2881 Touhy Ave | Elk Grove Village, IL 60007
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- LoopNet Team
2881 Touhy Ave
Elk Grove Village, IL 60007
Motel 6 Elk Grove Village - O'Hare · Hospitality Property For Sale
·
51,000 SF
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 | Building Size | 51,000 SF |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1987/2020 |
| Lot Size | 2.48 AC | Corridor | Interior |
| Zoning | N/Av | ||
| 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
PROPERTY TAXES
| Parcel Number | 08-36-100-012-0000 | Improvements Assessment | $516,370 |
| Land Assessment | $358,381 | Total Assessment | $874,751 |
PROPERTY TAXES
Parcel Number
08-36-100-012-0000
Land Assessment
$358,381
Improvements Assessment
$516,370
Total Assessment
$874,751
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