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217 Marquette St
La Salle, IL 61301

$700,000 USD

Hotel For Sale  •  67,200 SF

Property Details

  • Property Type Hotel
  • Total Building Size 67,200 SF
  • Lot Size 1.24 AC
  • Building Class B
  • Year Built 1915
0 Transit Score
86 Walk Score

Highlights

Historic landmark eligible for 45% in tax credits
Dual-use potential: boutique hotel or workforce housing
Located in La Salle’s Downtown TIF District with added incentives
Steps from Starved Rock State Park and major highways
Projected levered IRR of 68% with $9.18M profit potential

Amenities

  • Balcony
  • Fitness Center
  • Pool
  • Restaurant
  • On-Site Retail
  • Patio
  • On-Site Bar
  • Meeting Event Space
Ryan Freed 773-355-3038 Lee & Associates
Ryan Freed 773-355-3038 Lee & Associates