Flagged Motel for Sale in Chicago, IN
Why this business stands out
A 122-room flagged motel in the Chicago metro area generates $1.3M in room revenue with no PIP required, keeping upfront capital needs low for an acquiring buyer. The property currently operates under absentee management, suggesting meaningful upside for an engaged owner-operator who can optimize occupancy and operational efficiency. Asking price of $4M with $250K in SDE positions this as a hospitality acquisition for a buyer seeking a branded flag in a high-demand corridor.
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Frequently asked questions
How much does this entertainment & recreation business cost?
The asking price is $4,000,000. Exact terms and any seller financing are confirmed directly with the seller after you sign up.
Where is this entertainment & recreation business located?
It operates in the Chicago-Naperville-Elgin area. The exact city is shown after you create a free Searcher OS account.
Can this acquisition be financed with an SBA loan?
Many businesses in this price range qualify for SBA 7(a) financing, which can cover up to 90% of the purchase price over a 10-year term. See the financing snapshot above for an illustrative scenario.