Branded Hotel with Updated
For Sale
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2255 173rd Street, Lansing, IL 60438
A 4-story Sleep Inn offering 69 rooms on a B-2 zoned site, renovated in 2014.
Property Size48,352 SF
Lot Size1.11 Acres
Price / SF$69.07
Days on Market72
Property Features for 2255 173rd Street
General Information
Standard status
Active
Size
48,352 SF
Lot size
1.11 Acres
Property subtype
Hospitality
Zoning
B-2
Building Details
Year Built
1997
Year Renovated
2014
Stories
4
Listing Agency:
Century 21 Allstars
Listed By:
Silvestre Madrigal Jr. · License #01363650
Source:
Crexi
Added: Jun 3
Changed: Aug 8
Last Checked: Aug 11 at 7:43AM
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 Century 21 Allstars
Investment Insights
Based on property information with market context.
Sleep Inn at 2255 173rd Street is a well-maintained, four-story hotel built in 1997 and renovated in 2014. The property provides 69 guest rooms in approximately 33,116 square feet and is presented with updated interiors and a clean, contemporary look. The asset is positioned on an approximately 1.11-acre site designed to support ongoing lodging operations and guest stays.
The hotel sits on a 48,352-square-foot parcel zoned B-2, offering convenient flexibility for a hospitality use within the commercial corridor. The property’s curb presence and recognizable branded flag support visibility for travelers looking for a familiar lodging option in suburban Lansing.
For buyers or owner-operators seeking an established lodging asset, this property offers a straightforward hotel operating platform with a defined room count and recent renovation history. Its branded identity and multi-story structure can support continued management of guest accommodations within a B-2 zoning context.
The hotel sits on a 48,352-square-foot parcel zoned B-2, offering convenient flexibility for a hospitality use within the commercial corridor. The property’s curb presence and recognizable branded flag support visibility for travelers looking for a familiar lodging option in suburban Lansing.
For buyers or owner-operators seeking an established lodging asset, this property offers a straightforward hotel operating platform with a defined room count and recent renovation history. Its branded identity and multi-story structure can support continued management of guest accommodations within a B-2 zoning context.
Key Highlights
- Sleep Inn hotel built in 1997 with 69 guest rooms across approximately 33,116 SF in a 4‑story building
- Renovated in 2014 with updated interiors and guest rooms
- Located on a 1.11‑acre site; parcel is 48,352 SF
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
638
Businesses Nearby
Explore this area
Business Placement
Demographics for 60438, IL
29,661
Population
12,230
Households
2.4
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
8.1 sq mi
ZIP Area
3,662
Density / Sq Mi
$72,043
Median Household Income
$44,632
Median Earnings
$1,271
Median Rent
$168,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - A 4-story Sleep Inn offering 69 rooms on a B-2 zoned site, renovated in 2014.
Where is this hotel located?
The property is located at 2255 173rd Street Lansing, IL.
What is the asking price?
The asking price for this property is $3,339,900.
What are key features of this property?
This property features: Sleep Inn hotel built in 1997 with 69 guest rooms across approximately 33,116 SF in a 4‑story building; Renovated in 2014 with updated interiors and guest rooms; Located on a 1.11‑acre site; parcel is 48,352 SF
