Limited-Service Hotel with Ample
12340 S Cicero Ave Alsip, IL 60803
12340 S Cicero Ave, Alsip, IL, 60803
Contact for pricing
For Sale
Contact for pricing
Pending
Two-story Red Roof Inn offers 60 rooms, plus laundry facilities and ample parking for buses or trucks.
Days on Market102
Property Features for 12340 S Cicero Ave
General Information
- Standard status
- Pending
- Property subtype
- Hospitality
Listing agency
Marcus & Millichap - Chicago Oak Brook
Listed by
Ebrahim Valliani · License #IL 475.166215
Source
Crexi
Added: Apr 12 Updated: Jul 22 at 3:04AM Checked: Jul 22 at 3:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Chicago Oak Brook
Investment Insights
Based on property information with market context.
Red Roof Inn Chicago Alsip is a two-story, limited-service hotel offering 60 rooms. The property includes a laundry facility and ample parking sized to accommodate buses or trucks, supporting both guest stays and group arrivals.
The hotel is located at 12340 S Cicero Avenue in Alsip, Illinois, just off Interstate 294, providing straightforward regional access. The area’s proximity to major highways and Midway International Airport supports travel convenience.
For the trailing twelve-month period ending August 2023, the hotel reported room revenues of over $1.4 million and net operating income just over $444,500, representing 32% of total revenues after a 4% capital replacement reserve.
The hotel is located at 12340 S Cicero Avenue in Alsip, Illinois, just off Interstate 294, providing straightforward regional access. The area’s proximity to major highways and Midway International Airport supports travel convenience.
For the trailing twelve-month period ending August 2023, the hotel reported room revenues of over $1.4 million and net operating income just over $444,500, representing 32% of total revenues after a 4% capital replacement reserve.
Key Highlights
- Red Roof Inn Chicago Alsip: Choice Hotels‑branded 60‑room, two‑story hotel
- 12340 S Cicero Avenue, Alsip, IL—just off Interstate 294
- Trailing twelve months ending August 2023: room revenues over $1.4M
Property Analytics
Location Intelligence
Current Use by Public Records
Red Roof Inn ...
Hotel & Motel
Similar For Sale Nearby
FAQs
What type of property is this?
Hotel - Two-story Red Roof Inn offers 60 rooms, plus laundry facilities and ample parking for buses or trucks.
Where is this hotel located?
The property is located at 12340 S Cicero Ave Alsip, IL.
What are key features of this property?
This property features: Red Roof Inn Chicago Alsip: Choice Hotels‑branded 60‑room, two‑story hotel; 12340 S Cicero Avenue, Alsip, IL—just off Interstate 294; Trailing twelve months ending August 2023: room revenues over $1.4M
