The Monroe Street Suites is an updated and charming commercial boutique hotel located in Pittsfield, Illinois. The sale will include everything needed to continue business as usual, ensuring quick income for the new owner. The current owners have completely updated the hotel's aesthetic, transforming it into a chic, intimate atmosphere. The building consists of 6 units, mixing and matching bed sizes for all types of guests. EV chargers are in the process of being installed, adding additional income in the future. Other recent updates include a new roof in 2023, a new HVAC roof unit in 2023, all new interior and exterior paint in 2025, all new custom-made beds in 2025, new mattresses and pillows in 2025, new ceiling tiles and light fixtures in 2025, and new metal on the back patio closets in 2025. The business currently offers its clients free parking and wireless internet. Each unit consists of 1 or 2 beds, a TV, extra seating, mini-refrigerator, full bathroom, hair dryer, iron/ironing board, and more. Guests can also enjoy a small common area as well as a larger back patio. The business already has an established clientele which continues to grow in recent years. All inventory, the business, all systems in place, the building, and land convey with the sale making it a truly convenient investment for someone looking to add to their hospitality portfolio or someone new who is looking for something small to start out with. Don't miss out on this amazing business opportunity!
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
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Pittsfield is located in Illinois. Pittsfield, Illinois has a population of 4,123. Pittsfield is more family-centric than the surrounding county with 28.63% of the households containing married families with children. The county average for households married with children is 28.47%.
The median household income in Pittsfield, Illinois is $41,638. The median household income for the surrounding county is $51,529 compared to the national median of $69,021. The median age of people living in Pittsfield is 42.2 years.
The average high temperature in July is 86.5 degrees, with an average low temperature in January of 17.4 degrees. The average rainfall is approximately 39.9 inches per year, with 17 inches of snow per year.
