Technical
Financial
Distress signals
Property profile

1884 Washington Rd Washington, IL 61571

OFF-MARKET
Hotels
Property ID
US28-5796661
10,516 SF 0.63 ac lot Built 1992
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1992
Total area 10,516 SF
Lot 0.63 ac (27,443 SF)
APN 02-02-15-300-018
UPID US28-5796661

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

1884 Washington Rd Washington, IL 61571-2178
Washington metro Census 22300 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.07M
CAP Approach CAP
$860k
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.01M

Owner & transaction history

since 2023
Last sale
$1.4M
7 recorded transactions
2023
$1.4M
2020
Price N/A
2019
$1.2M
2019
Price N/A
2016
Price N/A
2007
$1.1M
2007
$1.3M

Zoning & alternative use

Top alternative use upside
Medical building $935,000 +132.4%
Restaurant $920,000 +128.8%
Apartment house (5+ units) $790,000 +97.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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