221 S MONROE ST, Pittsfield, IL 62363
221 S MONROE ST, Pittsfield, IL 62363,Video Tour
221 S MONROE ST, Pittsfield, IL 62363
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Janet Arns

Janet Arns

+1(217) 617-0751
Listed by Candice Daniel • eXp Realty
$350,000
Est. payment /mo
2,560 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,560 sqft

Price per Sqft $136

MLS Listing ID CA1041417

Annual Tax Amount $4,440

Property Sub-Type Commercial

Source rmlsa

Property Description

The Monroe Street Suites is an updated and charming commercial boutique hotel located in Pittsfield, Illinois. The sale will include everything needed to continue business as usual, ensuring quick income for the new owner. The current owners have completely updated the hotel's aesthetic, transforming it into a chic, intimate atmosphere. The building consists of 6 units, mixing and matching bed sizes for all types of guests. EV chargers are in the process of being installed, adding additional income in the future. Other recent updates include a new roof in 2023, a new HVAC roof unit in 2023, all new interior and exterior paint in 2025, all new custom-made beds in 2025, new mattresses and pillows in 2025, new ceiling tiles and light fixtures in 2025, and new metal on the back patio closets in 2025. The business currently offers its clients free parking and wireless internet. Each unit consists of 1 or 2 beds, a TV, extra seating, mini-refrigerator, full bathroom, hair dryer, iron/ironing board, and more. Guests can also enjoy a small common area as well as a larger back patio. The business already has an established clientele which continues to grow in recent years. All inventory, the business, all systems in place, the building, and land convey with the sale making it a truly convenient investment for someone looking to add to their hospitality portfolio or someone new who is looking for something small to start out with. Don't miss out on this amazing business opportunity!

Location

State IL

County Pike

Area Pike County Il

Zoning Commercial

Direction From Washington, turn south onto South Monroe Street. Go past the 4-way stop sign and the business is the 2nd on the right/west.

Interior

Heating Forced Air

Cooling Central Air

Flooring Tile

Fireplace N

Exterior

View true

Roof Type Membrane

Garage 1

Building

Faces From Washington, turn south onto South Monroe Street. Go past the 4-way stop sign and the business is the 2nd on the right/west.

Sewer Public Sewer

Structure Type Block,Stucco

Others

Tax ID 5408413

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Janet Arns

Janet Arns

+1(217) 617-0751

Broker | License ID: 475 130570

Broker License ID: 475 130570

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