For Auction

73 Key Wellness Hotel | Former Flagged Hotel- Illinois

7787 Timmerman Drive,
East Dubuque, IL 61025

Asset Snapshot

Real Estate
Asset Type
Hospitality
Property Type
2021
Year Renovated
3
Floor Count
1
Building Count
135
Parking Spots
73
Number of Rooms
3.01 Acres
Land Area
80,000 SF
Function Space Area
Unflagged
Affiliation

Investment Highlights

73-Key Interior-Corridor Hotel on 3 Floors
Approximately 80,000 SF building with a 26,667 SF typical floor and 2,500 SF of meeting space.
2021 Renovation and Wellness Conversion
Fully renovated in 2021 and converted from a Quality Inn into the current Wellness Hotel.
Reflag, Independent or Repositioning Paths
PD zoning permits other uses subject to municipal approval, alongside a reflag or independent run.
Casinos, Golf and Riverfront Demand Drivers
Two casinos, a neighboring golf course and the National Mississippi River Museum & Aquarium nearby.
Under Half a Mile From US-20 Tri-State Link
US-20 crosses the Julien Dubuque Bridge into Dubuque, IA and runs east to Galena, IL.
3.01-Acre Site With 135 Surface Spaces
Located in FEMA Zones B and X, rated moderate to low risk and outside the special flood hazard area.

Offering Summary

Marcus & Millichap, in partnership with RealINSIGHT Marketplace, is pleased to present 7787 Timmerman Dr, East Dubuque, Illinois, a 73-room, three-story interior-corridor hotel totaling approximately 80,000 square feet on a 3.01-acre parcel. The building has a 26,667-square-foot typical floor, roughly 2,500 square feet of meeting space and 135 surface parking spaces. The property formerly operated as a Quality Inn. It was fully renovated in 2021 and converted to the Wellness Hotel, which gives a new owner several paths: reflag the hotel, operate it independently, or pursue another use permitted under its PD zoning, subject to municipal approvals. Two nearby casinos, a neighboring golf course, the National Mississippi River Museum & Aquarium and Dubuque’s broader riverfront attractions support demand, and the Dubuque area draws more than 2 million visitors a year. The site sits off Sinsinawa Avenue, which carries about 10,300 vehicles per day at Timmerman Dr, and less than half a mile from US-20. That highway crosses the Mississippi River on the Julien Dubuque Bridge into Dubuque, Iowa, a county of about 99,000 residents, and runs east to Galena, Illinois. The parcel lies in FEMA Zones B and X, which are rated moderate to low risk and fall outside the special flood hazard area.

Due Diligence

Location

Located at 7787 Timmerman Dr in East Dubuque, Illinois, the hotel sits off Sinsinawa Avenue, which carries about 10,300 vehicles per day, and less than half a mile from US-20. The highway crosses the Mississippi River into Dubuque, Iowa, and runs east to Galena. Two casinos, a neighboring golf course and riverfront attractions support year-round visitor demand.

2M+
Annual visitors to the Dubuque area
10,300
Vehicles per day on Sinsinawa Ave
<0.5 Mi
Distance to US-20

Transaction Managers

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

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Auctioneer

Scott Bowers
c/o Fisher Auction Company Inc.
License: 040000273

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Auction Opens In
45d 13h 54m 13s
$350,000
Starting Bid
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Investment Sales Brokers

SC
Sunny Chen
Apex Investment Partners
Ian Grusd, CCIM SIOR
Marcus & Millichap
SW
Steven Weinstock
Marcus & Millichap
IL License: 471.011175

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.