610 Springfield Rd Arcola, IL 61910

Property Details for 610 Springfield Rd

Year built

1994

Lot size

0.96 lot acres

Property size

19,056 SF

Property type

Commercial real estate

APN

01-14-10-100-00900

APU

1141010000900

Description

This exceptional 40-unit Choice hotel presents a lucrative investment opportunity in Arcola, Illinois. Strategically located just off Interstate 57 in eastern Illinois, this two-story property offers significant upside potential for an owner-operator. Currently absentee-owned, the hotel boasts convenient amenities including a breakfast area, an outdoor swimming pool, and in-room microwaves and refrigerators in all guest rooms. On-site living quarters provide added convenience for management. The interior corridor design ensures guest comfort and security. The asking price for this established hotel is $1,800,000. This property is situated at 610 E Springfield Rd, Arcola, IL 61910, within Douglas County. Its prime location near a major interstate offers excellent accessibility and visibility, attracting a steady stream of travelers. The existing infrastructure and amenities provide a solid foundation for immediate revenue generation, while the absentee ownership structure presents a clear path for an owner-operator to enhance profitability through active management and operational improvements. This represents a rare chance to acquire a well-positioned hotel with substantial growth potential in a desirable market. Don't miss this opportunity to capitalize on the strong demand for hospitality services in this area.

Location Insight

City

Arcola

County

Douglas

State

Illinois

Longitude

-88.2968

Latitude

39.6805

Property Tax & Assessments