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466 W 162nd St
South Holland, IL 60473
Starlite Motel · Hospitality Property For Sale
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38 Rooms


Executive Summary
NACRE is pleased to be the exclusive agent in connection with the solicitation of offers to acquire this motel.
Motel Room Revenue $650k Rooms 38. Manager apartment on side with 4 bedrooms and 2 bathrooms. Great location.
Property Tours:
Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.
Motel Room Revenue $650k Rooms 38. Manager apartment on side with 4 bedrooms and 2 bathrooms. Great location.
Property Tours:
Do not contact on-site staff. All property tours must be scheduled through the listing agent. Prospective purchasers are encouraged to visit the subject property prior to submitting offers.
Property Facts
| Sale Type | Investment | No. Rooms | 38 |
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1980 |
| Building Class | C | Parking Ratio | 2.18/1,000 SF |
| Lot Size | 0.68 AC | Corridor | Exterior |
| Building Size | 15,141 SF | ||
| Zoning | M-1 | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.68 AC |
| Building Size | 15,141 SF |
| No. Rooms | 38 |
| No. Stories | 1 |
| Year Built | 1980 |
| Parking Ratio | 2.18/1,000 SF |
| Corridor | Exterior |
| Zoning | M-1 |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 38 | $55.00 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $303,416 | |
| Land Assessment | $28,164 | Total Assessment | $331,580 |
Property Taxes
Parcel Numbers
Land Assessment
$28,164
Improvements Assessment
$303,416
Total Assessment
$331,580
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