Hotel Properties in Illinois | Reonomy

Hotel Properties in Illinois

Unlock property data on all 1,010 hotel properties in Illinois. Search across 100 counties to find the Illinois property records you need, and get in touch with Hotel Property owners in any market. Discover off-market properties likely to sell, refinance, or renovate, or find recent buyers and sellers.

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Popular searches around Illinois

Reonomy attracts a large community of Illinois commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in hotel properties.

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Illinois hotel property sold prices and values

Values and sold prices (last 24 months) United States Illinois
Average price/sqft $766 $11,770
Average sold price $6,119,712 $8,534,124
Median sold price $1,129,309 $2,350,000
Number of sales 7,797 106
Number of sales over $250k 5,937 88
Number of sales over $1m 4,087 77
Number of sales over $10m 777 17
Average total tax amount $77,769 $308,389
Average assessed value $3,400,101 $1,238,640
Average market value $4,490,211 $11,306,903

Illinois hotel property property averages

Property averages United States Illinois
Average lot size 600,187 sf 59,607 sf
Median lot size 47,961 sf 28,266 sf
Average building area 6,621 sf 738 sf
Median building area 75 sf 73 sf
Median year built 1978 1974
Average number of units 51 99
Median number of units 16 32

Illinois hotel property total supply

Supply United States Illinois
Number of parcels 94,049 1,010
Aggregate lot acerage 1,330,442 1,234
Aggregate building area 276,013,115 sf 172,837 sf
Aggregate units 1,437,041 17,273

Illinois hotel property industrial mortgages

Debt United States Illinois
Number of mortgages 224,848 4,283
Average value of mortgages $46,400,006 $63,012,335

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