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500 Hamilton Blvd
Peoria, IL 61602 Downtown Peoria

Price Upon Request

Hotel For Sale  •  485,330 SF

Property Details

  • Property Type Hotel
  • Total Building Size 485,330 SF
  • Lot Size 2 AC
  • Building Class B
  • Year Built 1975
  • Tenancy Multiple
  • Zoning C
50 Transit Score
60 Walk Score

Highlights

Recently renovated/repositioned hotel with concrete & steel construction offered at an outstanding discount to replacement cost and the owner’s budget
Fee simple, non-union, and unencumbered of management
Premier convention hotel, well-complimented by a diverse amenity base and supplemental income streams
Significant and immediate financial upside (top and bottom-line performance), with an accretive TIF benefit in-place through 2031
Best-in-class Marriott affiliation with long-term license available
Unrivaled location in downtown Peoria

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Room Service
  • High Speed Internet Access
  • On-Site Bar
  • Convention Hotel
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Digital key

Public Transportation

AirportDriveWalkDistance
General Downing - Peoria International 15 min - 6.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 300
Type: Covered
Included in Rent: Yes