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    200 Comfort Dr South Jacksonville, IL 62650

    Sponsored
    For Sale
    $3,600,000

    70-Unit Hotel in Southwestern Illinois

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 70-unit Choice hotel presents a lucrative investment opportunity. Located in South Jacksonville, Illinois, at 200 Comfort Dr, zip code 62650, this three-story, interior corridor hotel enjoys a prime location just off the interstate, benefiting from the high traffic volume generated by a nearby truck stop and RV dealer. The property boasts a range of amenities designed to enhance guest comfort and satisfaction, including a breakfast area, business center, meeting space, fitness center, an indoor heated pool, and guest laundry facilities. Each of the 70 guest rooms is equipped with a microwave and refrigerator, catering to the needs of both business and leisure travelers. The asking price for this well-maintained, single-building hotel is $3,600,000. A second, separately available 40-unit hotel with living quarters is also available within a two-hour radius for $1,800,000. Both properties offer significant potential for strong returns on investment, and are available for purchase individually or as a portfolio. This is a rare opportunity to acquire a well-established hospitality asset in a high-demand location.

    Property Features for 200 Comfort Dr

    General Information

    Property type
    Hotels

    Building Details

    Buildings
    1
    Stories
    3

    HighLights

    • 70‑unit Choice hotel in South Jacksonville, IL (62650), located at 200 Comfort Dr.
    • Prime interstate location near truck stop and RV dealer, driving high traffic volume.
    • Three‑story interior corridor hotel with amenities including breakfast area, business center, meeting space, fitness center, indoor heated pool, and guest laundry.
    • All 70 guest rooms feature microwaves and refrigerators.
    • Asking price: $3,600,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quality Inn Jacksonville ... Hotel Concert In The Cornfield Night Club

    Suggested Use

    Restaurant Realty agency Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Auto Parts Store Hotel & Motel Bar & Pub Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Jacksonville
    County
    Morgan
    State
    Illinois
    Longitude
    -90.23021829
    Latitude
    39.69238493

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    FAQs

    What type of property is this?
    Hotel - 70-Unit Hotel in Southwestern Illinois
    Where is this hotel located?
    The property is located at 200 Comfort Dr South Jacksonville, IL.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: 70-unit Choice hotel in South Jacksonville, IL (62650), located at 200 Comfort Dr.; Prime interstate location near truck stop and RV dealer, driving high traffic volume.; Three-story interior corridor hotel with amenities including breakfast area, business center, meeting space, fitness center, indoor heated pool, and guest laundry.
    Request Owner's contact information
    200 Comfort Dr South Jacksonville, IL 62650
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    South Jacksonville, IL 62650
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 Comfort Dr South Jacksonville, IL 62650
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