12800 Ashland Ave, Calumet Park, IL 60827-6308
This exceptional investment opportunity presents a 39,295 square foot Days Inn motel in Calumet Park, Illinois, boasting a strong 11.38% capitalization rate and a substantial net operating income (NOI) of $438,217. Built in 2000, this property is strategically located at 12800 S Ashland Ave, 60827, offering convenient access to major transportation arteries. The motel benefits from its proximity to I-57, I-294 (Tri-State Tollway), and US 6, providing seamless connectivity to the broader Chicago metropolitan area and beyond. Chicago Midway International Airport is conveniently located approximately 15 miles away, enhancing accessibility for both business and leisure travelers. Furthermore, the property's location near major freight lines operated by CSX Transportation and Norfolk Southern, coupled with readily available UPS and FedEx services, ensures efficient logistics and delivery capabilities. Public transportation is also easily accessible via Pace Suburban Bus Service routes. This Days Inn represents a compelling investment opportunity with significant potential for growth and strong returns, given its prime location and robust operational performance. The asking price for this exceptional property is $3,850,000.
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Days Inn by Wyndham Calumet Park Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.