Limited-Service Hotel with Ample
For Sale
Contact for pricing
Pending
12340 S Cicero Ave, Alsip, IL 60803
Two-story Red Roof Inn offers 60 rooms, plus laundry facilities and ample parking for buses or trucks.
Property SizeContact for details
Days on Market119
Property Features for 12340 S Cicero Ave
General Information
Standard status
Pending
Property subtype
Hospitality
Additional Details
Business Included
Yes
Highway Access
Yes
Amenities
laundry facility
ample parking
Building Details
Stories
2
Listing Agency:
Marcus & Millichap - Chicago Oak Brook
(972) 755-5302
Listed By:
Ebrahim Valliani · License #IL 475.166215
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 8 at 2:55PM
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
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
510
Businesses Nearby
Explore this area
Business Placement
Demographics for 60803, IL
22,189
Population
9,563
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
88%
High-School Grad
7.8 sq mi
ZIP Area
2,845
Density / Sq Mi
$66,555
Median Household Income
$42,245
Median Earnings
$1,113
Median Rent
$200,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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
