100 Room Motel & (7) Stores for sale / Sothwest Surburns of Chicago, Illinois

100 Room Hotel & (7) Stores
Southwest Suburbs of Chicago, Illinois
For Sale
1. Asking Price - $2,900,000
2. Income - $635,732
3. Operating Expenses - $251,150
4. Net Cash Flow - $364,582
5. Comments:
* Hotel Information (100 Rms / 90 used / 10 closed off), (Room Rates - $20 to $28 per night for single + $5 for guest), (28 Rms have bath & showers, $62 Rms have wash bowls only, bath & showers in hallway), (All Rms have Sinks, Phones, & TV), (Camera System – 2 cameras on each floor with digital system at front desk) *
* Parking – City lot next door - $2 per day - $100 per month *
* Lot Size – 65 x 150 *
* Building Size – 36,313 SF on (4) floors / 4th floor added in 1955 / Building built 1950 *
* Boiler information–1st to 3rd floor–2006 / 4th floor–2005 *
* Hot Water System – Good condition *
* Electric – Up dated with circuit breakers *

Information Deemed Reliable but not Warranted

FOR ADDITIONAL INFORMATION
CALL: DICK TOBIN
(847)301-3157
EMAIL: dick@dicktobin.com
Web Site: http://www.dicktobin.com/

(75) Room Motel For Sale / Chicago South Side

(75) Room Motel

Southside Chicago, Illinois

For Sale

1. Asking Price - $2,350,000

2. Income - $575,000

3. Operating Expenses - $269,200

4. Net Cash Flow - $305,800

5. Comments:

* Rooms - (15) King / (60) Full Size Beds / TV & Phones / Individual HVAC ( Electric) *

* Room Rates - Full Size - $40 for (10) hrs, $60 Overnight / King Size - $5 more than Full Size *
* Roof - (1/2) Newer (Rubber) / (1/2) 4/5 Yrs (Rubber) *

* Boiler - 10 Yrs *

* Hot Water Heaters (3) - 10 Yrs - Electric *

* Porches - Good Condition *

* Parking Lot - 6 Yrs *

* Plumbing - (1/2) Newer (Cost $150,000) / (1/2) 5/6 Yrs *

* Electrical - Updated *

Information Deemed Reliable but Warranted

FOR ADDITIONAL INFORMATON

Call Dick Tobin

(847)301-3157

Email: dick@dicktobin.com

Web Site: http://www.dicktobin.com/