Building Details:
510 U.S. 30 is located in Rock Falls, IL.
Completely renovated in 2008 MOM & POP motel on very busy Route 30 street in Rockfalls. 5 New Kitchenett, 1 Jacuzzi Room and Restaurant/Coffee shops were added in 2008. Restaurant is Vacant and ready for lease @$2000. Per month plus Utilities. Average daily rate for single is $35, Double is $45 and Jacuzzi and Kitchnetts are about $89+. There are some weekly's. Absentee owners, wants to sell ASAP. Appraisal Value in 2008 was approx. was $850-$1 Mil. Cash buyers only. No financial,without signing NDA Occupancy is 75-80% during Summertime and 50% during Winter Time.
Plans available for another 7 units Retail/Office commercial to be built on vacant lot.
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