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1908 N Lincoln Ave
Urbana, IL 61801
Howard Johnson by Wyndham Urbana · Hospitality Property For Sale · 35,040 SF
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 3 |
Property Subtype | Hotel | Year Built/Renovated | 1995/2024 |
Building Class | C | Parking Ratio | 1.14/1,000 SF |
Lot Size | 0.93 AC | Corridor | Interior |
Building Size | 35,040 SF |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 0.93 AC |
Building Size | 35,040 SF |
No. Stories | 3 |
Year Built/Renovated | 1995/2024 |
Parking Ratio | 1.14/1,000 SF |
Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
About 1908 N Lincoln Ave , Urbana, IL 61801
Property Overview: The Econo Lodge Urbana is a 65-room, three-story, interior corridor hotel built in 1995. Well-equipped with numerous common area and guest room amenities, this limited-service economy hotel offers spacious guest rooms that come furnished with a microwave, refrigerator, work desk, and a flat-screen television with premium channels. Additionally, some splendid common area amenities the hotel has to offer consist of an indoor pool, fitness center, business center, and dry cleaning services. Location Overview: Urbana, Illinois is a city located in Champaign County in the central region of the state, 90 miles east of Springfield and 140 miles south of Chicago. The Econo Lodge Urbana is superbly positioned on North Lincoln Avenue near Interstate 74. With the city's major employers and popular revenue generators in close proximity to the property, this sought after hotel benefits from many key industries of the town which include educational services, accommodation & food service, and healthcare & social assistance. Carle Foundation Hospital and the University of Illinois at Urbana-Champaign, two of the city's largest employers located approximately 1.5 miles from the hotel, are prime revenue drivers for the surrounding area. Other major employers that are responsible for a significant portion of the workforce include FedEx Shipping Center (0.9 miles), Christie Clinic (2.2 miles), Kraft Foods (2.9 miles), and Parkland College (4.1 miles). Revenue generators in the area, like Market Place Shopping Center (2.2 miles) and University of Illinois Willard Airport CMI (8.4 miles) help bring additional revenue to the hotel through an increase in transient business. Extra demand drivers for the city include Champaign County Fairgrounds (0.8 miles), Spurlock Museum (1.6 miles), Krannert Art Museum (2.8 miles) and Alto Vineyards Champaign (6.4 miles).
Links
PROPERTY TAXES
Parcel Number | 91-21-05-301-011 | Improvements Assessment | $547,542 |
Land Assessment | $128,272 | Total Assessment | $675,814 |
PROPERTY TAXES
zoning
Zoning Code | B-3 |
B-3 |
Listing ID: 14052182
Date on Market: 2018-10-12
Last Updated:
Address: 1908 N Lincoln Ave, Urbana, IL 61801
The Hospitality Property at 1908 N Lincoln Ave, Urbana, IL 61801 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.