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    2105 1st Avenue

    Rock Falls, IL 61071
    • $2,750,000
    • STATUS: Active
    • ON SITE: 153 days
    • MLS #: 11002297
    UPDATED: 171 min ago
    $2,750,000
    • 0
      BEDS
    • 5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    LOCATION !!LOCATION!! LOCATION!!! Located 1 miles from Interstate 88, this Rock Falls, Illinois hotel serves a daily continental breakfast and has an on-site restaurant. Each guest room is equipped with free Wi-Fi. This 75 units is a 2 story motel with indoor corridor. Renovations and improvements has already been completed in 2018 with no PIP upon transfer. Cable TV is included in every room. Guests can enjoy the convenience of an in-room microwave and fridge. An indoor pool and a fitness center and business center are also available. American Bar and Grill is located on site and serves traditional cuisine for lunch and dinner. Guests can relax with a cocktail or beer from the bar. Gaming Parlor is located on the premise for guests enjoyment The motel is sitting between Quad cities and NIU Dekalb Illinois. Big Banquet Hall rentals for weddings , parties and convention are available which adds to the total revenue of the motel Rock River Country Club can be reached in 7 minutes' drive. The Ronald Reagan Boyhood Home National Historic Site is 15 miles away.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-07-27T23:52:22.403 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    2105 1st Avenue Rock Falls, IL 61071

    • Price: $2,750,000
    • Status: Active
    • Updated: 171 min ago
    • MLS #: 11002297
    0
    Beds
    0
    Baths
    0
    ½ Baths
    5
    Acres
    Neighborhood:
    Rock Falls
    County:
    Whiteside
    Area:
    Rock Falls
    Property Description
    LOCATION !!LOCATION!! LOCATION!!! Located 1 miles from Interstate 88, this Rock Falls, Illinois hotel serves a daily continental breakfast and has an on-site restaurant. Each guest room is equipped with free Wi-Fi. This 75 units is a 2 story motel with indoor corridor. Renovations and improvements has already been completed in 2018 with no PIP upon transfer. Cable TV is included in every room. Guests can enjoy the convenience of an in-room microwave and fridge. An indoor pool and a fitness center and business center are also available. American Bar and Grill is located on site and serves traditional cuisine for lunch and dinner. Guests can relax with a cocktail or beer from the bar. Gaming Parlor is located on the premise for guests enjoyment The motel is sitting between Quad cities and NIU Dekalb Illinois. Big Banquet Hall rentals for weddings , parties and convention are available which adds to the total revenue of the motel Rock River Country Club can be reached in 7 minutes' drive. The Ronald Reagan Boyhood Home National Historic Site is 15 miles away.
    Exterior Features

    Approx Land Sq Footage 00 Construction Materials Concrete Frontage Type Frontage Road Location Commercial Business Park Parking Total 40

    Interior Features

    Cooling Central Air Heat Ventilation Central Bldg Heat

    Property Features

    Additional Parcels YN No Adj Net Income Year 2020 Adjusted Net Income 0000 Annual Rent For Real Estate 0000 Business Age 11+ Years Business Name Days Inn Business Type Hotel/Motel Corporate Limits Rock Falls Cost Of Goods Sold 0000 Cost Of Goods Year 2020 Current Use Commercial General Information 24-Hr Notice Required Gross Payroll 0000 Gross Payroll Year 2020 Gross Profit 0000 Gross Profit Year 2020 Gross Sales Ann Year 2020 Gross Sales Annual 0000 Inventory 0000 Inventory Year 2020 Known Encumbrances None Known Lot Size 5.0-5.99 Acres Lot Size Dimensions 00 Net Operating Income Year 2020 Net Profit 0000 Operating Expense 0 Ownership Type Corporation Ownership Type1 Corporation Possible Use Commercial Property Offered For Sale Only Real Estate Included YN Yes Sale Includes LandBuildingBusinessLicense/PermitTrade FixturesFranchise RightsPhone NumberBusiness Name Sales Taxes 0000 Sales Taxes Year 2020 Tax Annual Amount 62508 Tax Year 2019 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceOperating StopsTaxesInsuranceRepairsRoofScavengerStructureSewerGas Total Operating Expenses Year 2020 Type Bus / Bus W/Real Est Type Of Lease None Zoning Commr

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Berkshire Hathaway Homeservices Crosby Starck Real.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-07-27T23:52:22.403 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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