Address
200 Linden Avenue Rantoul, IL
Price
$ 3,600,000
Property Attributes
- MLS#09485542
- TypeBusiness Op
- CountyCHAMPAIGN
- CityRantoul
- AreaDewey - Fisher - Flatville - Foosland - Gifford -
- Zip61866
- StyleHotel or Motel
- Taxes31598
- Price$ 3,600,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage91440
- Lot Size2.09 Acres
Listing Provided Courtesy Of:
REALTY 2000,INC
Property Description
3 STORY MOTEL WITH ELEVATOR, 198 ROOMS OR WHICH 32 ARE KINGS, 6 ARE QUEENS AND 159 ARE FULL'S. ROOMS HAVE REFRIGERATORS, MICROWAVES AND TELEVISIONS, TWO BUILDINGS, ELEVATOR IN EACH, WITH 98 ROOMS IN THE FRONT BUILDING AND 100 IN THE REAR BUILDING, THE REAR BUILDING HAS PTAC UNITS WHICH ARE APPROXIMATELY 7 YEARS OLD, THE FRONT BUILDING HAS WINDOW AC UNITS AS THE CENTRAL AC IS NOT FUNCTIONING AT THIS TIME AND CENTRAL HEATING SYSTEM MOTEL INCLUDES TWO CONFERENCE ROOMS WITH TWO VENDING AREAS IN EACH BUILDING. ATTACHED WALKWAY BETWEEN BUILDINGS WHICH CONTAINS AN IN DOOR POOL AS WELL AS OUTDOOR POOL. LARGE PARKING LOT WEST OF THE BUILDINGS AS WELL AS SEVERAL BY FRONT ENTRANCE..FACILITY HAS ALSO BEEN UTILIZED AS UNIVERSITY OF ILLINOIS FOOTBALL TRAINING CAMP FOR SEVERAL YEARS AS WELL AS NUMEROUS SOCCER TEAM AND HIGH SCHOOL FOOTBALL EVENTS..FOOTBALL AND SOCCER FIELDS JUST NORTH OF THE MOTEL..FULL SCALE BANQUET FACILITIES JUST WEST OF THE MOTEL IN THE LINDEN BANQUET CENTER. (FORMER CHANUTE AFB OFFICER'S CLUB) AND OWNED BY ANOTHER INDIVIDUAL BUT VERY COOPERATIVE WITH LARGE GROUPS OF EVENT DINING.. OCCUPANCY RATES SHOULD MUSHROOM WITH THE CONSTRUCTION OF THE NEW OUTDOOR SPORTS COMPLEX TO BE COMPLETED IN 2021 ON THE WEST SIDE OF RANTOUL.. AND THE ACTIVATION OF A TEST VEHICLE TRACK BY THE UNIVERSITY OF ILLINOIS IN THE VERY NEAR FUTURE HIGHLY MOTIVATED SELLER !!!
| Price History | |
|---|---|
| 1/25/2017 | Listed $3,600,000 |
General Features
| Financing Options | Conventional |
|---|---|
| Location | Corner |
| Ownership Type | Corporation |
| Status | Active |
| Tax Year | 2019 |
| Taxes | 31598. |
| Waterfront | No |
| Zoning | COMMR |
Interior Features
| Air Conditioning | Central Air, Central Individual |
|---|---|
| Corporate Limits | Rantoul |
| Cost Of Goods Year | 2016 |
| Living Quarters | Possible |
| Total Stories | 3 |
| Utilities | Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Municipal, Water to Site |
Exterior Features
| Ann Rnt Expense Source | Owner Projection |
|---|---|
| Building Area Total | 91440 |
| Frontage/Access | City Street |
| Lot Dimensions | 395 X 518 |
| Lot Size Area | 4.0-4.99 Acres |
| Lot Sq Ft | 204610 |
| Number of Parking Spaces | 250 |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| Dining Room | ||||
| Family Room | ||||
| Living Room | ||||
| Master Bedroom |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 61866
Price
Taxes
Visits
Walkscore
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than The Nate Evans Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer
