleep Inn located at 2255 173rd St, Lansing, IL 60438. This well-established, 4-story hotel features 69 rooms spread across a spacious 33,116-square-foot facility, situated on a 1.11-acre lot (48,352 SF) zoned B-2. Originally built in 1997 and thoughtfully renovated in 2014, the property boasts modern interior amenities, comfortable guest rooms, and dedicated breakfast dining spaces. Positioned in a strong market with a 5-mile population surrounding 225,939 and a healthy median household income exceeding $66,000, this asset represents a robust value-add or steady-income acquisition. Offers are currently being accepted; to review the complete offering memorandum and submit your proposal, inquire today with Silvestre Madrigal at Century 21 Commercial.
Property Facts
| Price | $3,399,900 | Building Size | 33,116 SF |
| Price Per Room | $49,274 | No. Rooms | 69 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 1997/2014 |
| Property Subtype | Hotel | Parking Ratio | 2.45/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 1.11 AC | ||
| Zoning | B-2 - B-2 | ||
| Price | $3,399,900 |
| Price Per Room | $49,274 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.11 AC |
| Building Size | 33,116 SF |
| No. Rooms | 69 |
| No. Stories | 4 |
| Year Built/Renovated | 1997/2014 |
| Parking Ratio | 2.45/1,000 SF |
| Corridor | Interior |
| Zoning | B-2 - B-2 |
Amenities
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 69 | $120.00 | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 29-25-203-013-0000 | Improvements Assessment | $539,681 |
| Land Assessment | $36,162 | Total Assessment | $575,843 |
Property Taxes
Parcel Number
29-25-203-013-0000
Land Assessment
$36,162
Improvements Assessment
$539,681
Total Assessment
$575,843
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Sleep Inn near I-80 and I-94 | 2255 173rd St
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