324 E 4th Street

Cedar Point, IL 61316

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!

Listing Courtesy of MRED as distributed by MLS Grid of Local Realty Group, Inc.



Based on information submitted to the MLS GRID as of 2025-06-02 11:56 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-06-02 11:56 AM UTC
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