Hotel Properties in Cicero | Reonomy

Hotel Properties in Cicero

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Reonomy attracts a large community of Cicero 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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Cicero hotel property sold prices and values

Values and sold prices (last 24 months) United States Indiana Cicero
Average price/sqft $651 $27,824 --
Average sold price $5,944,918 $2,799,462 --
Median sold price $1,109,410 $1,312,500 --
Number of sales 6,789 116 --
Number of sales over $250k 5,150 90 --
Number of sales over $1m 3,546 69 --
Number of sales over $10m 672 4 --
Average total tax amount $78,651 $56,729 --
Average assessed value $3,334,774 $2,056,780 --
Average market value $4,411,587 $2,056,780 --

Cicero hotel property property averages

Property averages United States Indiana Cicero
Average lot size 600,267 sf 128,144 sf --
Median lot size 47,960 sf 82,764 sf --
Average building area 6,622 sf 857 sf --
Median building area 75 sf 42 sf --
Median year built 1978 1988 --
Average number of units 51 79 --
Median number of units 16 60 --

Cicero hotel property total supply

Supply United States Indiana Cicero
Number of parcels 94,049 1,554 --
Aggregate lot acerage 1,330,424 3,188 --
Aggregate building area 276,013,001 sf 593,978 sf --
Aggregate units 1,436,747 19,779 --

Cicero hotel property industrial mortgages

Debt United States Indiana Cicero
Number of mortgages 224,825 2,155 --
Average value of mortgages $46,394,226 $66,543,877 --

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