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5300 W Landens Way
Peoria, IL 61615 North Peoria

$8,750,000 USD

Hotel For Sale • 44,538 SF

Property Details

Property Type Hotel
Total Building Size 44,538 SF
Lot Size 1.75 AC
Building Class B
Year Built 2007
Zoning C-1

30 Transit Score

40 Walk Score

                
                    Highlights
                
                                RECENTLY FULLY RENOVATED, THREE-STORY, 83-ROOM CANDLEWOOD SUITES WITH LONG TERM LICENSED ANTICIPATED. 
                            
                                IDEALLY POSITIONED IN THE NORTH SIDE OF PEORIA, LOCATED ADJACENT TO THE SHOPPES AT GRAND PRAIRIE, CONVENIENT ACCESS TO WAR MEMORIA DRIVE AND I-74
                            
                                MAJOR DEMAND DRIVERS INCLUDE:  OSF HEALTHCARE, KOMATSU AMERICA CORP, MAUI JIM, LIBERTY STEEL & WIRE, AMONGST OTHERS 
                            
                                CONVENIENTLY LOCATED NEAR THE LOUISVILLE SLUGGER SPORTS COMPLEX; ATTRACTING 500,000+ VISITORS ANNUALLY ACROSS 100+ YEAR-ROUND EVENTS
                            
                                MOST RECENTLY RENOVATED EXTENDED-STAY GUEST ROOM PRODUCT ACROSS PEORIA, ENABLING THE ASSET TO CAPTURE HIGHER-RATED EXTENDED-STAY DEMAND
                            
                                AS OF TTM JUNE 2026, THE PROPERTY ACHIEVED AN $85 REVPAR , RESULTING IN A 15 PERCENT INCREASE COMPARED TO THE SAME TIME LAST YEAR

Amenities

Business Center
Fitness Center
High Speed Internet Access
Patio
Public Access Wifi
Smoke-Free
Fully-Equipped Kitchen

Public Transportation

Airport	Drive	Walk	Distance
General Downing - Peoria International	15 min	-	9.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	100
Type:	Surface
Included in Rent:	Yes

Scott Miller 815-543-9448 CBRE, Inc.

5300 W Landens Way Peoria, IL 61615 North Peoria