3909 11th Street, Rockford, IL 61109
- Request for Offers
- Limited Service
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Marcus and Millichap is pleased to present the Howard Johnson in Rockford, Illinois. This property is the first branded hotel closest to the Chicago-Rockford International Airport, which is home to the second largest UPS Hub in the World. The property operates 102 rooms, however another 11 rooms were converted from long term suites and brought back into service. Currently there are 113 rooms available for rent. There are 40 additional rooms in a separate wing, that are being renovated currently, and can be partitioned out for long term stay rooms or apartments.
This is a great opportunity for a new owner-operator to buy a hotel well below replacement cost and continue the momentum of new business and increased demand in the Rockford area.
Rockford is home to a large group of hospital systems, including Mercy Health which broke ground on a new hospital that will be open in 2019. The $485 million project is the largest in Rockford history. The Colman Village Site, that will become a $65 million multi-use complex is also in works as well as Swedish American that recently announced a $130 million expansion.
The hotel is situated less than 1 mile from the Chicago Rockford International Airport, which is home to the second largest UPS (United Parcel Service) Hub in the world. The 586,000 square foot warehouse handles over 120,000 packages every hour. Rockford is also the 3rd largest city in the state of Illinois.
Agent for this listing
Associate, National Hospitality Group
Office: (773) 867-1458
Mobile: (773) 331-5340
Fax: (773) 867-1510 fax