Grand Victoria Hotel Goes Up For Sealed Bid Auction

Freeport, Illinois — Here’s your chance to own a piece of Freeport nostalgia where the opportunity to realize a vision for yourself and the community can truly come to life.

Freeport’s Grand Victoria Hotel, also known in Freeport over the years as the Ramada and the Holiday Inn, went up for sealed bid auction recently. The 2 story gateway to the city is currently vacant and comes complete with 90 air-conditioned rooms, refrigerators, microwaves and private bathrooms with shower/tub combinations.

Amenities include indoor pool, fitness center, one banquet hall (seating for 400), and free self parking.  The property sits on nearly 6 acres of land (5.77).

Sealed bids are due on June 2, 2017 at 5:00 p.m.  Buyer’s Premium is 6% and the cooperating Broker’s Commission is set at 2%. In 2015 the property taxes were $19,668.72.

Contact the City of Freeport, Community Development Director, Alex Mills at 815-235-8221 or email amills@cityoffreeport.gov for zoning questions.

If you would like to see the full property details click here.

Zoning: B-3
Area Description: This hotel is within close proximity to the Stephenson County Historical Museum, Oscar Taylor Home, Winneshiek Playhouse and Silver Creek Museum.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,074 19,998 30,287
Median Age: 38.02 40.09 42.43
Households: 1,895 8,451 12,942

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