Historic Strategic Redevelopment Block 6 Biens Vente aux enchères en ligne La Salle, IL
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Historic redevelopment opportunity encompassing almost a full block of Downtown La Salle, with plans for an upscale 96-key hotel.
- Notable landmark site is home to the Hotel Kaskaskia and a historic office property that are listed on the National Register of Historic Places.
- Frontage to 3rd Street provides visibility to over 8,500 daily vehicles, and out-of-town clientele can easily find the property from I-39 and I-80.
- Developers can also utilize the portfolio to create mixed-use multifamily apartments/condos with ground-floor retail storefronts.
- Developments at the site benefit from more than 3 million annual guests visiting the area’s state parks and the I&M Canal National Heritage Area.
RÉSUMÉ ANALYTIQUE
Pursue a dream redevelopment opportunity with this collection of lots, making up almost a full block of Downtown La Salle, Illinois. This extraordinary offer is situated within La Salle’s Historic District and includes the historic Hotel Kaskaskia, a six-story hotel that opened in 1915 and is listed on the National Register of Historic Places.
Spanning a total of 1.99 acres, this incredible offer provides versatility for a wide range of commercial projects. Plans are available for a contemporary 96-key, interior-corridor hotel spanning a total of 67,200 square feet across six stories. The luxury development calls for upscale amenities, including an on-site restaurant, a café, a library lounge, a rooftop terrace, high-quality meeting space, and a large ballroom. There is also fantastic potential for residential condos or multifamily apartments with ground-floor retail storefronts. The site also includes 241 Marquette Street, a historic office property that is a landmark of Downtown La Salle with an iconic columned entryway that offers an additional renovation or reuse prospect.
The portfolio sits in a perfect location for a new development serving the La Salle and North Illinois communities. Frontage to 3rd Street provides exposure to some of the city’s highest traffic counts, visible to more than 8,500 daily vehicles. Popular local restaurants and stores line the surrounding streets, empowering both residential and retail businesses with walkable shopping and dining options. Additionally, the development is only a few blocks from the I&M Canal, the country’s first national heritage area and a major tourist attraction. Visitors also flow to the area seeking accommodations during visits to Starved Rock State Park, Matthiessen State Park, and Buffalo Rock State Park.
La Salle County and the Starved Rock Area attract more than 3 million annual visitors, providing exceptional demand for new, high-quality hotels. The city is bisected by Interstates 39 and 80, allowing for easy access for travelers from nearby cities, including Peoria and Rockford, as well as the Greater Chicago area.
Don’t miss this rare chance to reshape the heart of Downtown La Salle with the mixed-use reimagining of the historic Hotel Kaskaskia. Visit the Data Room to review the plans and learn more about this fantastic opportunity.
Spanning a total of 1.99 acres, this incredible offer provides versatility for a wide range of commercial projects. Plans are available for a contemporary 96-key, interior-corridor hotel spanning a total of 67,200 square feet across six stories. The luxury development calls for upscale amenities, including an on-site restaurant, a café, a library lounge, a rooftop terrace, high-quality meeting space, and a large ballroom. There is also fantastic potential for residential condos or multifamily apartments with ground-floor retail storefronts. The site also includes 241 Marquette Street, a historic office property that is a landmark of Downtown La Salle with an iconic columned entryway that offers an additional renovation or reuse prospect.
The portfolio sits in a perfect location for a new development serving the La Salle and North Illinois communities. Frontage to 3rd Street provides exposure to some of the city’s highest traffic counts, visible to more than 8,500 daily vehicles. Popular local restaurants and stores line the surrounding streets, empowering both residential and retail businesses with walkable shopping and dining options. Additionally, the development is only a few blocks from the I&M Canal, the country’s first national heritage area and a major tourist attraction. Visitors also flow to the area seeking accommodations during visits to Starved Rock State Park, Matthiessen State Park, and Buffalo Rock State Park.
La Salle County and the Starved Rock Area attract more than 3 million annual visitors, providing exceptional demand for new, high-quality hotels. The city is bisected by Interstates 39 and 80, allowing for easy access for travelers from nearby cities, including Peoria and Rockford, as well as the Greater Chicago area.
Don’t miss this rare chance to reshape the heart of Downtown La Salle with the mixed-use reimagining of the historic Hotel Kaskaskia. Visit the Data Room to review the plans and learn more about this fantastic opportunity.
MÉMORANDUM D’INFORMATION Cliquez ici pour accéder à
DATA ROOM Cliquez ici pour accéder à
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
INFORMATIONS SUR L’IMMEUBLE
| Condition de vente | Vente aux enchères |
| Type de propriété | Pleine propriété |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 6 |
| Surface totale de l’immeuble | 7 452 m² |
| Surface totale du terrain | 1 ha |
Biens
| NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION |
|---|---|---|---|
| 241 Marquette St, La Salle, IL 61301 | Bureau | 929 m² | 1934 |
| 608 3rd St, La Salle, IL 61301 | Local commercial | 280 m² | 1917 |
|
Hotel Kaskaskia
217 Marquette St, La Salle, IL 61301 |
Services hôteliers | 6 243 m² | 2027 |
| 610 3rd St, La Salle, IL 61301 | Terrain | 670 m² | - |
| 230 Gooding St, La Salle, IL 61301 | Terrain | 364 m² | - |
| 236 Gooding St, La Salle, IL 61301 | Terrain | 344 m² | 1888 |
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CONSEILLERS EN VENTE
CONSEILLERS EN VENTE
Chris Armes, Senior Vice President
Chris Armes possède plus de quatorze ans d'expérience dans le domaine de l'immobilier commercial. Il se spécialise dans le conseil aux clients sur la vente, le repositionnement, l'acquisition et l'endettement de propriétés multifamiliales et hôtelières dans toutes les principales catégories d'actifs. Avant de rejoindre Kidder Mathews, Chris était vice-président chez Cushman & Wakefield. Depuis 2008, il a vendu plus d'un milliard de dollars de propriétés commerciales.
Chris se concentre sur les acquisitions, les cessions et les dettes (avec ou sans recours) pour les secteurs de l'hôtellerie multifamiliale.
Chris était l'un des principaux producteurs des marchés financiers pour Cushman & Wakefield.
Chris se concentre sur les acquisitions, les cessions et les dettes (avec ou sans recours) pour les secteurs de l'hôtellerie multifamiliale.
Chris était l'un des principaux producteurs des marchés financiers pour Cushman & Wakefield.
Ryan Freed, Executive Vice President
Ryan Freed est vice-président exécutif de la gestion immobilière au sein du bureau de Lee & Associates en Illinois. Ryan est un professionnel de l'immobilier accompli qui possède de l'expérience dans de multiples facettes du secteur de l'immobilier commercial. Il apporte une approche entrepreneuriale et pratique de l'immobilier, qui a été à la base de l'établissement de relations fructueuses et à long terme avec ses clients.
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CONTACT POUR LES ENCHÈRES
Derek Rudd
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