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Best Motel By OYO Chicago I-90 6535 S King Dr 53 Room Hotel Chicago, IL 60637 $4,376,640 CAD ($82,578 CAD/Room)
Executive Summary
Best Motel by OYO Chicago, 53-rooms, 2-Story California-style exterior corridor motel built in 1971, totaling approximately 20,200 Sq ft. of building and about 18,000 Sq ft. of land with main-level on-site parking. Located in Chicago’s Woodlawn neighborhood on the South Side, near Hyde Park and Englewood. The property is within 2-miles from Barak Obama Presidential Library, close to the University of Chicago, Jackson Park, the Museum of Science and Industry, neighborhood retails and transit, including the CTA King Drive Station. Approximately 1-mile east of the Dan Ryan Expressway and within several miles from and to downtown Chicago, the area is experiencing ongoing redevelopment, including the nearby Barack Obama Presidential Library (opening Spring 2026). Zoned C1-2 Commercial, permitting a wide range of uses including retail, auto services, warehouse, mixed-use, and residential above ground floor.
Property Facts
| Price | $4,376,640 CAD | Building Size | 20,200 SF |
| Price Per Room | $82,578 CAD | No. Rooms | 53 |
| Sale Type | Investment | No. Stories | 2 |
| Sale Condition | Bulk/Portfolio Sale | Year Built | 1971 |
| Property Type | Hospitality | Parking Ratio | 2.18/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.67 AC | ||
| Zoning | C1-2, Chicago - Zoned C1-2 Commercial, permitting a wide range of uses including retail, auto services, warehouse, mixed-use, and residential above ground floor. | ||
| Price | $4,376,640 CAD |
| Price Per Room | $82,578 CAD |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.67 AC |
| Building Size | 20,200 SF |
| No. Rooms | 53 |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 2.18/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | C1-2, Chicago - Zoned C1-2 Commercial, permitting a wide range of uses including retail, auto services, warehouse, mixed-use, and residential above ground floor. |
Amenities
- Business Center
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 53 | $98.47 CAD | - |
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,170,285 CAD | |
| Land Assessment | $100,143 CAD | Total Assessment | $1,270,428 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$100,143 CAD
Improvements Assessment
$1,170,285 CAD
Total Assessment
$1,270,428 CAD
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Best Motel By OYO Chicago I-90 | 6535 S King Dr
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