Hotel property in Illinois
Search hotel property records in Illinois to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Illinois commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.
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2000 Grand Prix Dr, Pontiac, IL 61764
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210 E Ashland St, Morton, IL 61550
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230 Lucile Ave, Forsyth, IL 62535
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1 Carrollton Blvd, Mount Carroll, IL 61053
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917 Green Mill Rd, Arcola, IL 61910
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101 Holiday St, East Peoria, IL 61611
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128 Regency Park, O Fallon, IL 62269
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140 W Ashland St, Morton, IL 61550
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27576 Maecliff Dr S, Warrenville, IL 60555
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27554 Maecliff Dr S, Warrenville, IL 60555
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Popular searches around Illinois
Reonomy operates the most comprehensive database for Illinois Hotel Property and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Illinois commercial real estate professionals. Members from Illinois include brokers, investors and service providers, many of whom specialize in Illinois Hotel Property.
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Illinois hotel property sold prices and values
The average assessed value of hotel properties in Illinois is $1,404,590. Hotel property sale prices in Illinois have a median of $1,950,000. The last 24 months of sales history has seen 112 sales, with 91 sales greater than $250,000, 78 sales valued at over $1,000,000, and 19 sales valued at over $10,000,000. The average price per square foot of hotel properties in Illinois over the last 24 months is $116.
| Values and sold prices (last 24 months) | United States | Illinois |
|---|---|---|
| Average price/sqft | $7,467 | $671 |
| Median price/sqft | $113 | $116 |
| Average sold price | $6,524,869 | $9,438,780 |
| Median sold price | $1,099,194 | $1,950,000 |
| Number of sales | 8,661 | 112 |
| Number of sales over $250k | 6,577 | 91 |
| Number of sales over $1m | 4,495 | 78 |
| Number of sales over $10m | 892 | 19 |
| Average total tax amount | $80,293 | $317,129 |
| Average assessed value | $3,324,124 | $1,404,590 |
| Average market value | $4,295,638 | $13,027,442 |
Illinois hotel property property averages
The average lot size of hotel properties in Illinois is 28,360 sf. This is 50% below the United States average. The average building area is 81 sf and the median year built is 1974.
| Property averages | United States | Illinois |
|---|---|---|
| Average lot size | 600,555 sf | 59,917 sf |
| Median lot size | 47,272 sf | 28,360 sf |
| Average building area | 6,730 sf | 768 sf |
| Median building area | 74 sf | 81 sf |
| Median year built | 1978 | 1974 |
| Average number of units | 51 | 99 |
| Median number of units | 16 | 31 |
Illinois hotel property total supply
There are 1,013 hotel properties in Illinois. This is 195% below the United States average. The total acerage is 1,237 acres and the aggregate building area for hotel properties in Illinois is 182,110 sf.
| Supply | United States | Illinois |
|---|---|---|
| Number of parcels | 92,381 | 1,013 |
| Aggregate lot acerage | 1,159,686 | 1,237 |
| Aggregate building area | 274,897,203 sf | 182,110 sf |
| Aggregate units | 1,366,877 | 16,995 |
Illinois hotel property industrial mortgages
There are 4,185 mortgages for hotel properties across Illinois in the Reonomy database. The average value of those mortgages is $63,955,253. This is 30% above the United States average.
| Debt | United States | Illinois |
|---|---|---|
| Number of mortgages | 216,476 | 4,185 |
| Average value of mortgages | $46,836,937 | $63,955,253 |
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