There is no prospective buyer for the Hotel Kaskaskia in La Salle.
Two weeks ago, La Salle Alderman James Bacidore told the City Council he received a call from a member of the Illinois Developmental Authority, saying there is a party interested in buying the Kaskaskia Hotel.
Alderman Diz Demes confirmed, saying he received the same call requesting information.
A caller had requested only preliminary information, however.
“They are not going to pursue it,” said Leah Inman, economic development director, at Tuesday’s council meeting.
The century-old Kaskaskia, which is not in operation, is owned by CL Real Estate, a company of Peter Limberger’s. Development has been planned for it, but it has not materialized as of yet.
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