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No Hotel Kaskaskia buyer, La Salle council learns

Caller had requested only preliminary information

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.

Tom Collins

Tom Collins

Tom Collins covers criminal justice in La Salle County.