Quality Inn & Suites in Peoria, Illinois Listed for Sale

CBRE is the exclusive agent in connection with the solicitation of offers to acquire the fee-simple interest in the 108-room Quality Inn & Suites located in Peoria, Illinois. The hotel is conveniently accessible off Interstate 74 & U.S. Route 150, which provides guests access to a diverse mix of attractions throughout the surrounding area. Generating additional demand, the Quality Inn & Suites is located directly across the highway from the Northwoods Mall, and just minutes away from the large attractions such as the Peoria Civic Center, Louisville Slugger Sports Complex, Peoria Riverfront Museum, Limelight Eventplex, Bradley University, Dozer Park, Caterpillar Visitors Center, and General Wayne A. Downing Peoria International Airport. Being centrally located in Peoria, the Quality Inn & Suites is the ideal choice for travelers looking to explore all that Peoria has to offer.

Investment Highlights

• Built in 1988, 3 stories; 108 Guest Rooms
• Performance continue to improve: 

  • Room Revenue over $1.8M (Year End 2023)
  • 48.6%Occ at $76.17 ADR, RevPAR $36.99 (T12 Aug 2024)
  • Currently at 85.6% RevPAR Index of Comp Set – Room to Grow! 

• Located conveniently off Interstate 74 (ADT count of 38,000 cars per day) & U.S. Route 150 (ADT count of 25,800 cars per day)

  • 45 minutes from Bloomington-Normal
  • 1.5 hours from Champaign-Urbana and Springfield 
  • 2.5 hours from Chicago and St. Louis

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