IL > Cedar Point
Cedar Point, IL 61316,324 E 4th ST
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Cedar Point, IL 61316,324 E 4th ST
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Samuel Stella

Samuel Stella

+1(224) 426-4652
$ 775,000
Est. payment /mo
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Active

324 E 4th ST Cedar Point, IL 61316

18,278 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 18,278 sqft

Price per Sqft $42

MLS Listing ID 12369038

Year Built 1967

Annual Tax Amount $4,138

Tax Year 2023

Lot Dimensions 1.66

Property Sub-Type Mixed Use

Property Description

Don't miss this rare investment opportunity! Conveniently located on IL Route 71, this property offers excellent visibility and exposure, with over 2,600 vehicles passing by daily (IDOT). A little TLC will go a long way here. The motel features a mix of single and double studio rooms with individual heating/cooling. Many of the rooms and bathrooms have been updated but are still in need of flooring. In addition to the motel units, the property includes multiple one bedroom apartments (with updated kitchens) as well as a two and three-bedroom apartment offering long-term rental income potential or extended-stay lodging options. The office, bar, restaurant, kitchen, and banquet room are just waiting to be brought back to life! Roof is approximately 5 years old. A majority of the electrical and plumbing has been updated. Just a short drive from Starved Rock State Park-one of Illinois' most popular outdoor destinations- this property draws consistent traffic from tourists, hikers, and nature lovers year-round. Whether you're looking to expand your real estate portfolio or operate your own hospitality business, the possibilities are endless! Schedule your private tour today and explore the possibilities this property has to offer!

Location

State IL

County Lasalle

Area Cedar Point

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Mixed Use

Level or Stories 2

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Brandi Kunkel • Local Realty Group, Inc.
agent

Samuel Stella

Designated Managing Broker / Owner | License ID: 471.021016

+1(224) 426-4652

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324 E 4th ST

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