Rantoul, IL 61866,200 Linden Avenue
Rantoul, IL 61866,200 Linden Avenue
Rantoul, IL 61866,200 Linden Avenue
28
$512,500
$500,000
2.5%
Est.Price: ?

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91,440 SqFt

200 Linden Avenue Rantoul, IL 61866

Est. payment /mo
SOLD DATE : 01/30/2023

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Key Details

Sold Price $512,500

Property Type Commercial

Sub Type Bus / Bus w/Real Est

Listing Status Sold

Purchase Type For Sale

Square Footage 91,440 sqft

Price per Sqft $5

MLS Listing ID 09485542

Sold Date 01/30/23

Annual Tax Amount $31,598

Tax Year 2021

Lot Dimensions 395 X 518

Property Description

"""PURCHASER OF THIS PROPERTY AT FULL PRICE OR MORE MUST CLOSE ON IT BEFORE 31 JAN 2023 IN ORDER TO GET THIS DISCOUNTED FANTASTIC PRICE..""" STORY MOTEL WITH ELEVATOR, 198 ROOMS OR WHICH 32 ARE KINGS, 6 ARE QUEENS AND 159 ARE FULL'S. ROOMS HAVE REFRIGERATORS, MICROWAVES AND TELEVISIONS, TWO BUILDINGS, ELEVATOR IN EACH, WITH 98 ROOMS IN THE FRONT BUILDING AND 100 IN THE REAR BUILDING, THE REAR BUILDING HAS PTAC UNITS WHICH ARE APPROXIMATELY10 YEARS OLD, THE FRONT BUILDING HAS WINDOW AC UNITS AS THE CENTRAL AC IS NOT FUNCTIONING AT THIS TIME AND CENTRAL HEATING SYSTEM MOTEL INCLUDES TWO CONFERENCE ROOMS WITH TWO VENDING AREAS IN EACH BUILDING. ATTACHED WALKWAY BETWEEN BUILDINGS WHICH CONTAINS AN IN DOOR POOL AS WELL AS OUTDOOR POOL. LARGE PARKING LOT WEST OF THE BUILDINGS AS WELL AS SEVERAL BY FRONT ENTRANCE..FACILITY HAS ALSO BEEN UTILIZED AS UNIVERSITY OF ILLINOIS FOOTBALL TRAINING CAMP FOR SEVERAL YEARS AS WELL AS NUMEROUS SOCCER TEAM AND HIGH SCHOOL FOOTBALL EVENTS..FOOTBALL AND SOCCER FIELDS JUST NORTH OF THE MOTEL..FULL SCALE BANQUET FACILITIES JUST WEST OF THE MOTEL IN THE LINDEN BANQUET CENTER. (FORMER CHANUTE AFB OFFICER'S CLUB) AND OWNED BY ANOTHER INDIVIDUAL BUT VERY COOPERATIVE WITH LARGE GROUPS OF EVENT DINING.. OCCUPANCY RATES SHOULD MUSHROOM WITH THE CONSTRUCTION OF THE NEW OUTDOOR SPORTS COMPLEX COMPLETED IN 2022 ON THE WEST SIDE OF RANTOUL.. AND THE ACTIVATION OF A TEST VEHICLE TRACK BY THE UNIVERSITY OF ILLINOIS IN THE VERY NEAR FUTURE HIGHLY MOTIVATED SELLER !!!

Location

State IL

County Champaign

Zoning COMMR

Interior

Cooling Central Air, Central Individual

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site

Waterfront false

View Y/N true

Roof Type Tar and Gravel

Building

Structure Type Brick, Block

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Listed by Herman Fogal • REALTY 2000,INC
Bought with Herman Fogal • REALTY 2000,INC

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Kari Kohler

Broker | FA.475.129019

+1(630) 673-4586

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