Boutique Hotel with 6
221 South Monroe Street Pittsfield, IL 62363
221 South Monroe Street, Pittsfield, IL, 62363
$400,000
For Sale
$400,000
Updated boutique hotel offering six units with private bathrooms, mini-refrigerators, and guest amenities.
Days on Market183
Property Features for 221 South Monroe Street
General Information
- Standard status
- Active
- Property subtype
- Land / Lots & Land
Listing agency
eXp Realty
Listed by
Candice Daniel
Source
Compass
Added: Jan 20 Updated: Jul 21 at 3:58AM Checked: Jul 21 at 3:58AM
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Investment Insights
Based on property information with market context.
The Monroe Street Suites is an updated boutique hotel configured as a 6-unit property. Each unit includes 1 or 2 beds along with a TV, extra seating, mini-refrigerator, full bathroom, hair dryer, and iron/ironing board, among other in-room amenities. Guests also have access to a small common area and a larger back patio. The sale is described as including all inventory, business operations, systems, and the building and land to support continuing operations.
Recent improvements noted in the remarks include a new roof in 2023, a new HVAC roof unit in 2023, new interior and exterior paint in 2025, new custom-made beds and new mattresses and pillows in 2025, and updated ceiling tiles and light fixtures in 2025, along with additional back patio closet work. The property currently provides free parking and wireless internet for guests, and EV chargers are in the process of being installed.
Located at 221 South Monroe Street in Pittsfield, Illinois, the property is positioned as a turnkey hospitality asset with six independently furnished units designed for guest stays.
Recent improvements noted in the remarks include a new roof in 2023, a new HVAC roof unit in 2023, new interior and exterior paint in 2025, new custom-made beds and new mattresses and pillows in 2025, and updated ceiling tiles and light fixtures in 2025, along with additional back patio closet work. The property currently provides free parking and wireless internet for guests, and EV chargers are in the process of being installed.
Located at 221 South Monroe Street in Pittsfield, Illinois, the property is positioned as a turnkey hospitality asset with six independently furnished units designed for guest stays.
Key Highlights
- Monroe Street Suites is an updated boutique commercial hotel with 6 units in Pittsfield, IL
- 6‑unit mix of 1- and 2‑bed rooms; each unit includes a full bathroom, TV, mini‑refrigerator, and extra seating
- Guest amenities in each unit include hair dryer and iron/ironing board, plus access to a small common area and a larger back patio
Property Analytics
Location Intelligence
Current Use by Public Records
Monroe Street Suites
Hotel & Motel
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FAQs
What type of property is this?
Hotel - Updated boutique hotel offering six units with private bathrooms, mini-refrigerators, and guest amenities.
Where is this hotel located?
The property is located at 221 South Monroe Street Pittsfield, IL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Monroe Street Suites is an updated boutique commercial hotel with 6 units in Pittsfield, IL; 6‑unit mix of 1- and 2‑bed rooms; each unit includes a full bathroom, TV, mini‑refrigerator, and extra seating; Guest amenities in each unit include hair dryer and iron/ironing board, plus access to a small common area and a larger back patio
