29 Results

Illinois Hotels and Motels for Sale

BizQuest has more Illinois Hotel and Motel for sale listings than any other source. Whether you are looking to buy a Illinois Hotel and Motel for sale or sell your Illinois Hotel and Motel, BizQuest is the Internet's leading Illinois Hotel and Motel for sale marketplace. Refine your search by location, industry or asking price using the filters below.

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State: Illinois Industry Segment: Hotels and Motels Clear all
Contact Broker View all IL Brokers James McNeela - Illinois Business BrokerIL
14 Listings
SourceWorks offers our clients a respectful, focused, and professional approach to acquiring or selling a business. We have expertise in Healthcare, Technology and Manufacturing. The bulk of our success has come from helping buyers and sellers transition into and out of these growth industries. Why select SourceWorks? Each business situation is unique. Therefore we apply our experience, market knowledge and broker network to our client's advantage. We are extremely confidential and we are proficient at what we do. We are paid on success. We have no marketing, listing or registration fees of any kind. We are licensed Business Brokers and members of the International Business Broker Association (IBBA) and as such, follow a strict code of conduct
$27,000,000
Cash Flow: $2,289,000 
DuPage Co., IL 
Newly Renovated, EB-5 Exemplar Approved, Brand Name Hotel Ideal for EB-5 clients looking for a Pathway to the USA

Attention Immigration Attorneys, International Brokers, EB-5 and Accredited Investors. We represent a rare Real Estate/Business Opportunity for passive investors and ideal for EB-5 clients looking for a pathway to the USA. This fully completed, Top Brand Hotel is EB-5 exemplar approved allowing for immediate investment. The project has all of the approvals in place which meet the EB-5 eligibility and job creation requirements. An overseas family, company or other organization would be approved for up to 15 visas and can capitalize on $7.5 million of EB-5 credit ($500,000 per person) before the increase to $1,350,000 comes along. The US Citizenship Integration Services policies are changing More info

$1,100,000
Will Co., IL 
A Beautiful Motel With Great Potential BEAUTIFUL MOTEL FOR SALE IN CHICAGO LAND

This is a beautiful Motel of its own kind with a beautiful owner living private residence with extra commercial land with the potential of expanding the motel or bring a new flag hotel or build a multifamily residence. This motel is equally good for a family operation as is with the facility of residence or an investor for short term income and long term establishment of a bigger project. just minutes away from the highway and located at a very prominent and desirable area of southwestern suburbs of Chicago. More info

$144,500
Saint Elmo, IL 
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17 Rooms Plus A Closed Restaurant

Illiana Properties is excited to bring to market this attractive, small motel. This property has seventeen rooms, which includes a two bedroom suite with kitchenette. The manager’s apartment is spacious and modern with an alley kitchen, two bedrooms and one bath. This property is approximately 1/2 mile north of I-70 and benefits from highway information signs. Also, on the one acre parcel, is a building that previously housed a bar/restaurant. It is a little over 1,300 sq. ft. and could easily be brought back to life for additional income or amenities for the guests. St. Elmo has a diverse employer base that includes manufacturing, agriculture and oil. This opportunity represents a nice More info

$6,800,000
Cook Co., IL 
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Flagged Hotel for sale

Flagged property doing 2.0 room revenue and great location . Just renovated the property and spend 1.5 m on renovation . Beautiful property and great location . Right off interstate . 25 Min From Downtown Chicago. Absentee owner . 100 room property . Wont last long Call AJ 916-995-0783 for more information . More info

$799,000
Cass Co., IL 
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Flaged motel for sale

Flagged motel for sale doing 395,000 revenue . 40 room property . 2 room manager apartment . Swimming pool . Great location . Bank loan approved with 15 % down payment . No Pip. Call AJ 9169950783 or Bill Cash 309- 642- 9243  for  more  information  . More info

$599,000
St. Clair Co., IL 
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Interstate commercial land for sale

Interstate commercial land ideal for hotel development . Call AJ 916-995-0783 for more information More info

$723,900
Newton, IL 
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Bed and Breakfast

Illiana Properties is excited to bring this unique offering to market. The owners started this business in 2004, and are finally ready to retire.This property consists of approximately 12 acres and 4 buildings. It has been maintained extremely well and the grounds are impeccable. Building #1 is the house/office. Currently, the owners occupy this space and use their kitchen to prepare meals for the guests and the front room is the office for check in. A new owner could explore some other options with this building. It is a 3-bedroom, 2 bath, 2 story home. Building #2 and #3 are practically identical cabins and each building has 950 sq. ft. Building #4 is a two-story building with 4 More info

$60,000
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Stumpy's Hatchet House Featured Franchise

STUMPY's Hatchet House offers an alternative form of recreation. Primitive and organic, this sport suits those who love adventure and those who seek a release and fun. More info

$6,500,000
Cook Co., IL 
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Flagged hotel for sale

Flagged 108 rooms property . Zero PIP . Great location . Interstate property . Revenue 2.0 m . High NOI. Call AJ 916-995-0783 or Bill Cash 309- 642- 9243 More info

$5,399,000
McLean Co., IL 
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Flaged Hotel for sale

