Best Western Chester, IL

Best Western Chester, IL

Listing Agents

Rob Willard
T | 314.306.2119
rwillard@paramountlodging.com

Mike Schlictman
T | 803.920.4173
mikes@paramountlodging.com

Andrew Makhlouf
312.610.9067
amakhlouf@paramountlodging.com

Real Insight Marketplace Limited Service
Illinois
Detailed Information
Location
Chester, Illinois
Property Highlights
  • Fee simple interest in the absentee owned and third-party managed 46-room Best Western Chester, IL
  • Offered unencumbered by debt and management
  • Well-maintained all brick exterior, Best Western hotel eligible for auto transfer and minimal change of ownership PIP
  • Operational upside through more hands-on ownership and transition away from third-party management
  • Ideal owner operator opportunity
  • Proximate to the largest employers in the area including Gilster-Mary Lee Food Service, Menard Correctional Center, Memorial Hospital, and Chester Mental Health Center
  • Ideal time to be investing in the Chester market given the recently announced Chester Bridge Replacement Project
  • Asset is adjacent to and visible from Highway 150 and readily accessible via Interstate I-55
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