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Hotel-Motel

Best Western Chester Hotel

2150 State St, Chester, IL 62233

Listing Price: $2,695,000

Number of Rooms
46
RevPAR
$50
Price/Room
$58,587
RRM
3.22
Year Built
1993

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the Best Western Chester Hotel (‘Hotel’ or ‘Property’) located in Chester, Illinois. The Best Western Hotels-Affiliated Hotel is offered at $2,695,000 or $58,587 per key.

The Best Western Chester Hotel is a 46-room, two-story Hotel stationed at 2150 State Street in Chester, Illinois, just off Highway 150. Various common area amenities at the Property include an outdoor pool, fitness center, business center, and ample parking for large vehicles.

Steeped in history and brimming with charm, Chester, Illinois, offers a captivating tapestry for every traveler. Explore the well-preserved architecture of Old Town, a designated Illinois Great Place, and delve into local heritage at the Chester Historical Society Museum. Embrace Chester's playful side as the "Home of Popeye" by following the Character Trail and visiting the Popeye Museum. History buffs will delight in Fort DeChartres, the Popeye Statue River Outlook, and the homes of author Pierre Menard and the Cohen family. Chester boasts natural beauty with the Randolph County Forest Preserve and the Great River Road National Scenic Byway, while nearby wineries, orchards, and attractions like Fairmount Park, Gateway International Raceway, and Six Flags St. Louis offer further exploration. Immerse yourself in the vibrant local culture by attending events at the Show Me State Room, browsing unique shops and art galleries, or indulging in Southern-influenced American cuisine. As the county seat, Chester houses various institutions and is conveniently located near businesses like the Menard Correctional Center and the Union Pacific Railroad. This strategic location, just 60 miles from St. Louis, makes Chester a favorite for festival goers, Popeye fans attending the annual picnic, and business travelers alike. Whether seeking historical immersion, outdoor adventure, cultural engagement, or convenient access to business and leisure opportunities, Chester, Illinois, welcomes you to discover its captivating tapestry and create lasting memories.

Investment Highlights

  • Two-Story, 46-Room, Best Western Hotels-Affiliated Hotel
  • Located 63 Miles from Downtown St. Louis and 77 Miles from St. Louis Lambert International Airport
  • Easily Accessible from Highway 150 and Positioned Near Several Historical Landmarks
  • Situated Under a Mile from Memorial Hospital and Three Miles from Chester Country Club
  • Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt

Exclusively Listed By

Financing By

Hotel-Motel

Best Western Chester Hotel

Listing Price: $2,695,000

Number of Rooms
46
RevPAR
$50
Price/Room
$58,587
RRM
3.22
Year Built
1993

Investment Highlights

  • Two-Story, 46-Room, Best Western Hotels-Affiliated Hotel
  • Located 63 Miles from Downtown St. Louis and 77 Miles from St. Louis Lambert International Airport
  • Easily Accessible from Highway 150 and Positioned Near Several Historical Landmarks
  • Situated Under a Mile from Memorial Hospital and Three Miles from Chester Country Club
  • Offered Fee-Simple, Unencumbered by Management Contracts or Existing Debt

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the Best Western Chester Hotel (‘Hotel’ or ‘Property’) located in Chester, Illinois. The Best Western Hotels-Affiliated Hotel is offered at $2,695,000 or $58,587 per key. The Best Western Chester Hotel is a 46-room, two-story Hotel stationed at 2150 State Street in Chester, Illinois, just off Highway 150. Various common area amenities at the Property include an outdoor pool, fitness center, business center, and ample parking for large vehicles. Steeped in history and brimming with charm, Chester, Illinois, offers a captivating tapestry for every traveler. Explore the well-preserved architecture of Old Town, a designated Illinois Great Place, and delve into local heritage at the Chester Historical Society Museum. Embrace Chester's playful side as the "Home of Popeye" by following the Character Trail and visiting the Popeye Museum. History buffs will delight in Fort DeChartres, the Popeye Statue River Outlook, and the homes of author Pierre Menard and the Cohen family. Chester boasts natural beauty with the Randolph County Forest Preserve and the Great River Road National Scenic Byway, while nearby wineries, orchards, and attractions like Fairmount Park, Gateway International Raceway, and Six Flags St. Louis offer further exploration. Immerse yourself in the vibrant local culture by attending events at the Show Me State Room, browsing unique shops and art galleries, or indulging in Southern-influenced American cuisine. As the county seat, Chester houses various institutions and is conveniently located near businesses like the Menard Correctional Center and the Union Pacific Railroad. This strategic location, just 60 miles from St. Louis, makes Chester a favorite for festival goers, Popeye fans attending the annual picnic, and business travelers alike. Whether seeking historical immersion, outdoor adventure, cultural engagement, or convenient access to business and leisure opportunities, Chester, Illinois, welcomes you to discover its captivating tapestry and create lasting memories.

Exclusively Listed By

Financing By

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