Flagged Hotel for sale doing 1.6 room revenue and 70 rooms . 2001 built . NO PIP. ADR $ 78 . High cap rate and High NOI . Call Broker Bill Cash 309- 642- 9243 or AJ 916-995-0783 for more information . for complete information. More info

$250,000
Peoria Co., IL 
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hotel development site for sale

Comfort suites development for sale . 69 rooms hotel . 2 acres . Total cost 5.9 .City approval , Blueprints done , Engineering and loan Approved. My client is sick and cant start the construction . Everything done . Hotel projection is 1.6 m first year . Grab the deal and build ur brand new interstate hotel . Call Broker AJ 916-995-0783 for complete information. More info

$2,400,000
Adams Co., IL 
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Flagged Hotel for sale

Flagged hotel doing 800,000 revenue and absentee owner . No PIP . great location .Call AJ 916-995-0783 for more information . More info

$6,995,000
Lake Co., IL 
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Flagged hotel for sale

Flagged hotel doing 2.1 m room revenue and 90 rooms . new property with no PIP. Great location and easy to manage. Bank financing approved .Call AJ 916-995-0783 for more information . More info

$150,000
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Flannel Jax Featured Franchise

FlannelJax’s offers a variety of competitive social games designed to let you throw down with a group of any size. Axe Throwing is the main attraction, but we offer a number of additional activities your guests will love. More info

$325,000
Mason Co., IL 
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Independent motel for sale

Independent 23 room motel doing 170,000 revenue and 1 manager apartment and 2 other apartment rented for 2,200 per month . .Very low property tax . No pip no expenses . new roof . Call AJ 916-995-0783 or Bill Cash 309- 642- 9243 for more information . More info

$3,475,000
Morgan Co., IL 
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Flagged Hotel for sale

Flagged hotel for sale doing 1.2 m room revenue . No PIP. 70 rooms property . 3 store building . Interstate property . Bank financing available Call Broker AJ 916-995-0783 or Bill Cash 309- 642- 9243 for complete information. More info

$3,500,000
McLean Co., IL 
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Flagged Hotel for sale

Flagged hotel doing 1.1 m room revenue . Great interstate location . 63 rooms . 1.5 acre land size. NO PIP . Call AJ 916-995-0783 or Bill Cash 309- 642- 9243 for more information . More info

$2,300,000
McLean Co., IL 
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Flagged Hotel for sale

Flagged motel doing 700,000 revenue . 3 story property pool , minimum PIP . Call AJ 916-995-0783 or Bill Cash 309- 642- 9243 for more information . More info

$5,490,000
McLean Co., IL 
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Two Flagged hotels for sale

Flagged motel doing 70,0000 revenue . 3 story property pool , minimum PIP .Flagged hotel doing 1.1 m room revenue . Great interstate location .63 rooms . 1.5 acre land size. NO PIP . Call AJ 916-995-0783 or Bill Cash 309- 642- 9243 for more information . More info

$100,000
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Blue Ox Axe Throwing Featured Franchise

Blue Ox Axe Throwing has raised the bar in all things hatchet and is working with entrepreneurs seeking a franchise to sink their teeth (or axe) into. More info

$2,300,000
Henry Co., IL 
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Interstate Hotel for sale

Flagged hotel for sale doing 775,000 revenue . 60 Rooms property . Located on a major interstate .Absentee owner. No major pip . Bank financing available . No competition. Great location . Call AJ 9169950783 or Bill Cash 309- 642- 9243 . More info

$9,200,000
DuPage Co., IL 
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Flagged Hotel for sale

Flagged hotel for sale doing Revenue 3.6 m room revenue and 160 rooms . Great property and absentee owner . Call AJ 916-995-0783 or Bill Cash 309- 642- 9243 for more information More info

$6,600,000
Cook Co., IL 
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Flagged motel for sale

Flagged 100 plus room interstate property doing 2.0 m room revenue and very less operating expenses and less franchise fees. NO PIP . Call AJ 916-995-0783 OR Bill Cash 309- 642- 9243 for more information for more information. More info

$990,000
Woodford Co., IL 
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Motel for sale

Flagged 43 Rooms , Interstate property . Room revenue 375,000 . Absentee owner . Call AJ 916-995-0783 or Bill Cash 309- 642- 9243 for more information. More info

$27,000,000
Cash Flow: $2,289,000 
DuPage Co., IL 
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Newly Renovated, Brand Name Hotel in Chicago

We represent a rare passive investment opportunity in an affluent Chicago suburb. This fully completed, top brand name hotel has been fully renovated to the fine standards of a luxury hotel. Improvements include business meeting rooms, luxurious accommodations and a very large banquet hall which can seat 250 people. The renovation was completed in 2018 and the Hotel is fully operational with a top-rated management company in place. A new owner or group will see healthy returns on their passive investment. This 120+ room hotel is on pace to have sales of $6,150,000 with earnings $2,289,000. Detailed financials are available for qualified candidates only. Please ask for listing #14114 when More info

$300,000
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PickUp USA Fitness Featured Franchise

