This Hospitality Property is no longer advertised on LoopNet.com.

2881 Touhy Ave
Elk Grove Village, IL 60007
 Motel 6 Elk Grove Village - O'Hare · Hospitality Property For Sale · 51,000 SF

Hotels Illinois Elk Grove Village 2881 Touhy Ave, Elk Grove Village, IL 60007

INVESTMENT HIGHLIGHTS

  • Revenue: $1.79M (2019), $1.36M (2020 – Covid Impact), $1.86M (2021), $2.21M (2022), $2.20M (T12 March 2023)
  • ADR: $51 (2019), $44 (2020), $50 (2021), $60 (2022)
  • Acquisition Highlights: Purchase Price: $9.94M, Cash Down (30%): $2.98M, Proforma revenue 2023 $2.3M and EBITAD $980K:
  • Occupancy: 80%, (2019), 69% (2020), 84% (2021), 84% (2022)
  • Operating Income (EBITAD): $623K (2019), $457K (2020), $885K (2021), $976K (2022)

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.48 AC
Building Size 51,000 SF
No. Stories 3
Year Built/Renovated 1987/2020
Corridor Interior
Zoning N/Av

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

LINKS

PROPERTY TAXES

Parcel Number 08-36-100-012-0000 Improvements Assessment $516,370
Land Assessment $358,381 Total Assessment $874,751
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  • Listing ID: 28428642

  • Date on Market: 5/8/2023

  • Last Updated:

  • Address: 2881 Touhy Ave, Elk Grove Village, IL 60007

More public record information on 2881 Touhy Ave, Elk Grove Village, IL 60007

The Hospitality Property at 2881 Touhy Ave, Elk Grove Village, IL 60007 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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