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31765183
31765533

2105 FIRST AVE, ROCK FALLS, IL 61071-3554

MS
IL 471008215, TN 339037 (+1)
KW Commercial Nashville
TA
IL 475.216555
Keller Williams Experience
Listed by KW Commercial Nashville, Keller Williams Experience
$4,750,000
51 days on market
Updated 8 days ago

Best Western Hotel & Restaurant, Rock Falls, Illinois

Details
APN 1134302005
Property Type Retail, Hospitality
Sub Type Hotel, Restaurant (+1)
Square Footage 90,000
Units 97
Cap Rate 7.37%
NOI $350,000
Occupancy 60%
Brand/Tenant Best Western
Pro-Forma Cap Rate 11.79%
Pro-Forma NOI $560,000
Price per SqFt $53
Class B
Year Built 1973
Year Renovated 2012, 2026
Buildings 1
Stories 2
Lot Size (SqFt) 218,252
Zoning C-3
Parking Spaces 10 per 1,000 sq ft
Investment Type Stabilized
Ground Lease No
Ownership LLC
Sale Condition For sale by owner

Fresh Conversion - Best Western Hotel, with Completed PIP

Marketing description

Best Western Rock Falls - Freshly Converted

The Best Western Rock Falls is strategically positioned in the Sterling–Rock Falls market, a stable northwestern Illinois hospitality corridor supported by interstate travel, regional business activity, and leisure demand. The property features a strong food-and-beverage component with an attached banquet hall and a popular Indian restaurant offering a bar, gaming, and entertainment, creating additional revenue streams beyond room income and establishing the property as a local gathering destination.

Recently converted from a Days Inn to the Best Western brand, the hotel has completed renovations, carries no outstanding PIP obligations, and is well-positioned among the top lodging options in the market with limited direct competition.

Located along the I-88 corridor near the Rock River, the hotel benefits from consistent demand from truck drivers, contractors, business travelers, returning visitors, and seasonal tourism. The market is supported by major regional employers including Wahl Clipper Corporation, CGH Medical Center, Halo Branded Solutions, and Walmart Distribution Center #7024, with additional growth expected from the new Love’s Travel Stop development nearby.

Investment highlights

  • Best Western Conversion Completed
  • Renovated / PIP Complete
  • Interstate 88 Visibility & Access
  • Limited Competitive Supply
  • Strong Commercial & Transient Traffic
  • Banquet / Event Revenue Component
  • Restaurant, Bar & Gaming Income
  • Revenue Growth & Operational Upside
  • Growing Truck & Travel Center Activity
  • Multiple Revenue Streams

Listing Contacts

MS
IL 471008215, TN 339037 (+1)
KW Commercial Nashville
TA
IL 475.216555
Keller Williams Experience
Listed by KW Commercial Nashville, Keller Williams Experience

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$350,000.00
$29,166.67/mo

Valuation Metrics

0
DSCR
7.37%
Cap Rate
7.37%
ROI

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Additional Information

Name
Michael Sims
License
471008215
Brokerage
Sims Commercial Real Estate Inc.
Brokerage Phone
312-796-4444
Title
Managing Broker
Brokerage Address
205 North Michigan Avenue
Name
Tanishq Agarwal
License
475.216555
Brokerage
keller williams commercial
Brokerage Phone
8473549466
Title
commerial broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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