Four Points by Sheraton Peoria

500 Hamilton Blvd, Peoria, IL 61602

  • For Sale Contact for pricing
  • Property Type Hotel / Motel
  • Lot Size 2.2 Acre
  • Year Built 1975
  • Year Renovated 2020
  • Date Updated Mar 19, 2025

RI Marketplace Online Auction April 28-30, 2025

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Berkadia Hotels & Hospitality has been exclusively retained in connection with the solicitation of offers to acquire the fee simple interest in the 323-room Four Points by Sheraton Peoria (the ‘Hotel’, ‘Property', or ‘Asset’) through an auction sales process via RI Marketplace. Having been fully redeveloped/repositioned in 2020 with a construction budget of approximately $40MM ($125k/key), the Four Points Peoria provides a new owner the ability to acquire a recently renovated, nine-story, concrete and steel constructed hotel, with a best-in-class Marriott affiliation/loyalty program at a highly attractive basis far below replacement cost. The Asset is being offered fee simple, non-union, and unencumbered of management, permitting a potential buyer to implement tailored revenue management strategies that align the Asset’s top-line performance with market-level RevPAR ($84), while simultaneously allowing a new operator to drive operational efficiencies and cash-flow.

 

Scott Bowers

Auctioneer License ID 040000273

 

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Contacts

broker
Doug Clark

RealINSIGHT Marketplace

Location

Getting Around

  • Walk Score ®

    82/100 Very Walkable

  • Transit Score ®

    51/100 Good Transit

  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City Peoria, IL
  • Neighborhood Downtown Peoria
  • Zip Code 61602
  • Market Chicago

Points of Interest

  • BP Gas Station/Red Carpet Carwash/Convenience Store

    0.25 miles

  • BP

    0.26 miles

  • Tesla Motors Destination Charger

    0.36 miles

  • Shell

    0.95 miles

  • Huck's

    0.98 miles

  • Tesla Supercharger

    1.04 miles

  • Circle K

    1.94 miles

  • Costco Gasoline

    1.96 miles

  • ChargePoint

    3.49 miles

  • Parking for South Side Office of Concern

    0.05 miles

  • Parking for Busey Bank

    0.07 miles

  • Parking for Peoria Public Library employees

    0.12 miles

  • Parking for Peoria First United Methodist Church employees

    0.13 miles

  • Parking for Peoria First United Methodist Church

    0.16 miles

  • Hamilton Square Parking

    0.16 miles

  • Parking for Central Illinois Agency on Aging

    0.17 miles

  • Parking for the Mark Twain Hotel

    0.18 miles

  • Parking for 700 Main & Peoria First United Methodist Church

    0.18 miles

  • Parking for Sacred Heart

    0.19 miles

  • Four Points by Sheraton Peoria

    0.00 miles

  • Courtyard

    0.14 miles

  • Peoria Marriott Pere Marquette Hotel

    0.15 miles

  • Mark Twain Boutique Hotel

    0.19 miles

  • Staybridge Suites Peoria Downtown

    0.39 miles

  • Embassy Suites

    0.82 miles

  • Holiday Inn Express & Suites

    1.04 miles

  • Holiday Inn

    1.55 miles

  • Fairfield Inn & Suites

    1.76 miles

  • Residence Inn

    1.76 miles

  • Craft 309 Kitchen

    0.03 miles

  • Subway

    0.09 miles

  • Obed & Isaac's

    0.11 miles

  • Hoops Pub & Pizza

    0.11 miles

  • Rumburger's Wings & More

    0.12 miles

  • Something 2 Taco 'bout

    0.17 miles

  • Jim's Steakhouse

    0.21 miles

  • Jimmy John's

    0.33 miles

  • Blue Duck Barbecue Tavern

    0.49 miles

  • Steak 'n Shake

    0.79 miles

  • Robert Morris University Illinois—Peoria Campus

    0.36 miles

  • Irving Primary School

    0.39 miles

  • University of Illinois College of Medicine at Peoria

    0.44 miles

  • Valeska Hinton Early Childhood Education Center

    0.84 miles

  • Peoria High School

    0.96 miles

  • Franklin Primary School

    0.99 miles

  • Saint Andrews Day Care Center

    1.12 miles

  • Saint Mark's School

    1.15 miles

  • Lincoln K-8 School

    1.19 miles

  • Saint Patrick School

    1.21 miles

  • Salvation Army Child Care Center

    0.24 miles

  • Crittenton Centers

    0.67 miles

  • Kinder Care Learning Center

    2.69 miles

  • Pierson Hills Early Childhood Education Center

    2.71 miles

  • Faithful Heart Childcare

    6.36 miles

  • Little Oaks

    7.87 miles

  • Little Friends Learning Center

    8.33 miles

  • Pumpkin Place

    9.40 miles

Frequently Asked Questions

How much does Four Points by Sheraton Peoria cost?

The sale price for Four Points by Sheraton Peoria is available upon request. Contact the listing broker for more information.

When was this property built?

Four Points by Sheraton Peoria was built in 1975.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Doug Clark

RealINSIGHT Marketplace

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