PickUp USA Fitness clubs are full-service, basketball-focused gyms, offering pickup basketball games with referees, basketball training, cardio/weight rooms & much more! More info

$17,500,000
Cook Co., IL 
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135+ room franchise hotel and banquet in Chicago plus strip mall

Property Description : Full Service Hotel With A Stand Alone Leased Restaurant & Strip Mall. Number Of Rooms : 149 Total Land : 10 Acres Approx. Total Building : 162,869 SF Year Built : October 1989 Facilities : Breakfast Lounge, Banquet Hall, Arcade Games Area, Meeting Rooms, Fitness Center, Business Center, Indoor Pool Last Renovation PIP Upgrade : They completed $2M+ PIP in 2015, 16 & 17. Also, another $500K for 22000 sq.ft. banquet hall upgrades that was not part of the PIP. Cap Rate : 8.86% Occupancy : 39.4% As of December 2017. Price Per Key : $117,450 GRM : 3.4 More info

$7,500,000
Kankakee Co., IL 
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100+ Room Franchise Hotel $2.6MM total revenue

• Property Description : Full Service Hotel w/ Banquet• Number Of Rooms : 110 (85 active but 25 rooms need updating)• Year Built : 2001• Facilities : Breakfast Lounge, Fitness, Business Center, Pool, On Site Bar & Grill, 10000 sqft of Banquet Facilities etc.• Cap Rate : 9.22%• Occupancy : 50.1% Trailing 12 December 2017• Price Per Key : $68,181• ADR: $68• GRM : 2.8• 2018 Room Revenue: $911,000• 2018 Food & Beverage Revenue $1,600,000• 2018 Total Revenue (inc. gaming) $2,677,000 More info

$1,100,000
Henry Co., IL 
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Extremely Nice and Well Maintained Hotel

Extremely NICE and WELL maintained 35 plus room franchised hotel property($29000 per key). No where in this area will you find as nice of a property for this PRICE!!! New roof, room Heating/AC units, case goods, bedding, etc... PIP completed in 2018 as well as appraisal for $1.1M. Hotel is located NW of Peoria, Illinois and SE of Moline, Illinois. Real estate taxes for 2018: $18k. Contact Brian (309-219-1200) or Jeff (309-208-9414) to discuss. More info

$3,400,000
Rock Island Co., IL 
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Well Maintained & Profitable Flagged Hotel

CURRENT LOAN IS ASSUMABLE @ 4% THRU CURRENT LENDER. Well maintained & Profitable 60 plus room hotel property located in the Quad City(Illinois) area. 2017 sales were $$1.275M. Updated PIP in 2013-2014 to new specs for Choice Hotels. New Sign package to be installed in coming weeks along with new wireless room entry system. Indoor pool with hot tub, fitness room, business center, Free Wi-Fi, Hot breakfast, microwave/fridge combo in each room, premium bedding, updated flat screen tv’s. Two(2) floor property with elevator. Excellent online reviews. Conveniently located to shopping, dining & airport. Contact Brian Barkley(American Business Brokers) for further details @ 309-219-1200(mobile) More info

$135,000
Carroll Co., IL 
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Cute! 9 Room Motel - Living Quarters

This place is a SUPER CUTE, nine room motel. It has been in the same family for many years. There are minor upgrades a buyer can do, however, the place is in very good condition. There is a private parking area for the guests. All rooms have a fridge and microwave. The furniture, mattresses, and window coverings are in good condition. There is a really nice, 2 bedroom living quarters. With this motel located within 40 minutes of Galena, Illinois, you will have a blast filling up your rooms with a little advertising. This is just perfect for a retired couple. Located on a very busy road. The seller will train you how everything works for up to 10 days if needed. This place will More info

$10,995
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Cruise Planners, An American Express Travel Rep Featured Franchise

For more than 20 years, Cruise Planners, an American Express Travel Representative, has been a low-cost franchise opportunity that can yield high returns! More info

$670,000
Peoria, IL 
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32 Room Motel - Central Illinois

This 32 room motel is located in Central Illinois and has had the same owner for about 20 years. The owner just wants to retire. This motel has had many updates. The roof was $57,000 and is about 7 years old. The water softener about two years old and was $11,000. New gutters and soffit. New fire alarm system that was about $15,000. Newer plumbing that is about 7 years old. All the heating and cooling units are about 7 years old. About 20 rooms have new carpet. Hot water heater about 4 years old and it was $7000. Another two tankless hot water heaters were $7000. This place sits on a huge lot and on a very busy road. It is located in a very safe area. Plenty of parking. There More info

$525,000
Springfield, IL 
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36 Unit Independent Hotel Property, Manager Apartment

36 Unit exterior corridor hotel property in Springfield IL. Mainly weekly rentals and mainly cash payers. One bedroom managers apartment. 9 singles. 8 single efficiency rooms, 7 double rooms, 10 king rooms and 2 full size apartment rooms. Updated electric. Roof less than 10 years old. Same absentee owner since 1960 and is now retiring. Consistent revenues every year for the last 4 years. Located on a busy street in town. They rent rooms by the day, week or month. Owner might consider financing the sale with $100,000 down payment. More info